Form 10-Q · Quarterly report

Lockheed Martin 10-Q, filed Jul 23, 2026

Filed
CIK
0000936468
Accession no.
0001628280-26-049411
AI-generated summary

Summary

Lockheed Martin reported sales of $20.1 billion and net earnings of $1.8 billion, or $7.94 per diluted share, for the quarter ended June 28, 2026, with first-half sales of $38.1 billion and net earnings of $3.3 billion. It said 70% of first-half sales came from the U.S. Government, including 61% from the Department of War/Defense, and cited defense budget authorizations, tariffs, and rare earth mineral supply concerns as factors affecting its business.

Key points

  • Lockheed Martin's quarterly sales for the period ended June 28, 2026 were $20.063 billion, with net earnings of $1.836 billion, or $7.94 per diluted share.
  • Six-month sales were $38.084 billion and net earnings were $3.324 billion, or $14.38 per diluted share.
  • 70% of first-half sales came from the U.S. Government, including 61% from the Department of War (Department of Defense), and 30% from international customers.
  • The FY2027 defense topline request seeks $1.5 trillion, including $760 billion for weapons procurement and modernization, and emphasizes Golden Dome missile defense, shipbuilding, and increased F-35 purchases.

Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.

From the filing

ITEM 2. Management’s Discussion BUSINESS OVERVIEW We are a global aerospace and defense technology company that builds and sustains the solutions America and its allies need to deter conflict and advance national security and scientific exploration objectives. Our four business areas – Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space – work as one company offering integrated solutions, at scale, across all warfighting domains. Our defense, space, intelligence, homeland security, information technology, and cybersecurity capabilities serve U.S. and international customers in defense, civil and commercial applications. …

An excerpt of the text as filed with the SEC, cut for length.

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