secwatch.observer — SEC 8-K summary
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Issuer:     LOCKHEED MARTIN CORP (LMT)
CIK:        0000936468
Form:       8-K
Filed at:   2026-04-23T23:59:59+00:00
Accession:  0001628280-26-026683
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lockheed Martin Q1 EPS $6.44 vs $7.28 YoY; FCF -$291M vs $955M
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- Sales $18.0B flat YoY; net earnings $1.5B down from $1.7B; diluted EPS $6.44 vs $7.28.
- Business segment operating profit $1.823B vs $2.085B YoY; cash from operations $220M vs $1.4B.
- Free cash flow -$291M vs $955M YoY; reaffirms FY2026 outlook: ~5% sales growth, ~25% op profit growth, FCF $6.5-6.8B.
- Signed multiyear framework agreements with DoD to increase Patriot, THAAD, PrSM munitions production 3-4x current rates.
- Orion capsule completed Artemis II mission with successful re-entry and splashdown.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/936468/000162828026026683/0001628280-26-026683-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/936468/000162828026026683/lmt-20260423.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-026683

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