secwatch.observer — SEC 8-K summary
======================================

Issuer:     LOCKHEED MARTIN CORP (LMT)
CIK:        0000936468
Form:       8-K
Filed at:   2024-10-22T23:59:59+00:00
Accession:  0000936468-24-000107
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lockheed Martin Q3 sales up 1% to $17.1B; raises FY2024 outlook; dividend up 5%
-------------------------------------------------------------------------------

- Net earnings $1.6B ($6.80 EPS) vs $1.7B ($6.73) YoY; free cash flow $2.1B.
- Record backlog over $165B; 48 F-35 deliveries in Q3.
- Board approved 5% dividend increase to $3.30/share, 22nd consecutive annual hike.
- Increased share repurchase authority by $3.0B to total $10.3B.
- Raised full-year 2024 outlook for sales, segment profit, EPS, and free cash flow.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/936468/000093646824000107/0000936468-24-000107-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/936468/000093646824000107/lmt-20241022.htm
  HTML page:      https://secwatch.observer/filing/0000936468-24-000107

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer