Lockheed Martin

Lockheed Martin is the world's largest defense contractor, best known for the F-35 fighter program alongside missiles, space systems, helicopters and advanced sensors. As a prime supplier to the US military and allied governments, it operates on multi-year programs that provide substantial revenue visibility and deep entrenchment in national security. The company has raised its dividend for around two decades, backed by steady program cash flows and complemented by large, consistent share buybacks. The yield is moderate and the payout well covered, though growth depends on defense budgets and program execution. A high score reflects a dependable, long-growing dividend anchored in one of the most stable customer relationships in the industrials space.