Sign In
Search
Business/Financial

Lockheed Martin Opens Year With Solid First Quarter; Raises Guidance

Cal Biesecker By
SHARE:
Lockheed Martin Opens Year With Solid First Quarter; Raises Guidance
Lockheed Martin Chairman, President and CEO James Taiclet. Photo: Lockheed Martin

Lockheed Martin [LMT] on Tuesday posted solid results in its first quarter with earnings and sales higher and the company increased its outlook this year for the top and bottom lines. The higher earnings in the quarter were aided by a gain in the company’s Ventures Fund business that invests in start-up and other small technology companies, partially offset by severance and restructuring costs in the Rotary and Mission Systems (RMS) segment that is being realigned to improve efficiency and…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Business/Financial

L3Harris Names New CFO, Freeing Bedingfield To Run Missile Solution Business

Business/Financial

Venture Firm Focused On Dual Use Maritime Companies Gets $150 Million DoD Loan Backing

Business/Financial

Lux Aeterna, Startup Developing Reusable Spacecraft, Raises $10 Million In Seed Round

Business/Financial

Ondas To Acquire Mistral, Giving Access To U.S. Prime Contracts, Manufacturing Footprint

Trending

Anduril Nabs $20 Billion Army Award For Enterprise-Wide Counter-Drone Solutions
X-Bow To Acquire Evolution Space, Enhancing Hypersonics And Energetics Capabilities
Army Wants Long-Range PrSM Inc. 4 On Accelerated Timeline, Plans Fly Off In Late FY ‘28
BAE Systems Completes Preliminary Design Review For Epoch 2 Constellation
Drone Dominance Program Selects 11 Finalists For Potential Orders After First Gauntlet

Congress Updates

Unmanned Systems

Counter-Drone Needs Will Be Addressed In Next NDAA Based On Iran War Lessons, Banks Says

A Republican senator on Armed Services Committee on Thursday said that defending against Iranian drones has been challenge for U.S. warfighters and will be an area of focus in the […]

Pentagon

Pentagon ‘Working Options’ On Iran Supplemental, May Seek Funds For New Capabilities

The Pentagon is “working options” for a potential supplemental spending request to fund the operation against Iran and replenish munitions used in the strike campaign, with a senior official noting […]

Congress

Wicker Backs “Crash Program” To Supply Ukraine With Low-Cost Weapons

Senate Armed Services Committee (SASC) Chairman Roger Wicker (R-Miss.) on Thursday proposed a rapid effort to supply Ukraine with low-cost weapons to aid that country in turning back Russia. “We […]

Congress

Dem Lawmakers Want To Codify Trump’s Push For More Defense Contractor Accountability

A group of four Congressional Democrats want to codify President Donald Trump’s push to hold defense firms accountable for prioritizing production investments over paying out stock buybacks, and are seeking […]

The Force Multipliers

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Force Multipliers

Force Multipliers – Fred Taylor

Job Feed

Post a Job // Post a Resume