Lockheed Martin (LMT) Tops Q2 EPS Views; Boosts FY16 Outlook

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Go back to Lockheed Martin (LMT) Tops Q2 EPS Views; Boosts FY16 Outlook

Lockheed Martin Reports Second Quarter 2016 Results

July 19, 2016 7:25 AM EDT

BETHESDA, Md., July 19, 2016 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) today reported second quarter 2016 net sales of $12.9 billion, compared to $11.6 billion in the second quarter of 2015. Net earnings in the second quarter of 2016 were $1.0 billion, or $3.32 per share, compared to $929 million, or $2.94 per share, in the second quarter of 2015. Cash from operations in the second quarter of 2016 was $1.5 billion, compared to $1.3 billion in the second quarter of 2015.

"The Corporation achieved exceptional operational and financial results in the second quarter," said... More

Lockheed Martin-Led Team Lays Keel on 17th Littoral Combat Ship

July 18, 2016 9:04 PM EDT

MARINETTE, Wis., July 18, 2016 /PRNewswire/ -- The Lockheed Martin (NYSE: LMT)-led industry team officially laid the keel for the U.S. Navy's 17th Littoral Combat Ship (LCS), the future USS Indianapolis, in a ceremony held at Fincantieri Marinette Marine in Marinette, Wisconsin.

Ship sponsor Mrs. Jill Donnelly, the wife of U.S. Senator Joe Donnelly,... More