GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Lockheed Martin Corp (LTS:0R3E) » Definitions » Allowance For Loans And Lease Losses

Lockheed Martin (LTS:0R3E) Allowance For Loans And Lease Losses


View and export this data going back to 2014. Start your Free Trial

What is Lockheed Martin Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


Lockheed Martin (LTS:0R3E) Business Description

Industry
Address
6801 Rockledge Drive, Bethesda, MD, USA, 20817
Lockheed Martin is the world's largest defense contractor and has dominated the Western market for high-end fighter aircraft since it won the F-35 Joint Strike Fighter program in 2001. Lockheed's largest segment is aeronautics, which derives upward of two-thirds of its revenue from the F-35. Lockheed's remaining segments are rotary and mission systems, which is mainly the Sikorsky helicopter business; missiles and fire control, which creates missiles and missile defense systems; and space systems, which produces satellites and receives equity income from the United Launch Alliance joint venture.