proconfidential / Lockheed-Martin--What-doe-the-future-hold-for-this-stock-

Stevens estimates of the total $38.0 billion in government contracts Lockheed earns, $3.8 billion would be lost due to the upcoming government cuts. This would result in axing of many jobs within the firm. As it has dealings with approximately 43,000 suppliers, the jobs within the supply chain would also be affected as it would involve less revenue and notably lower corporate earnings.