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Lockheed Martin's 12.5% operating margin came in about 60 basis points ahead of expectations, and free cash flow of $2.1 billion was well ahead of Wall Street's $1.3 billion forecast.
While the recent rise in the stock price is justified given some derisking on the F-35, a solid margin performance in the second quarter, and the guidance hike (previous guidance called for $7.175 ...
Recent second quarter results from Lockheed Martin (LMT) were generally positive. Earnings per share increased by 23.5% to $4.05, with all four of its main divisions recording profit growth.
Good news and bad news. The good news is that losing a nozzle only decreased the rocket's efficiency. The fuel still burned. It still got pushed out in the right direction (i.e., down).
Image source: The Motley Fool. Lockheed Martin (NYSE: LMT) Q4 2024 Earnings Call Jan 28, 2025, 11:00 a.m. ET. Contents: Prepared Remarks. Questions and Answers. Call Participants
Skunk Works logo. Skunk Works is an official pseudonym for Lockheed Martin's Advanced Development Programs (ADP), formerly called Lockheed Advanced Development Projects. It is responsible for a number of aircraft designs, highly classified research and development programs, and exotic aircraft platforms.
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The Lockheed Martin Corporation is an American defense and ... this was the largest fighter aircraft procurement project since the F-16, with an initial order of ...