Lockheed Martin reports higher sales on strong defense demand [Yahoo! Finance]
General Dynamics Corporation (GD)
Last general dynamics corporation earnings: 4/29 07:00 am
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Source: Yahoo! Finance
sales, as simmering geopolitical tensions prompt some countries to boost their defense spending, driving demand for new weapons. Sales in its missiles and fire control unit jumped 25.3% to nearly $3 billion, boosted by strong demand for high mobility artillery rocket system (HIMARS) and guided multiple launch rocket system (GMLRS), key weapons used by Ukraine in its conflict with Russia. Sales in its aeronautics business, the company's biggest unit that makes the F-35 fighter jets, rose 9.2% to $6.85 billion. "These first quarter results reinforce our confidence in our ability to achieve the full year financial expectations we set in January," Lockheed CEO Jim Taiclet said in a statement. The missile maker reaffirmed its full-year outlook, projecting net sales of $68.5 billion to $70 billion and profit between $25.65 and $26.35 per share. Quarterly net sales rose to $17.2 billion from $15.13 billion reported last year. Lockheed's earnings are seen as a bellwether for the a
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GD
Earnings
- 4/24/24 - Miss
GD
Sec Filings
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- 5/3/24 - Form 144
- GD's page on the SEC website