secwatch.observer — SEC 8-K summary
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Issuer:     LOCKHEED MARTIN CORP (LMT)
CIK:        0000936468
Form:       8-K
Filed at:   2026-01-29T23:59:59+00:00
Accession:  0001628280-26-003970
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lockheed reports Q4 EPS $5.80, full-year sales $75B (+6%); guides 2026 FCF $6.5-6.8B
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- Q4 2025 sales $20.3B (+9% YoY); net earnings $1.3B ($5.80 EPS) vs $527M ($2.22 EPS) in Q4 2024.
- Full-year 2025 sales $75.0B (+6% YoY); net earnings $5.0B ($21.49 EPS) includes $1.63/share pension settlement charge.
- Free cash flow $6.9B in 2025; 2026 FCF guidance raised to $6.5-6.8B, with sales growth ~5% and segment profit growth ~25%.
- Record backlog of $194B; company invested $3.5B in capacity and technology in 2025.
- CEO cited new seven-year framework agreement for PAC-3 missiles under DoW Acquisition Transformation Strategy.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/936468/000162828026003970/0001628280-26-003970-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/936468/000162828026003970/lmt-20260129.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-003970

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