Lockheed Martin (LMT) Tops Q3 EPS Views; Boosts FY16 Outlook
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October 25, 2016 7:25 AM EDT
BETHESDA, Md., Oct. 25, 2016 /PRNewswire/ --Â Lockheed Martin (NYSE: LMT) today reported third quarter 2016 net sales from continuing operations of $11.6 billion, compared to $10.1 billion in the third quarter of 2015. Net earnings from continuing operations in the third quarter of 2016 were $1.1 billion, or $3.61 per share, compared to $756 million, or $2.42 per share, in the third quarter of 2015. Cash from operations in the third quarter of 2016 was $1.3 billion, compared to $1.5 billion in the third quarter of 2015.
"The corporation achieved a quarter of strong... More
October 25, 2016 2:32 AM EDT
(2016-10-25) Kitron has received a multimillion dollar contract from Lockheed Martin (NYSE: LMT) for production of Integrated Backplane Assembly (IBA) for the F-35 Low Rate Initial Production program, LRIP 11. Deliveries start this year and end in 2018.
The IBA is an advanced and complex high-level assembly.
"After years of supplying for the earlier stages of the low rate initial production... More
