Lockheed Martin Q3 sales reach $20.7B, record $292B backlog, outlook updated
FROM THE WIRE · FINANCE.YAHOO.COM
Sales increased 11% to $20.7 billion Net earnings increased 14% to $1.8 billion, or $7.97 per share Cash from operations of $3.4 billion and free cash flow of $3.0 billion Record backlog of $292.0 billion, including $52.5 billion associated with the multi-year award to produce…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishSales growth, a record backlog and an updated 2026 outlook matter for the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Sales rose 11% to $20.7 billion.
- 02Record backlog of $292.0 billion includes $52.5 billion for the PAC-3 MSE award.
- 03Free cash flow was $3.0 billion in the quarter.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets