earnings
confidence high
sentiment positive
materiality 0.85
Lockheed Martin Q2 sales up 11% to $20.1B; EPS $7.94; raises FY guidance
LOCKHEED MARTIN CORP
- Sales $20.1B (+11% YoY); net earnings $1.8B ($7.94 diluted EPS) vs $342M ($1.46) in Q2 2025.
- Free cash flow $2.9B vs $(150)M in prior year; cash from operations $3.2B.
- Record backlog $230B, including $35B multi-year THAAD interceptor contract with Missile Defense Agency.
- Raised FY 2026 guidance: expects ~8% sales growth, 28% higher segment operating profit, FCF >$7B.
- CEO Jim Taiclet cites 21st Century Security strategy; collaboration with GM Defense and Rheinmetall.