Lockheed Martin Q3 sales rise 11% to $20.7B; EPS $7.97, record $292B backlog, 2026 outlook raised

LOCKHEED MARTIN CORP

Q3 sales $20.7B vs $18.6B a year ago; net earnings $1.8B, or $7.97 per diluted share, vs $1.6B and $6.95.
Backlog reached a record $292.0B, up 27% from Q2 2026, including $52.5B from the multi-year PAC-3 MSE interceptor award.
Cash from operations $3.4B and free cash flow $3.0B, down from $3.7B and $3.3B a year earlier.
Lockheed raised its 2026 outlook for sales, EPS and free cash flow, the second consecutive quarterly increase, and raised its dividend for the 24th straight year.
CEO Jim Taiclet said all four segments posted year-over-year growth, citing Aegis, F-35 and Hellfire plus AI and autonomy integration.

This headline and bullets were generated automatically by deepseek-v4.1-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.