Lockheed Martin enjoys strong demand for its high-end military equipment in domestic and international markets, being the world's largest defense contractor. However, Lockheed Martin faces intense global competition for its broad portfolio of products and services. Furthermore, forced cost reduction initiatives for the F-35 program might hamper its operating results. America and Turkey's tiff regarding the latter accepting Russian products may hurt Lockheed's component supply from Turkey. It is also facing performance issues in relation to some of its products, which in turn may hurt its results.