Australia Defense Industry Report 2024: Market Size and Trends, Budget Allocation, Regulations, Key Acquisitions, Competitive Landscape and Forecasts 2016-2029 [Yahoo! Finance]
Lockheed Martin Corporation (LMT)
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Source: Yahoo! Finance
landscape and forecast, 2024-2029" report has been added to ResearchAndMarkets.com's offering. The report provides the market size forecast and the projected growth rate for the next five years. The report covers industry analysis including the key market drivers, emerging technology trends, and major challenges faced by market participants. It also offers insights regarding key factors and government programs that are expected to influence the demand for military platforms over the forecast period. In 2024, the Australian government allocated $37.8 billion to its total defense budget, recording a CAGR of 5% during 2020-24. The country's defense budget is expected to grow at a CAGR of 6.9% over the forecast period, to reach $52.4 billion in 2029. The increase in defense spending will be driven by increasing acquisition programs. The acquisition budget for 2024 is $9.1 billion and expected to reach $14.1 billion by 2029, growing at a CAGR 9.8% over the forecast period of 2025-29.
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LMT
Earnings
- 10/22/24 - Beat
LMT
Sec Filings
- 10/28/24 - Form 4
- 10/22/24 - Form 10-Q
- 10/22/24 - Form 8-K
- LMT's page on the SEC website