Lockheed Martin's Financial Triumph in Q1 2025

Lockheed Martin Corporation announced a significant financial achievement on Tuesday, with its net sales climbing to $18 billion in the first quarter of 2025. This marks a 4.7% increase compared to the previous year's same period.

Earnings and Share Performance

The defense giant also reported a 13.3% annual rise in net earnings, reaching $1.7 billion. Furthermore, diluted earnings per share (EPS) experienced a 13.9% increase, jumping to $7.28 from $6.39 in 2024.

Leadership's Confidence in Future Growth

"Our solid first quarter results bolster our confidence in meeting the 2025 financial goals we set in January," stated Jim Taiclet, CEO of Lockheed Martin. He emphasized the company's resilience and adaptability in a rapidly changing geopolitical and technological landscape.

Outlook for the Year

Looking ahead, Lockheed Martin anticipates full-year sales to range between $73.75 and $74.75 billion. Following the announcement, the company's shares saw a 2.98% increase in premarket trading, priced at $472 by 7:40 am ET.