The company said net sales for Q2 2024 were $18.1 billion, up 9% from $16.7 billion a year earlier, and net earnings were $1.6 billion ($6.85 per share) compared with $1.7 billion ($6.63 per share).

1. 01

   The company said net sales for Q2 2024 were $18.1 billion, up 9% from $16.7 billion a year earlier, and net earnings were $1.6 billion ($6.85 per share) compared with $1.7 billion ($6.63 per share).

2. 02

   Lockheed Martin said net earnings for Q2 included net non-operational charges of $79 million ($63 million after tax, or $0.26 per share), and that impairment and severance charges of $87 million ($69 million after tax) at its RMS segment were part of that amount.

3. 03

   The company said cash from operations for Q2 was $1.9 billion (versus $1.1 billion a year earlier) and free cash flow was $1.5 billion (versus $771 million a year earlier). It cited improved working capital and the timing of federal tax payments as the main drivers of the increase.

4. 04

   The company said it raised its full-year 2024 net sales outlook to $70,500 to $71,500 million from $68,500 to $70,000 million as of April 2024, and its diluted earnings per share outlook to $26.10 to $26.60 from $25.65 to $26.35.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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