Lockheed Martin Stock Is Rising
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Lockheed Martin’s (NYSE:LMT) multi-year growth outlook is facing serious headwinds following a wave of unexpected charges and operational setbacks, prompting Truist Securities to downgrade the defense giant from Buy to Hold.
Lockheed Martin Corp. reported second-quarter earnings that fell short of analyst estimates and lowered its outlook as the world’s largest defense contractor racked up charges on several programs.
Lockheed Martin reported disappointing Q2 2025 results, missing earnings estimates due to $1.6 billion in program losses and other charges.
Lockheed Martin faces program losses impacting Q2 earnings, yet long-term prospects remain strong with a solid backlog. See here for more on LMT stock.
Lockheed Martin stock tumbled Tuesday as the defense contractor announced $1.6 billion in program losses and slashed its full-year profit forecast.
Lockheed Martin (NYSE: LMT) — one of 30 companies listed in Executive Mosaic’s GovCon Index and an S&P 500 stock — lifted its profit and revenue outlooks for 2016 despite a year-over ...