Lockheed Martin reported third-quarter 2026 sales of $20.7 billion, an 11% increase from the prior year period, driven by higher volume in Aeronautics and production ramps in Missiles and Fire Control. Net earnings rose 14% to $1.8 billion, or $7.97 per diluted share, compared to $6.95 per share a year earlier. The company achieved record backlog of $292.0 billion, including $52.5 billion for PAC-3 MSE interceptors. Management raised its full-year 2026 financial outlook for sales, earnings per share, and free cash flow for the second consecutive quarter. Lockheed Martin is a global defense technology company that develops and delivers advanced security solutions.
