Wednesday, April 24, 2019

Lockheed Martin's first-quarter earnings swell

The first quarter of 2019 struck a welcome note for Lockheed Martin Corp. The Bethesda defense contractor reported $14.3 billion in net sales for the quarter Tuesday — a 23 percent gain over its first-quarter earnings from the prior year, backed by strong returns in both its contract backlog and sales of its missiles and fire control systems. “These strong results in sales and earnings and our focus on maximizing cash returns also allowed us to increase our full year outlook for cash from operations,”…



from https://www.bizjournals.com/baltimore/news/2019/04/24/lockheed-martins-first-quarter-earnings-swell.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/184412816377

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