Lockheed Martin (LMT) tops Q3 expectations on 'robust' demand
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Lockheed Martin Reports Third Quarter 2023 Financial Results
October 17, 2023 7:29 AM EDTNet sales of $16.9 billion, an increase of 2% year-over-yearNet earnings of $1.7 billion, or $6.73 per shareCash 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 repurchasesIncreased share repurchase authority by $6.0 billion to a total authorization of $13.0 billionIncreased quarterly dividend to $3.15 per shareReaffirms 2023 financial... More
Lockheed Martin's Next Generation Interceptor Program Advances Through Major Design Milestone
October 16, 2023 11:01 AM EDTCompany executes Preliminary Design Review using advanced digital technologies
HUNTSVILLE, Ala., Oct. 16, 2023 /PRNewswire/ --Â 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. The company remains on-plan to deliver NGI on an accelerated schedule for the warfighter.
... More