Lockheed Martin Corporation (NYSE:LMT) will look for acquisitions. James Taiclet Chairman, President and Chief Executive Officer said during the Third Quarter 2021 Earnings Results Conference Call, "As a final note on shareholder value, we are going to dynamically allocate capital to the highest return opportunities, prioritizing investments that lead to growing free cash flow per share. That's our new metric. We will remain opportunistic in pursuing accretive bolt-on acquisitions, evaluate additional increases to our current share repurchase authorization and continue to reinvest capital into our business to drive long-term growth".