UPDATE 1-Lockheed Martin beats Q1 profit estimates on strong demand [Yahoo! Finance]
Lockheed Martin Corporation (LMT)
Last lockheed martin corporation earnings: 4/21 07:30 am
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US:NYSE Investor Relations:
phx.corporate-ir.net/phoenix.zhtml?c=83941&p=irol-irhome
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Source: Yahoo! Finance
April 23 (Reuters) - U.S. weapons maker Lockheed Martin beat Wall Street expectations for first-quarter sales and profit on Tuesday, as simmering geopolitical tensions prompted some countries to boost their defense spending, driving demand for new weapons. Shares of the company, which is considered a bellwether for the arms sector, rose nearly 2% in premarket trading. Sales in Lockheed's 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 the company's aeronautics business, its biggest unit and which 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," CEO Jim Taiclet said in a statement. It had forecast full-year net sales of $68.5
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- Top 20 States Where the US Military Spends the Most Money [Yahoo! Finance]Yahoo! Finance
- Missile defence successes in Gulf, Ukraine fuel global urgency to acquire systems [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Missile defence successes in Gulf, Ukraine fuel global urgency to acquire systems [Reuters]Reuters
- Lockheed Martin Declares Second Quarter 2024 Dividend and Announces Election of Thomas Falk as Independent Lead Director of the Board [Yahoo! Finance]Yahoo! Finance
LMT
Earnings
- 4/23/24 - Beat
LMT
Sec Filings
- 5/3/24 - Form 8-K
- 4/29/24 - Form 4
- 4/23/24 - Form 10-Q
- LMT's page on the SEC website