Revenue segments as reported by the company.

Aeronautics

Missiles and Fire Control

Rotary and Mission Systems

Space

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Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Lockheed Martin

Sikorsky Aircraft is an American aircraft manufacturer based in Stratford, Connecticut. Sikorsky manufacters airpanes, helicopters, as well as other aircraft and products.

Sikorsky Aircraft

Sandia National Laboratories is one of three National Nuclear Security Administration research and development laboratories. Their primary mission is to develop, engineer, and test the non-nuclear components of nuclear weapons.

Sandia National Laboratories

Lockheed Martin Corp. is a global security and aerospace company, which engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services. It operates through the following business segments: Aeronautics, Missiles and Fire Control (MFC), Rotary and Mission Systems (RMS), and Space. The Aeronautics segment research, designs, develops, manufactures, integrates, sustains, supports, and upgrades advanced military aircraft, including combat and air mobility aircraft, unmanned air vehicles, and related technologies. The MFC segment is involved in air and missile defense systems, tactical missiles and air-to-ground precision strike weapon systems, logistics, fire control systems, mission operations support, readiness, engineering support and integration services, manned and unmanned ground vehicles, and energy management solutions. The RMS segment designs, manufactures, services, and supports various military and commercial helicopters, surface ships, sea and land-based missile defense systems, radar systems, sea and air-based mission and combat systems, command and control mission solutions, cyber solutions, and simulation and training solutions. The Space segment includes the production of satellites, space transportation systems, and strategic, advanced strike, and defensive systems. The company was founded in 1912 and is headquartered in Bethesda, MD.

Earnings data Q1 2021

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Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q1 2023

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Earnings data Q3 2023

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Earnings data Q1 2024

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Earnings data Q4 2024

Lockheed Martin reports robust earnings, eyes growth in hypersonics

Lockheed Martin's Q4 2022 earnings call highlighted strong financial performance, strategic investments in growth areas, and challenges in maintaining margins. The company's focus on operational efficiency and future growth opportunities positions it well for continued success. Opportunities in hypersonics, new awards, and emerging technologies present avenues for further expansion.

Lockheed Martin reports robust Q1 performance and eyes international growth

Lockheed Martin's Q1 performance reflects strong sales growth, margin stability, and cash flow improvement. The company's strategic focus on technology development, international markets, and supply chain management will drive future growth. Opportunities in defense spending, international programs, and margin expansion position Lockheed Martin for continued success.

Lockheed Martin excels in Q2 with record backlog and raised outlook, eyes F-35 expansion and international growth

Lockheed Martin's Q2 performance reflects strong financial health and growth prospects driven by defense budget support, innovation, and international partnerships. While facing challenges in certain segments, the company is well-positioned to capitalize on opportunities in defense technology and production expansion.

Lockheed Martin reports solid Q3 earnings, eyes international growth

Lockheed Martin's Q3 performance reflects steady growth, strong financials, and a focus on shareholder value. The company faces challenges in managing margins, pension pressures, and program risks while capitalizing on international opportunities and technological advancements.

Lockheed Martin exceeds Q4 expectations, focuses on growth and security

Lockheed Martin's Q4 2023 earnings call highlighted strong financial performance, sustained sales growth, and a focus on shareholder returns in 2024. The company is addressing margin compression challenges through cost control and supply chain optimization while investing in R&D to enhance defense capabilities. Opportunities lie in growth drivers like missiles and defense systems.

Lockheed Martin reports strong Q1 earnings, eyes growth opportunities

Lockheed Martin's Q1 2024 earnings call highlighted robust financial performance, strengths in key programs, challenges in the F-35 program and supply chain, and growth opportunities in digital contracting and modernization efforts.
The company emphasized a mission-centric approach, shareholder returns, and a focus on diversifying sources and contract formats to mitigate risks and drive future growth.
Expectations for stability in the business, a slowdown in quarterly sales growth, and plans for strategic reassessment indicate a proactive stance towards market dynamics and evolving defense needs.
Overall, Lockheed Martin's earnings call outlined a strategic roadmap for continued success, innovation, and resilience in the defense industry landscape.

Lockheed Martin (LMT) reports robust Q3 performance and growth opportunities

Lockheed Martin's Q3 2024 performance showcased strong financials, driven by a record backlog, increased sales, and operational improvements. The company's focus on key strengths like the F-35 program and dividend growth positions it well for future success. While challenges exist in maintaining growth, opportunities in international collaborations and innovation present avenues for continued expansion.

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Lockheed Martin Corporation (NYSE:LMT ) Q3 2023 Earnings Conference Call October 17, 2023 11:00 AM ET Company Participants Maria Ricciardone Lee - VP of IR Jim Taiclet - Chairman, President and CEO Jay Malave - CFO Conference Call Participants Doug Harned - Bernstein Cai von Rumohr - TD Cowen Kristine Liwag - Morgan Stanley George Shapiro - Shapiro Research David Straus - Barclays Kenneth Herbert - RBC Capital Markets Rob Stallard - Vertical Research Richard Safran - Seaport Research Partners Sheila Kahyaoglu - Jefferies Seth Seifman - JPMorgan Myles Walton - Wolfe Research Noah Poponak - Goldman Sachs Jason Gursky - Citi Operator Good day, and welcome, everyone, to the Lockheed Martin Third Quarter 2023 Earnings Results Conference Call. Today's call is being recorded.

Lockheed Martin Corporation (LMT) Q3 2023 Earnings Call Transcript

Lockheed's weapons, such as the guided multiple launch rocket system and Javelin anti-tank missiles, made in conjunction with RTX have proven critical to Ukraine's war efforts.

Lockheed beats estimates on sustained weapons demand amid geopolitical tensions

Lockheed's (LMT) third-quarter sales of $16.88 billion surpass the Zacks Consensus Estimate by 1.3%. The top line rises 1.8% year over year.

Lockheed (LMT) Q3 Earnings Beat Estimates, Sales Rise Y/Y

Lockheed Martin (LMT) came out with quarterly earnings of $6.77 per share, beating the Zacks Consensus Estimate of $6.66 per share. This compares to earnings of $6.87 per share a year ago.

Lockheed Martin (LMT) Q3 Earnings and Revenues Top Estimates

While the top- and bottom-line numbers for Lockheed (LMT) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Here's What Key Metrics Tell Us About Lockheed (LMT) Q3 Earnings

Lockheed Martin (NYSE:LMT) saw its sales increase by around 2% year-over-year as the global aerospace and defense company delivered an impressive 3Q financial report. The firm posted net sales of $16.9 billion, representing a 2% increase compared to the same quarter in 2022 when net sales were $16.6 billion.

Lockheed Martin 3Q beats estimates

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Dividend Income Summary: Lanny's September 2023 Summary

Lockheed Martin Corp. LMT, -0.15% said Tuesday it had net income of $1.7 billion, or $6.73 a share, in the third quarter, compared with income of $1.8 billion, or $6.71 a share, in the year-earlier period. Revenue rose 2% to $16.9 billion.

Lockheed Martin posts better-than-expected Q3 earnings

Lockheed Martin reported higher third-quarter revenue on Tuesday, as geopolitical tensions fueled sustained demand for its military equipment.

Lockheed revenue rises on sustained weapons demand amid geopolitical tensions

Net sales of $16.9 billion, an increase of 2% year-over-year Net earnings of $1.7 billion, or $6.73 per share Cash from operations of $2.9 billion and free cash flow of $2.5 billion $2.5 billion of cash returned to shareholders through dividends and share repurchases Increased share repurchase authority by $6.0 billion to a total authorization of $13.0 billion Increased quarterly dividend to $3.15 per share Reaffirms 2023 financial outlook BETHESDA, Md. , Oct. 17, 2023 /PRNewswire/ -- Lockheed Martin Corporation (NYSE: LMT) today reported third quarter 2023 net sales of $16.9 billion, compared to $16.6 billion in the third quarter of 2022.

Lockheed Martin Reports Third Quarter 2023 Financial Results

Lockheed Martin, defense contractors are set to report earnings with a new war underway between Israel and Hamas. LMT stock is consolidating.

LMT Stock: Lockheed Martin, Defense Earnings In Focus as Israel, Hamas War Rages

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Last year, total military expenditure increased 3.7% on a year-on-year basis to $2.24 trillion. Further, military spending in Europe saw the steepest increase on a year-on-year basis in the last 30 years.

3 Defense Stocks to Buy as Geopolitical Tensions Intensify

Lockheed Martin (NYSE:LMT) is expected to deliver earnings that come in ahead of estimates when it posts its third-quarter financials this week. The global aerospace and defense company has surprised investors with an average earnings beat of 5.04% over the past four quarters.

Lockheed Martin could see strong earnings in Q3, riding on robust sales

Company executes Preliminary Design Review using advanced digital technologies HUNTSVILLE, Ala. , Oct. 16, 2023 /PRNewswire/ -- Lockheed Martin's (NYSE: LMT) Next Generation Interceptor (NGI) program executed its digital All Up Round (AUR) Preliminary Design Review (PDR), in partnership with the Missile Defense Agency (MDA), on September 29.

Lockheed Martin's Next Generation Interceptor Program Advances Through Major Design Milestone

Lockheed's (LMT) Q3 results are likely to reflect solid segmental performance except the Aeronautics unit. Lower share count as well as tax benefits are expected to have contributed favorably to LMT's earnings.

Will Segmental Performance Aid Lockheed's (LMT) Q3 Earnings?

The bloody attack on Israel and inevitable retaliation have turned defense stocks into a gauge of the geopolitical risks perceived by financial markets. For now, it is flashing amber rather than red.

What Defense Stocks Are Saying about a More Violent World

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News for Lockheed Martin Stock (LMT)