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via seekingalpha.comBusiness & Companies

Lockheed Martin forecasts $80B-$82B 2026 sales while scaling $8B munitions investment through 2030

FROM THE WIRE · SEEKINGALPHA.COM

Earnings Call Insights: Lockheed Martin (LMT) Q3 2026 MANAGEMENT VIEW * "Lockheed Martin delivered another quarter of strong program performance, growing both sales and profit by double digits" and "we generated $3 billion of free cash flow in the quarter and grew our backlog to…

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishRaised sales, earnings and cash expectations plus the F-35 multiyear deal strengthen the group's outlook.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01CEO James Taiclet said the backlog grew to a record $292 billion.
  2. 02The company generated $3 billion of free cash flow in the quarter.
  3. 03The F-35 agreement covers 850 U.S. aircraft over 10 years, with production at 156 aircraft per year.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Lockheed Martin CorporationLMTStock590.00 USD+0.76%today +6.98%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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