Lockheed Martin Cashes in on Global Defense Boom With Record Orders
LMT stock surges on strong Q2 beats, record $230B backlog, and boosted full-year outlook. Full Lockheed Martin earnings report inside.
Lockheed Martin, a big defense company, had great sales this quarter and customers are ordering way more stuff than expected—now worth $230 billion of future work. When a company has lots of orders lined up and beats what people thought it would do, that's usually a sign people trust the company to deliver good results.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.