Lockheed Martin Company (NYSE: LMT) Tuesday reported a rise in gross sales and revenue for the primary quarter of 2025.
The aerospace firm reported internet gross sales of $18.0 billion for the primary three months of fiscal 2025, which is up 4% from the identical interval of 2024.
Internet earnings elevated to $1.71 billion or $7.28 per share within the March quarter from $1.55 billion or $6.39 per share within the prior-year quarter. The corporate returned $1.5 billion of money to shareholders via dividends and share repurchases in the course of the quarter.
“We stay dedicated to realizing our imaginative and prescient of digital and interoperable techniques and are aligning our mission roadmaps to finest help our clients’ quickly evolving safety wants, each home and world,” stated Lockheed Martin’s CEO Jim Taiclet.