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Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Lockheed Martin Corporation

(

LMT

) pushed the Aerospace/Defense industry lower today making it today's featured Aerospace/Defense laggard. The industry as a whole closed the day down 1.1%. By the end of trading, Lockheed Martin Corporation fell $3.08 (-1.9%) to $160.90 on average volume. Throughout the day, 2,061,065 shares of Lockheed Martin Corporation exchanged hands as compared to its average daily volume of 1,978,800 shares. The stock ranged in price between $160.01-$164.58 after having opened the day at $164.37 as compared to the previous trading day's close of $163.98. Other companies within the Aerospace/Defense industry that declined today were:

Astrotech Corporation

(

ASTC

), down 5.0%,

Elbit Systems

(

ESLT

), down 3.7%,

Frontline

(

FRO

TheStreet Recommends

), down 2.7% and

Air Industries Group

(

AIRI

), down 2.7%.

Lockheed Martin Corporation, a security and aerospace company, is engaged in the research, design, development, manufacture, integration, and sustainment of advanced technology systems, products, and services for defense, civil, and commercial applications in United States and internationally. Lockheed Martin Corporation has a market cap of $52.4 billion and is part of the industrial goods sector. Shares are up 10.3% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate Lockheed Martin Corporation a buy, 1 analyst rates it a sell, and 11 rate it a hold.

TheStreet Ratings rates

Lockheed Martin Corporation

as a

buy

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the aerospace/defense industry could consider

iShares DJ US Aerospace & Def Idx

(

ITA

) while those bearish on the aerospace/defense industry could consider

ProShares Short Dow 30

(

DOG

).

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