Search

Lockheed Martin Posts Strong Fourth Quarter, Plans Large Boost In Internal Investment

Lockheed Martin Posts Strong Fourth Quarter, Plans Large Boost In Internal Investment
financial stock market graph on technology abstract background

Lockheed Martin [LMT] on Thursday reported strong earnings and sales results in its fourth quarter with the bottom-line benefitting from the absence of huge charges a year ago on classified programs. Net income increased nearly 150 percent to $1.3 billion, $5.80 earnings per share, from $527 million ($2.22 EPS), beating consensus estimates by a nickel. A year ago, earnings suffered from $1.3 billion ($5.45 EPS) in losses on two classified programs, one in the Missiles and Fire Control (MFC) segment…

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.



Congress Updates

Trump Wants Second Reconciliation Bill On His Desk By June 1

President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]


Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says

Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]


Graham Says GOP To Move Ahead On Second Reconciliation Bill, With Defense Funds As Priority

Senate Budget Committee Chair Lindsey Graham (R-S.C.) said Wednesday, with the White House’s backing, his panel will move “expeditiously” on crafting a second reconciliation bill, citing priorities for defense and […]


Hegseth Acknowledges Potential $200 Billion Iran Supplemental Request, Final Figure ‘Could Move’

Defense Secretary Pete Hegseth on Thursday acknowledged the Pentagon could potentially ask Congress for $200 billion in supplemental funding to support the ongoing operation against Iran and replenish munitions used […]