Lockheed Martin Reports Third Quarter 2026 Financial Results

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  "company": {
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  "data": {
    "url": "https://www.prnewswire.com/news-releases/lockheed-martin-reports-third-quarter-2026-financial-results-302916797.html",
    "title": "Lockheed Martin Reports Third Quarter 2026 Financial Results",
    "excerpt": "BETHESDA, Md. , Oct. 22, 2026 /PRNewswire/ -- Lockheed Martin Corporation [NYSE: LMT ] today reported third quarter 2026 sales of $20.7 billion, compared to $18.6 billion in the third quarter of 2025. Net earnings in the third quarter of 2026 were $1.8 billion, or $7.97 per share, compared to $1.6 billion, or $6.95 per share. Cash from operations was $3.4 billion in the third quarter of 2026, compared to $3.7 billion in the third quarter of 2025. Free cash flow was $3.0 billion in the third quarter of 2026, compared to $3.3 billion in the third quarter of 2025. Backlog grew 27% since the second quarter of 2026, setting another new record at $292.0 billion. \"Our strong third quarter performance underscores Lockheed Martin's continuing leadership in the development and delivery of advanced and reliable defense technology solutions. Every day, our research, engineering and production teams are putting highly effective and scalable capabilities in the field. We strive to improve mission performance on a continuous basis by combining proven systems like Aegis, F-35, and Hellfire with the latest digital technologies including AI and Autonomy. We are doing this by integrating our internal innovative solutions with those of start-ups, new entrants into our industry, and commercial technology leaders.\" said Lockheed Martin Chairman, President and CEO Jim Taiclet. \"By pulling through...",
    "summary": "Lockheed Martin reported net earnings of $1.8 billion for the third quarter of 2026.",
    "location": "Bethesda, Maryland, United States",
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    "published_at": "2026-10-22T10:19:00Z",
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    "article_sentence": "Net earnings in the third quarter of 2026 were $1.8 billion, or $7.97 per share, compared to $1.6 billion, or $6.95 per share.",
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