Sign In
Search
Business/Financial

Lockheed Martin’s Earnings Slip, Sales Level In First Quarter; Company Maintains 2026 Guidance

Cal Biesecker By
SHARE:
Lockheed Martin’s Earnings Slip, Sales Level In First Quarter; Company Maintains 2026 Guidance
Peru is buying 12 F-16 Block 70 fighters from Lockheed Martin. Image: Lockheed Martin

Lockheed Martin [LMT] on Thursday posted lower net earnings in its first quarter due to a drop in profits at three of its business segments while sales were flat. Net income slid 13 percent to $1.5 billion, $6.44 earnings per share (EPS), from $1.7 billion ($7.28 EPS) a year ago, falling short of consensus estimates by 25 cents per share. Sales were $18 billion, the same as a year ago, and were hindered by one less work week versus a…

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

Blue Water Autonomy Announces Power, Propulsion, Manufacturing Partners

Business/Financial

L3Harris Reports Strong First Quarter Bolstered By ISR, Space And Rocket Motors

Business/Financial

General Dynamics Posts Strong First Quarter Led By Shipbuilding

Business/Financial

True Anomaly Raises $650 Million In New Round To Continue Scaling

Trending

With $1.5 Trillion Request, Army, Air Force, Navy’s Unfunded Lists Focus Solely On MILCON Projects
Pentagon Selects Locations For Directed Energy Counter-Drone Pilots To Accelerate Fielding
Army Launches ‘Right To Integrate’ Effort To Improve Linking Industry’s Weapons, Sensors
T-7A Red Hawk Okayed For Production, Each Of Three LRIP Lots Must Get Clearance, USAF Says
Space Force Awards $3.2 Billion To 12 Companies For Space-Based Interceptor Work

Congress Updates

Congress

Senate Appropriators Concerned With DoD’s Reconciliation Plan For Top FY ‘27 Priorities, Aide Says

Senate defense appropriators have concerns with the Pentagon’s decision to include key fiscal year 2027 funding priorities, such as critical munitions and drones production, among its request for $350 billion […]

Congress

With $1.5 Trillion Request, Army, Air Force, Navy’s Unfunded Lists Focus Solely On MILCON Projects

With the Trump administration’s push to massively increase defense spending to $1.5 trillion in fiscal year 2027, the Army, Air Force and Navy have eschewed submitting large unfunded priorities lists […]

Unmanned Systems

Bipartisan House Bill Would Give National Guard To Counter-Drone Authorities

Seeking to close gaps that may arise between state and local law enforcers in different jurisdictions, a bipartisan contingent of House members this week introduced a bill that would allow […]

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]

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