Lockheed Martin (LIM:LMT) Construction In Progress: $0 Mil (As of Mar. 2026)


LIM:LMT Lockheed Martin Corp LIM:LMT
73 GF Score
Price $541.22
GF Value $587.42
Valuation Fairly Valued
! 3 Warning Signs
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What is Lockheed Martin Construction In Progress?

Lockheed Martin LIM:LMT 73 Construction In Progress is $0 Mil as of Mar. 2026. GuruFocus rates LIM:LMT with a GF Score™ of 73/100 and a GF Value™ of $587.42 (Fairly Valued). The stock has 3 warning signs investors should review.

Lockheed Martin's quarterly construction in progress increased from Sep. 2025 ($0 Mil) to Dec. 2025 ($1,806 Mil) but then declined from Dec. 2025 ($1,806 Mil) to Mar. 2026 ($0 Mil).

Lockheed Martin's annual construction in progress declined from Dec. 2023 ($2,081 Mil) to Dec. 2024 ($2,053 Mil) and declined from Dec. 2024 ($2,053 Mil) to Dec. 2025 ($1,806 Mil).

Lockheed Martin Construction In Progress Historical Data

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The historical data trend for Lockheed Martin's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Lockheed Martin Construction In Progress Chart

Lockheed Martin Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,900.00 2,036.00 2,081.00 2,053.00 1,806.00

Lockheed Martin Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 1,806.00 0.00
LIM:LMT
73GF Score
Lockheed Martin Corp LIM:LMT
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Lockheed Martin Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of $0 Mil mean?
Lockheed Martin (LIM:LMT) has a Construction In Progress of $0 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Lockheed Martin and its competitors.
Is Lockheed Martin's Construction In Progress too high?
Lockheed Martin's current Construction In Progress is $0 Mil. Overall, Lockheed Martin has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lockheed Martin's Construction In Progress compare to HWM and GD?
Lockheed Martin's Construction In Progress of $0 Mil can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for an Aerospace & Defense company?
A good Construction In Progress depends on the Aerospace & Defense industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Lockheed Martin and its competitors. Lockheed Martin's current Construction In Progress is $0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lockheed Martin stock overvalued right now?
Based on GuruFocus' analysis, Lockheed Martin (LIM:LMT) is currently considered Fairly Valued. The stock's GF Value™ is $587.42, compared to a current price of $541.22 — trading 7.9% below its estimated fair value. The current Construction In Progress is $0 Mil. Lockheed Martin's overall GF Score™ is 73/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Lockheed Martin (LIM:LMT), the current Construction In Progress is $0 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Lockheed Martin (LIM:LMT) Overvalued in 2026?

Based on GuruFocus' analysis, Lockheed Martin stock appears to be undervalued. The current stock price of $541.22 is trading 7.9% below its estimated GF Value™ of $587.42. GuruFocus considers Lockheed Martin to be Fairly Valued.

Key valuation signals for LIM:LMT:

  • Construction In Progress: $0 Mil
  • GF Value™: $587.42 vs. price of $541.22 (7.9% below fair value)
  • GF Score™: 73/100 with 3 warning signs

No single metric tells the full story. See the LIM:LMT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Lockheed Martin Business Description

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. Aeronautics is Lockheed's largest segment, which derives upward of two-thirds of its revenue from the F-35. Lockheed's remaining segments are rotary and mission systems, mainly encompassing 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.
73GF Score

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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$541.22
Price
$587.42
GF Value