Lockheed Martin, Q2
Digest more
Live Updates Live Coverage Has Ended Lockheed Down 6.4% 10:54 am by Eric Bleeker Lockheed shares are down 6.4% in morning trading. Extra salt in the wounds of Lockheed investors comes compliments of Northrop Grumman,
Lockheed Martin reported disappointing Q2 2025 results, missing earnings estimates due to $1.6 billion in program losses and other charges.
Results: The defence equipment maker's net profit tanked 80%, while revenue dropped to $18.16 billion, compared with an average expectation of $18.57 billion.
WASHINGTON] Lockheed Martin reported on Tuesday (Jul 22) that its second-quarter profit plunged by about 80 per cent, after the US defence giant recorded pre-tax losses of US$1.6 billion, mainly linked to a classified programme within its Aeronautics segment.
Despite significant charges and tax uncertainties, Lockheed Martin Corp (LMT) reaffirms its sales guidance and showcases strong shareholder returns and operational efficiency.