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2 clusters · 7 sources · 3 days · First seen · Last updated

Lockheed Martin financial performance and growth

Overview

Lockheed Martin has demonstrated significant financial growth and increased shareholder returns throughout late 2026. In October, the company authorized a fourth-quarter dividend of $3.60 per share, marking its 24th consecutive year of annual dividend hikes.

This dividend increase followed strong second-quarter performance, where the company reported $20.1 billion in sales and a total backlog of $230.4 billion. By the third quarter, Lockheed Martin reported consolidated sales of approximately $20.7 billion and a 15% year-over-year increase in profits, with earnings per share of $7.97 exceeding Wall Street estimates.

Growth has been driven by high demand in the missiles and fire control segment, as well as a new framework agreement with the U.S. Department of Defense for the F-35 fighter jet program. This agreement involves the delivery of 850 aircraft over ten years. Consequently, the company’s total backlog reached a record $292 billion, prompting an upward revision of its full-year 2026 earnings guidance.

Entities

Lockheed Martin · U.S. Department of Defense

Timeline

  1. [BUSINESS] 5 sources
    Lockheed Martin reports record backlog and Q3 earnings beat

    Lockheed Martin exceeded Q3 estimates with $20.7 billion in sales and a record $292 billion order backlog, bolstered by a major F-35 fighter jet agreement with the U.S. Department of Defense.

  2. [BUSINESS] 2 sources
    Lockheed Martin increases dividend for 24th consecutive year

    Lockheed Martin has raised its quarterly dividend to $3.60 per share, marking 24 straight years of increases amid a record $230.4 billion backlog.

Sources

alphabetastock.com · amazon.nl · bitfinanzas.com · dantri.com.vn · diarioestrategia.cl · news.alphastreet.com · theascent.com