Lockheed Martin Raises Full-Year Sales Forecast as $65 Billion in Orders Boosts Backlog to Record $230 Billion
Lockheed Martin raises its full-year sales and profit guidance after reporting stronger-than-expected second-quarter earnings, driven by $65 billion in new orders that pushed the company’s backlog to a record $230 billion.
The defense contractor reported revenue of $20.06 billion, or $7.94 per share, beating analyst estimates on both metrics. The updated fiscal-year forecast projects $79.75 billion to $81.75 billion in sales, reflecting higher order intake and steady demand across its defense and aerospace divisions.
From the sources (12 posts)
@financialjuice$LMT Lockheed Martin Q2 Earnings EPS $7.94 vs. $1.46 y/y Rev. $20.06B, est. $19.33B Aeronautics net sales $8.11B, est. $7.6B Oper profit $2.48B, est. $2.33B
@stockmktnewzLOCKHEED MARTIN $LMT JUST REPORTED EARNINGS EPS of $7.94 beating expectations of $7.09🟢 Revenue of $20.1B beating expectations of $19.3B🟢
@wallstengineLOCKHEED MARTIN $LMT Q2’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $20.06B (Est. $19.37B) 🟢; +11% YoY 🔹 EPS: $7.94 (Est. $7.23) 🟢 🔸 New Orders: $65B 🔸 Backlog: Record $230B; +38% YoY; includes a $35B multi-year contract to produce THAAD interceptor
@firstsquawkLockheed Martin Q2 2026 Earnings -EPS $7.94 VS. $1.46 Y/Y -Net Sales $20.06B (est $19.33B) -Backlog $230.42B, +38% Y/Y -Aeronautics Net Sales $8.11B (est $7.68) -Oper Profit $2.48B (est $2.33B) -F-35 Deliveries 19 -Sees FY EPS $29.95
@natsecledger"We delivered strong second‑quarter performance, with over $20 billion in sales – a year‑over‑year increase of 11%..and $65 billion of new orders, which takes our backlog to a record $230 billion. We now anticipate accelerated year‑over‑yea
@alphasenseinc$LMT Earnings: - Sales increase of 11% to $20.1 billion - Net earnings of $1.8 billion, or $7.94 per share - Cash from operations of $3.2 billion and free cash flow of $2.9 billion "We delivered strong second‑quarter performance, with ove
@thetranscript_Lockheed Martin CEO: "We delivered strong Q2 performance, with over $20B in sales (+11% YY/) – FCF of $2.9B & $65B of new orders, which takes our backlog to a record $230 B. This continued performance reflects more than just increased c
@fiscal_aiLockheed Martin added $41 billion in new Missile Orders this quarter. Up 118% YoY. $LMT
@cameron19460429RT @NatSecLedger: "We delivered strong second‑quarter performance, with over $20 billion in sales – a year‑over‑year increase of 11%..and $…
@businessLockheed Martin shares jumped in pre-market trading after the company raised its full year sales forecast, as geopolitical tensions around the world boost defense spending
@endgameww3War is good for business... Lockheed predicting 'higher than historic' margins in missiles due to framework deals
@thetranscript_Lockheed Martin CEO: "Lockheed Martin's Q2 results were strong. Our backlog reached a new all-time high, now $230 billion. We generated nearly $3 billion in free cash flow. We accelerated our revenue growth and turned in higher earnings per