Earnings / Defense
Lockheed Martin Sales Rise 11% to $20.711 Billion as Earnings Beat Estimates and Backlog Hits a Record $291.984 Billion
Net earnings rose 14% to $1.845 billion, or $7.97 per share, against Wall Street expectations of $7.52 on sales of $20.5 billion, and the 2026 outlook was raised for a second consecutive quarter.