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Lockheed Martin Forecasts Upbeat 2026 Profit, Revenue Amid Rising Geopolitical Tensions

Lockheed Martin projects up to $80 billion revenue and $30.25 earnings per share in 2026 driven by record F-35 deliveries and a seven-year Patriot missile production deal.

Summary by WTVB
By Mike Stone and Aishwarya Jain Jan 29 (Reuters) – Lockheed Martin forecast 2026 profit and revenue above Wall Street estimates on Thursday, anticipating continued demand for its fighter jets and ‍weapons amid rising geopolitical uncertainty. Conflicts in the Middle East and a protracted Russia-Ukraine war have led to a surge in demand for arms, driving sales for defense contractors like Lockheed. Geopolitical tensions have also been further he…

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Lockheed Martin raised its revenue and profit forecasts for 2026 on Thursday, pointing to a sustained global demand for combat aircraft and advanced weapons systems, as conflicts in several regions drive greater military spending. The US defense contractor forecasts revenues for 2026 of between $77,500 and $80 billion, above the analysts’ expectations, and a profit per share of up to $30.25. The company also declared a quarterly income of $20.32…

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WTVB broke the news in on Thursday, January 29, 2026.
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