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Lockheed Martin Sees Little Direct Impact From Tariffs But Warns On Supply Chain

Lockheed Martin Sees Little Direct Impact From Tariffs But Warns On Supply Chain
Lockheed Martin Chairman, President and CEO Marillyn Hewson

After reviewing President Trump’s plans to impose tariffs on steel and aluminum imports, Lockheed Martin [LMT] on Monday said it doesn’t expect any negative direct impact to the company but cautioned that its suppliers could suffer, which in turn could increase costs and cause delays.“At this time, we do not expect these tariffs to have a significant direct impact on Lockheed Martin programs, primarily because we procurement most of our materials through long-term agreements,” Lockheed Martin said in a statement…

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