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Lockheed Martin Corporation (NYSE:LMT) is an undervalued aerospace and defense stock to buy. On May 12, during the Balikatan 2026 exercise, Lockheed Martin Corporation (NYSE:LMT) successfully demonstrated the integration of sensors, fires systems, and airspace management via a unified data platform.

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The platform demonstrated its ability to compress sensor-to-shooter timelines, accelerate warfighter capability, and provide a real-time view of the battlefield. The Team Lockheed Martin NGC2 collaborated with the Capability Program Executive Command and Control Information Network, the Armed Forces of the Philippines, the I Marine Expeditionary Force, I Corps, and the 613 Air Operations Center to conduct the operational exercises.

It marked the first time that the Lockheed Martin team successfully demonstrated cross-domain data sharing in the 25ID operational movement. The company is poised to collaborate across the industry with companies such as Raft, Rune, and Amazon Web Services to integrate best-in-class capabilities into the platform.

Lockheed Martin Corporation (NYSE:LMT) is a global security and aerospace company primarily focused on the research, design, development, manufacture, and sustainment of advanced technology systems, products, and services. As a top defense contractor, it specializes in military aircraft (like the F-35), missiles, space systems, and radar technologies for the U.S. and allied governments.

While we acknowledge the potential of LMT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on theΒ best short-term AI stock.

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