By Calvin Biesecker Lockheed Martin [LMT] yesterday reported a slight gain in net income in its third quarter that beat consensus expectations due to a tax benefit, but the nation's top defense contractor said profits would be lower in 2010. A number of factors are contributing to the lower profit expectations, such as higher pension expenses and changing security priorities in the Obama administration. Recent program cancellations by the Obama administration such as the VH-71 presidential helicopter program, next-generation satellite…
Lockheed Martin Posts Slight Profit Gain In Third Quarter
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