Lockheed Martin sales jump 11% to $20.1 billion
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- Lockheed Martin reported second-quarter sales of $20.1 billion, up 11%, with diluted EPS reaching $7.94.
- Lockheed Martin shares rose 6.1% to $545.76 in premarket trading following the results.
- The company raised its 2026 outlook after receiving $65 billion in orders and building a record $230 billion backlog.
Lockheed Martin (NYSE:LMT) reported second-quarter sales of $20.1 billion, up 11%, with net earnings of $1.8 billion and EPS of $7.94.
Sales exceeded the $19.3 billion analyst estimate, while prior-year EPS was $1.46 after significant program charges.
Business segment operating profit reached $2.2 billion, while $65 billion in new orders lifted backlog to a record $230 billion.
Following the announcement, Lockheed Martin's share price was up 6.1% at $545.76 in premarket trading.
A $35 billion THAAD agreement supported backlog, while Missiles and Fire Control sales increased 19% to $4.10 billion.
Lockheed Martin said it now expects 2026 sales of $79.75 billion–$81.75 billion and diluted EPS of $29.95–$30.65.
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