Business

Lockheed Martin Surges Ahead: Q1 2025 Net Sales Leap to $18 Billion, Marking a 4.7% Increase

Lockheed Martin Reports Strong Q1 2025 Financial Performance

Lockheed Martin Corporation announced a notable 4.7% increase in its first-quarter net sales for 2025, reaching $18 billion. This growth reflects the company's robust position in the arms industry, with net earnings climbing 13.3% to $1.7 billion and diluted earnings per share (EPS) rising to $7.28, up from $6.39 in the previous year.

CEO's Confidence in Future Growth

Jim Taiclet, CEO of Lockheed Martin, expressed optimism about the company's trajectory, stating, "These solid first quarter results reinforce confidence in our ability to achieve the full year 2025 financial guidance." He highlighted the company's resilience and adaptability in a rapidly changing geopolitical and technical landscape.

Outlook and Market Response

The company projects full-year sales to be between $73.75 and $74.75 billion. Following the announcement, Lockheed Martin's shares saw a 2.98% increase in premarket trading, reaching $472 by 7:40 am ET.