LMT - Earnings announcements

Orion capsule successfully completes historic mission around the moonLockheed Martin and Department of War sign multiyear framework agreements to increase munitions productionSales of $18.0 billionNet earnings of $1.5 billion, or $6.44 per shareCash from operations of $220 million and free cash flow of $(291) millionReaffirms 2026 financial outlookBETHESDA, Md., April 23, 2026 /PRNewswire/ -- Lockheed Martin Corporation [NYSE: LMT] today reported first quarter 2026 sales of $18.0 billion, compared to $18.0 billion in the first quarter of 2025. Net earnings in the first quarter of 2026 were $1.5 billion, or $6.44 per share, compared to $1.7 billion, or $7.28 per share, in the first quarter of

BETHESDA, Md., April 1, 2026 /PRNewswire/ -- Lockheed Martin (NYSE:LMT) will webcast live its first-quarter 2026 earnings results conference call (listen-only mode) on Thursday, April 23, 2026, at 8:30 a.m. ET. Jim Taiclet, chairman, president and CEO; Evan Scott, chief financial officer; and Mark Kvasnak, vice president, Investor Relations, will discuss first-quarter 2026 earnings results, provide updates on key topics and answer questions. First-quarter 2026 earnings results will be published prior to the market opening on April 23. The live webcast will be available at www.lo

2025 sales increased 6% to $75.0 billionNet earnings of $5.0 billion, or $21.49 per share, in 2025, including a pension settlement charge of $479 million ($377 million, or $1.63 per share, after-tax)Cash from operations of $8.6 billion and free cash flow of $6.9 billion in 2025 after a pension contribution of $860 million fulfilling 2026 obligationRecord backlog of $194 billion at end of 20252026 financial outlook providedBETHESDA, Md., Jan. 29, 2026 /PRNewswire/ -- Lockheed Martin Corporation [NYSE: LMT] today reported fourth quarter 2025 sales of $20.3 billion, compared to $18.6 billion in the fourth quarter of 2024. Net earnings in the fourth quarter of 2025 were $1.3 billion, or $5.80 pe

BETHESDA, Md., Jan. 5, 2026 /PRNewswire/ -- Lockheed Martin (NYSE:LMT) will webcast live its fourth-quarter and full-year 2025 earnings results conference call (listen-only mode) on Thursday, Jan. 29, 2026, at 8:30 a.m. ET. Jim Taiclet, chairman, president and CEO; Evan Scott, chief financial officer; and Maria Ricciardone, vice president, Treasurer and Investor Relations, will discuss fourth-quarter and full-year 2025 results, provide updates on key topics and answer questions. Fourth-quarter and full-year 2025 results will be published prior to the market opening on Jan. 29.

Sales of $18.6 billionNet earnings of $1.6 billion, or $6.95 per shareCash from operations of $3.7 billion and free cash flow of $3.3 billionReturned $1.8 billion of cash to shareholders through dividends and share repurchasesIncreased share repurchase authority by $2 billion to a total authorization of $9 billionIncreased quarterly dividend by 5% to $3.45 per shareRecord backlog of $179 billionUpdates 2025 outlookBETHESDA, Md., Oct. 21, 2025 /PRNewswire/ -- Lockheed Martin Corporation (NYSE:LMT) today reported third quarter 2025 sales of $18.6 billion, compared to $17.1 billion in the third quarter of 2024. Net earnings in the third quarter of 2025 were $1.6 billion, or $6.95 per share, com

BETHESDA, Md., Oct. 1, 2025 /PRNewswire/ -- Lockheed Martin (NYSE:LMT) will webcast live its third quarter 2025 earnings results conference call (listen-only mode) on Tuesday, Oct. 21, 2025, at 11 a.m. ET. Jim Taiclet, chairman, president and CEO; Evan Scott, chief financial officer; and Maria Ricciardone, vice president, Treasurer and Investor Relations, will discuss third quarter 2025 results, provide updates on key topics and answer questions. Third quarter 2025 results will be published prior to the market opening on Oct. 21. The live webcast will be available at www.lockh

Sales of $18.2 billionRecorded pre-tax losses on programs of $1.6 billion and other charges of $169 million, which impacted earnings per share by $5.83Net earnings of $342 million, or $1.46 per share, including impacts of program losses and other chargesCash from operations of $201 million and free cash flow of $(150) millionReturned $1.3 billion of cash to shareholders through dividends and share repurchasesReaffirming 2025 guidance for sales and free cash flowBETHESDA, Md., July 22, 2025 /PRNewswire/ -- Lockheed Martin Corporation (NYSE:LMT) today reported second quarter 2025 sales of $18.2 billion, compared to $18.1 billion in the second quarter of 2024. Net earnings in the second quarter

BETHESDA, Md., July 1, 2025 /PRNewswire/ -- Lockheed Martin (NYSE:LMT) will webcast live its second quarter 2025 earnings results conference call (listen-only mode) on Tuesday, July 22, 2025, at 11 a.m. ET. James Taiclet, chairman, president and CEO; Evan Scott, chief financial officer; and Maria Ricciardone, vice president, Treasurer and Investor Relations, will discuss second quarter 2025 results, provide updates on key topics and answer questions. Second quarter 2025 results will be published prior to the market opening on July 22. The live webcast will be available at www.

Amentum (NYSE:AMTM) today announced it has entered into a definitive agreement to sell its hardware and product business, Rapid Solutions, to Lockheed Martin (NYSE:LMT) for $360 million in cash. The transaction, which is subject to customary regulatory approvals and closing conditions, will advance Amentum's strategy as a pure-play provider of technology-enabled solutions and accelerates its debt reduction objectives. "The divestiture of Rapid Solutions sharpens Amentum's focus on mission critical services and reinforces our position as a global pure-play provider of advanced engineering and technology-enabled solutions." said Adam Harrison, Senior Vice President of Strategy and Corporate

Sales increased 4% to $18.0 billionNet earnings of $1.7 billion, or $7.28 per shareCash from operations of $1.4 billion and free cash flow of $955 millionReturned $1.5 billion of cash to shareholders through dividends and share repurchasesReaffirms 2025 financial outlookBETHESDA, Md., April 22, 2025 /PRNewswire/ -- Lockheed Martin Corporation (NYSE:LMT) today reported first quarter 2025 sales of $18.0 billion, compared to $17.2 billion in the first quarter of 2024. Net earnings in the first quarter of 2025 were $1.7 billion, or $7.28 per share, compared to $1.5 billion, or $6.39 per share, in the first quarter of 2024. Cash from operations was $1.4 billion in the first quarter of 2025, compa

BETHESDA, Md., April 1, 2025 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) will webcast live its first quarter 2025 earnings results conference call (listen-only mode) on Tuesday, April 22, 2025, at 11 a.m. ET.  James Taiclet, chairman, president and CEO; Jay Malave, chief financial officer; and Maria Ricciardone, vice president, Treasurer and Investor Relations, will discuss first quarter 2025 results, provide updates on key topics and answer questions.  First quarter 2025 results will be published prior to the market opening on April 22. The live webcast will be available at w

2024 net sales increased 5% to $71.0 billionRecorded pre-tax losses of $1.7 billion and $2.0 billion associated with classified programs in the fourth quarter and full year, which impacted earnings per share by $5.45 and $6.16Earnings per share of $2.22 in the fourth quarter and $22.31 in 2024, including impact of classified programs lossesCash from operations of $7.0 billion and free cash flow of $5.3 billion in 2024 after a pension contribution of $990 millionReturned $6.8 billion of cash to shareholders through dividends and share repurchases in 2024Record backlog of $176.0 billion at end of 20242025 financial outlook providedBETHESDA, Md., Jan. 28, 2025 /PRNewswire/ -- Lockheed Martin Co

BETHESDA, Md., Jan. 2, 2025 /PRNewswire/ -- Lockheed Martin (NYSE:LMT) will webcast live its fourth quarter and full year 2024 earnings results conference call (listen-only mode) on Tuesday, Jan. 28, 2025 at 11 a.m. ET.  James Taiclet, chairman, president and chief executive officer; Jay Malave, chief financial officer; and Maria Ricciardone, vice president, Treasurer and Investor Relations, will discuss fourth quarter and full year 2024 results, provide updates on key topics and answer questions. Fourth quarter and full year 2024 results will be published prior to the market opening on Jan. 28.

Net sales of $17.1 billion, an increase of 1% year over yearNet earnings of $1.6 billion, or $6.80 per shareCash from operations of $2.4 billion and free cash flow of $2.1 billion$1.6 billion of cash returned to shareholders through dividends and share repurchases Increased share repurchase authority by $3.0 billion to a total authorization of $10.3 billionIncreased quarterly dividend 5% to $3.30 per share2024 financial outlook increasedBETHESDA, Md., Oct. 22, 2024 /PRNewswire/ -- Lockheed Martin Corporation (NYSE:LMT) today reported third quarter 2024 net sales of $17.1 billion, compared to $16.9 billion in the third quarter of 2023. Net earnings in the third quarter of 2024 were $1.6 billi

BETHESDA, Md., Oct. 1, 2024 /PRNewswire/ -- Lockheed Martin (NYSE:LMT) will webcast live its third quarter 2024 earnings results conference call (listen-only mode) on Tuesday, October 23, 2024 at 11 a.m. ET.  James Taiclet, chairman, president and chief executive officer; Jay Malave, chief financial officer; and Maria Ricciardone, vice president, Treasurer and Investor Relations, will discuss third quarter 2024 results, provide updates on key topics and answer questions. Third quarter 2024 results will be published prior to the market opening on October 22. The live webcast wi

Net sales of $18.1 billion, an increase of 9% year over yearNet earnings of $1.6 billion, or $6.85 per share, inclusive of net non-operational charges of $79 million ($63 million, or $0.26 per share, after-tax)Cash from operations of $1.9 billion and free cash flow of $1.5 billion$1.6 billion of cash returned to shareholders through dividends and share repurchases 2024 outlook increased for sales, segment operating profit and earnings per shareBETHESDA, Md., July 23, 2024 /PRNewswire/ -- Lockheed Martin Corporation (NYSE:LMT) today reported second quarter 2024 net sales of $18.1 billion, compared to $16.7 billion in the second quarter of 2023. Net earnings in the second quarter of 2024 were

BETHESDA, Md., July 1, 2024 /PRNewswire/ -- Lockheed Martin (NYSE:LMT) will webcast live its second quarter 2024 earnings results conference call (listen-only mode) on Tuesday, July 23, 2024 at 11 a.m. ET. James Taiclet, chairman, president and chief executive officer; Jay Malave, chief financial officer; and Maria Ricciardone, vice president, Treasurer and Investor Relations, will discuss second quarter 2024 results, provide updates on key topics and answer questions.  Second quarter 2024 results will be published prior to the market opening on July 23. The live webcast will

Net sales of $17.2 billionNet earnings of $1.5 billion, or $6.39 per shareCash from operations of $1.6 billion and free cash flow of $1.3 billion$1.8 billion of cash returned to shareholders through dividends and share repurchases Reaffirms 2024 financial outlookBETHESDA, Md., April 23, 2024 /PRNewswire/ -- Lockheed Martin Corporation [NYSE: LMT] today reported first quarter 2024 net sales of $17.2 billion, compared to $15.1 billion in the first quarter of 2023. Net earnings in the first quarter of 2024 were $1.5 billion, or $6.39 per share, compared to $1.7 billion or $6.61 per share, in the first quarter of 2023. Cash from operations was $1.6 billion in both the first quarters of 2024 and

BETHESDA, Md., April 1, 2024 /PRNewswire/ -- Lockheed Martin (NYSE:LMT) will webcast live its first quarter 2024 earnings results conference call (listen-only mode) on Tuesday, April 23, 2024 at 11 a.m. ET. James Taiclet, chairman, president and chief executive officer; Jay Malave, chief financial officer; and Maria Ricciardone, vice president, Treasurer and Investor Relations, will discuss first quarter 2024 results, provide updates on key topics and answer questions. First quarter 2024 results will be published prior to the market opening on April 23. The live webcast will b

Net sales of $18.9 billion in the fourth quarter and $67.6 billion in 2023Net earnings of $1.9 billion, or $7.58 per share in the fourth quarter; $6.9 billion, or $27.55 per share in 2023Cash from operations of $2.4 billion and free cash flow of $1.7 billion in the fourth quarter; cash from operations of $7.9 billion and free cash flow of $6.2 billion in 2023$3.8 billion of cash returned to shareholders through dividends and share repurchases in the fourth quarter, and $9.1 billion in 2023Record backlog of $160.6 billion2024 financial outlook providedBETHESDA, Md., Jan. 23, 2024 /PRNewswire/ -- Lockheed Martin Corporation (NYSE:LMT) today reported fourth quarter 2023 net sales of $18.9 billi

BETHESDA, Md., Jan. 16, 2024 /PRNewswire/ -- Lockheed Martin (NYSE:LMT) will webcast live its fourth quarter and full year 2023 earnings results conference call (listen-only mode) on Tuesday, Jan. 23, 2024 at 11 a.m. ET.  James Taiclet, chairman, president and chief executive officer; Jay Malave, chief financial officer; and Maria Ricciardone, vice president, Treasurer and Investor Relations, will discuss fourth quarter and full year 2023 results, provide updates on key topics and answer questions. Fourth quarter and full year 2023 results will be published prior to the market opening on Jan. 23.

BETHESDA, Md., Oct. 10, 2023 /PRNewswire/ -- Lockheed Martin (NYSE:LMT) will webcast live its third quarter 2023 earnings results conference call (listen-only mode) on Tuesday, Oct.17, 2023 at 11 a.m. ET. James Taiclet, chairman, president and chief executive officer; Jay Malave, chief financial officer; and Maria Ricciardone Lee, vice president of investor relations, will discuss third quarter 2023 results, provide updates on key topics and answer questions. Third quarter 2023 results will be published prior to the market opening on Oct. 17. The live webcast will be available

Net sales of $16.7 billion, an increase of 8% year-over-yearNet earnings of $1.7 billion, or $6.63 per shareCash from operations of $1.1 billion and free cash flow of $0.8 billion$1.5 billion of cash returned to shareholders through dividends and share repurchasesRecord backlog of $158.0 billion2023 outlook increased for sales, segment operating profit and earnings per shareBETHESDA, Md., July 18, 2023 /PRNewswire/ -- Lockheed Martin Corporation [NYSE: LMT] today reported second quarter 2023 net sales of $16.7 billion, compared to $15.4 billion in the second quarter of 2022. Net earnings in the second quarter of 2023 were $1.7 billion, or $6.63 per share, compared to $309 million, or $1.16 p

BETHESDA, Md., July 11, 2023 /PRNewswire/ -- Lockheed Martin (NYSE:LMT) will webcast live its second quarter 2023 earnings results conference call (listen-only mode) on Tuesday, July 18, 2023 at 11 a.m. ET.  James Taiclet, chairman, president and chief executive officer; Jay Malave, chief financial officer; and Maria Ricciardone Lee, vice president of investor relations, will discuss second quarter 2023 results, provide updates on key topics and answer questions. Second quarter 2023 results will be published prior to the market opening on July 18. The live webcast will be avai

Net sales of $15.1 billion Net earnings of $1.7 billion, or $6.61 per share, inclusive of non-operational gains of $44 million, or $0.18 per shareCash from operations of $1.6 billion and free cash flow of $1.3 billionReturned $1.3 billion of cash to shareholders through dividends and share repurchasesReaffirms 2023 financial outlookBETHESDA, Md., April 18, 2023 /PRNewswire/ -- Lockheed Martin Corporation (NYSE:LMT) today reported first quarter 2023 net sales of $15.1 billion, compared to $15.0 billion in the first quarter of 2022. Net earnings in the first quarter of 2023 were $1.7 billion, or $6.61 per share, compared to $1.7 billion, or $6.44 per share, in the first quarter of 2022. Cash f

BETHESDA, Md., April 11, 2023 /PRNewswire/ -- Lockheed Martin (NYSE:LMT) will webcast live its first quarter 2023 earnings results conference call (listen-only mode) on Tuesday, April 18, 2023, at 11 a.m. ET. James Taiclet, chairman, president and chief executive officer; Jay Malave, chief financial officer; and Maria Ricciardone Lee, vice president of investor relations, will discuss first quarter 2023 results, provide updates on key topics and answer questions. First quarter 2023 results will be published prior to the market opening on April 18. The live webcast will be avai

Net sales of $19.0 billion in the fourth quarter and $66.0 billion in 2022Net earnings of $1.9 billion, or $7.40 per share, inclusive of non-operational charges of $129 million ($101 million, or $0.39 per share, after-tax) in the fourth quarterNet earnings of $5.7 billion, or $21.66 per share, inclusive of non-operational charges of $1.9 billion ($1.5 billion, or $5.57 per share, after-tax) in 2022Cash from operations of $1.9 billion in the fourth quarter and $7.8 billion in 2022; free cash flow of $1.2 billion in the fourth quarter and $6.1 billion in 2022Returned $5.0 billion of cash to shareholders through share repurchases and dividends in the fourth quarter, and $10.9 billion in 2022Inc

BETHESDA, Md., Jan. 17, 2023 /PRNewswire/ -- Lockheed Martin (NYSE:LMT) will webcast live its fourth quarter and full year 2022 earnings results conference call (listen-only mode) on Tuesday, Jan. 24, 2023 at 11 a.m. ET.  James Taiclet, chairman, president and chief executive officer; Jay Malave, chief financial officer; and Maria Ricciardone Lee, vice president of investor relations, will discuss fourth quarter and full year 2022 financial results, provide updates on key topics and answer questions.  Fourth quarter and full year 2022 results will be published prior to the market opening on Jan. 24.

Net sales of $16.6 billion and net earnings of $1.8 billion, or $6.71 per shareCash from operations of $3.1 billion and free cash flow of $2.7 billionReturned $2.1 billion of cash to shareholders through share repurchases and dividendsIncreased share repurchase authority by $14.0 billionIncreased quarterly dividend rate 7% to $3.00 per shareIncreased backlog to $140 billionReaffirms 2022 financial outlookBETHESDA, Md., Oct. 18, 2022 /PRNewswire/ -- Lockheed Martin Corporation (NYSE:LMT) today reported third quarter 2022 net sales of $16.6 billion, compared to $16.0 billion in the third quarter of 2021. Net earnings in the third quarter of 2022 were $1.8 billion, or $6.71 per share, compared

Net sales of $15.4 billionNet earnings of $309 million, or $1.16 per share, inclusive of non-operational charges of $1.7 billion ($1.4 billion, or $5.16 per share, after-tax)Cash from operations of $1.3 billion and free cash flow of $1.0 billionReturned $1.1 billion of cash to shareholders through share repurchases and dividends Updates 2022 outlook for sales and earnings per share; maintains 2022 outlook for segment operating profit, cash from operations, and free cash flowBETHESDA, Md., July 19, 2022 /PRNewswire/ -- Lockheed Martin Corporation (NYSE:LMT) today reported second quarter 2022 net sales of $15.4 billion, compared to $17.0 billion in the second quarter of 2021. Net earnings in t

Net sales of $15.0 billion Net earnings of $1.7 billion, or $6.44 per share Cash from operations of $1.4 billion and free cash flow of $1.1 billion Returned $2.8 billion of cash to shareholders through share repurchases and dividends Reaffirms 2022 financial outlook BETHESDA, Md., April 19, 2022 /PRNewswire/ -- Lockheed Martin Corporation (NYSE:LMT) today reported first quarter 2022 net sales of $15.0 billion, compared to $16.3 billion in the first quarter of 2021. Net earnings in the first quarter of 2022 were $1.7 billion, or $6.44 per share, compared to $1.8 billion, or $6.56 per share, in the first quarter of 2021. Cash from operations was $1.4 billion in the first quarter of 2022, comp

BETHESDA, Md., Jan. 25, 2022 /PRNewswire/ -- Lockheed Martin Corporation (NYSE:LMT) today reported fourth quarter 2021 net sales of $17.7 billion, compared to $17.0 billion in the fourth quarter of 2020. Net earnings from continuing operations in the fourth quarter of 2021 were $2.0 billion, or $7.47 per share, compared to $1.8 billion, or $6.38 per share, in the fourth quarter of 2020. Cash from operations was $4.3 billion in the fourth quarter of 2021, compared to $1.8 billion in the fourth quarter of 2020. Cash from operations in the fourth quarter of 2020 was after $1.0 billion of discretionary pension contributions.

BETHESDA, Md., Oct. 26, 2021 /PRNewswire/ -- Lockheed Martin Corporation (NYSE:LMT) today reported third quarter 2021 net sales of $16.0 billion, compared to $16.5 billion in the third quarter of 2020. Net earnings from continuing operations in the third quarter of 2021 were $614 million, or $2.21 per share, compared to $1.8 billion, or $6.25 per share, in the third quarter of 2020. Cash from operations was $1.9 billion in the third quarter of 2021 and 2020. "During the third quarter, the men and women of Lockheed Martin continued to deliver essential products and capabilities

BETHESDA, Md., July 26, 2021 /PRNewswire/ -- Lockheed Martin Corporation (NYSE:LMT) today reported second quarter 2021 net sales of $17.0 billion, compared to $16.2 billion in the second quarter of 2020. Net earnings in the second quarter of 2021 were $1.8 billion, or $6.52 per share, compared to $1.6 billion, or $5.79 per share, in the second quarter of 2020. Second quarter 2021 net earnings include a loss of $225 million ($169 million, or $0.61 per share, after tax), recorded at Aeronautics, related to performance issues experienced on a classified program. Net earnings for the second quarter 2020 include a noncash impairment charge of $128 million ($96 million, or $0.34 per share, after t