Business

Lockheed Martin Surges Ahead: Q1 Net Sales Climb 4.7% to a Staggering $18 Billion

Lockheed Martin's Financial Triumph in Q1 2025

In a remarkable display of financial health, Lockheed Martin Corporation announced a 4.7% increase in net sales for the first quarter of 2025, reaching an impressive $18 billion. This growth is compared to the same period in the previous year, showcasing the company's robust performance amidst global challenges.

Earnings and Share Value on the Rise

The defense giant also reported a 13.3% annual increase in net earnings, totaling $1.7 billion. Furthermore, diluted earnings per share (EPS) saw a 13.9% rise to $7.28, up from $6.39 in 2024, signaling strong investor confidence.

Leadership's Confidence in Future Growth

"These solid first quarter results reinforce confidence in our ability to achieve the full year 2025 financial guidance we laid out in January," stated Jim Taiclet, CEO of Lockheed Martin. He highlighted the company's resilience and adaptability in a rapidly changing geopolitical and technological landscape.

Projected Sales and Market Response

Looking ahead, Lockheed Martin anticipates full-year sales to range between $73.75 and $74.75 billion. Following the earnings report, the company's shares experienced a 2.98% increase in premarket trading, reaching $472 by 7:40 am ET.