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Lockheed Martin reports higher 2025 earnings, record backlog and strong cash flow amid rising defense demand
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Lockheed Martin reports higher 2025 earnings, record backlog and strong cash flow amid rising defense demand
Fourth-quarter net earnings were $1.3 billion, or $5.80 per share, compared with $527 million, or $2.22 per share, in the prior-year period that included losses tied to classified programs. Cash from operations reached $8.6 billion for the full year, with free cash flow of $6.9 billion after an $860 million pension contribution that fulfilled a 2026 obligation. “With a record $194 billion backlog, 6% year-over-year sales growth, and free cas…
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