Lockheed Martin Posts Better-Than-Expected Q2 Results

Matthew Fulco July 18, 2023
F-35

F-35A

Credit: Mark Wagner/Aviation Images
Lockheed Martin beat Wall Street analysts’ forecasts in the second quarter as sales rose 8% year-on-year to $16.7 billion amid a record backlog of $158 billion. With a net profit of $1.7 billion, Lockheed posted earnings per share of $6.63, up sharply from $1.16 a share in the second quarter of 2022...
Matthew Fulco

Matthew Fulco is Business Editor for Aviation Week, focusing on commercial aerospace and defense.

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