secwatch.observer — SEC 8-K summary
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Issuer:     LOCKHEED MARTIN CORP (LMT)
CIK:        0000936468
Form:       8-K
Filed at:   2025-01-28T23:59:59+00:00
Accession:  0000936468-25-000006
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lockheed Martin 2024 EPS $22.31, hit by $2B classified program losses; sales up 5%
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- Net sales $71.0B (+5% YoY); Q4 $18.6B. Diluted EPS $22.31 (FY) vs $27.55; Q4 $2.22 vs $7.58.
- Classified program losses: pre-tax $2.0B in FY ($1.7B Q4); after-tax impact $6.16/sh FY, $5.45/sh Q4.
- Record backlog $176B at year-end; 2025 financial outlook provided.
- Cash from ops $7.0B; free cash flow $5.3B; returned $6.8B to shareholders in 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/936468/000093646825000006/0000936468-25-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/936468/000093646825000006/lmt-20250128.htm
  HTML page:      https://secwatch.observer/filing/0000936468-25-000006

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