Lockheed Martin's Quantum Push Could Boost Earnings and Share Price

Lockheed Martin's investment narrative could shift as its quantum sensing work with IBM becomes more central. The company is part of a partnership with IBM and ETH Zurich to set up a quantum innovation hub in Switzerland, which will host an IBM Quantum System Two at the Swiss National Supercomputing Center.

The hub will give local industry and researchers cloud access to IBM's wider quantum fleet, linking Lockheed Martin's work in quantum sensing, additive manufacturing, and aerospace and defense applications to IBM's quantum and AI platforms.

Analysts see revenue growing by 5.3% a year over the next three years, with profit margins moving from 8.2% today to 9.3% by 2029 as current programs mature and newer, higher value projects scale.