Lockheed Martin Posts $1.8B Third-Quarter Net Income
LMT sits 27% above its 52-week low of $437.25.
Summary
Lockheed Martin reported third-quarter net income of $1.8 billion, essentially flat versus the $1.84 billion posted in Q2 2026, on sales of $20.7 billion and EPS of $7.97. Business segment operating profit came in at $2.23 billion, and backlog stood at $291.98 billion. Within the segments, Aeronautics sales were $8.21 billion and Missiles and Fire Control sales were $4.5 billion. For scale, Q2 came in at $20.1 billion of sales with backlog of $230.4 billion. This lands the same morning as the F-35 production and sustainment agreement covering 850 jets over the next decade, which is the larger story for the defense franchise.
At the time of this announcement, LMT was trading at $555.00 on NYSE in the Manufacturing sector, with a market capitalization of approximately $127.3B. The 52-week trading range was $437.25 to $692.00. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.