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Denver Post Reports on Lockheed’s 1Q16 Results

Cal Biesecker By
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DP highlights margin pressure at Lockheed Martin.

Lockheed Martin Corp. raised its annual profit forecast, providing a glimpse into how the company will fare after a spate of dealmaking reshapes operations amid constrained defense spending. Earnings will be $11.50 to $11.80 a share in 2016, compared with the $11.45 to $11.75 range forecast in January, Lockheed said in a statement Tuesday.

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