Business

Lockheed Martin Surges Ahead: Q1 2025 Net Sales Climb 4.7% to $18 Billion Amidst Global Demand

Lockheed Martin Reports Strong Q1 2025 Financial Performance

Lockheed Martin Corporation announced a notable increase in its first-quarter net sales for 2025, reaching $18 billion, which marks a 4.7% rise compared to the previous year. The defense giant also saw its net earnings and diluted earnings per share (EPS) grow by 13.3% and 13.9%, respectively, underscoring its robust financial health.

Leadership Confidence and Future Outlook

CEO Jim Taiclet expressed optimism about the company's performance, stating, "These solid first quarter results reinforce confidence in our ability to achieve the full year 2025 financial guidance we laid out in January." He highlighted the company's resilience and adaptability in a rapidly changing global and technological landscape.

Market Response and Projections

Following the announcement, Lockheed Martin's shares experienced a 2.98% increase in premarket trading, reaching $472. The company projects its full-year sales to be between $73.75 and $74.75 billion, signaling strong expectations for continued growth.