Core Insights - Lockheed Martin reported revenue of $20.32 billion for Q4 2025, a 9.1% year-over-year increase, exceeding the Zacks Consensus Estimate by 2.48% [1] - The company's EPS for the quarter was $5.80, down from $7.67 a year ago, representing a -7.1% surprise compared to the consensus estimate of $6.24 [1] Revenue Performance - Aeronautics sales reached $8.52 billion, surpassing the average estimate of $7.95 billion, with a year-over-year increase of 6.4% [4] - Rotary and Mission Systems generated $4.62 billion, slightly below the $4.66 billion estimate, reflecting an 8.3% year-over-year increase [4] - Missiles and Fire Control sales were $4.02 billion, exceeding the $3.93 billion estimate, marking a significant 17.8% year-over-year growth [4] - Space segment sales totaled $3.16 billion, just under the $3.19 billion estimate, with a year-over-year increase of 7.5% [4] Operating Profit Analysis - Aeronautics operating profit was $782 million, above the average estimate of $742.21 million [4] - Space operating profit reached $273 million, slightly higher than the estimated $268.52 million [4] - Rotary and Mission Systems reported an operating profit of $468 million, below the average estimate of $477.47 million [4] - Missiles and Fire Control's operating profit was $535 million, compared to the estimated $543.46 million [4] Stock Performance - Lockheed Martin's shares have returned +23.5% over the past month, significantly outperforming the Zacks S&P 500 composite's +0.8% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]

Financial Performance - Lockheed Martin reported Q3 2025 sales of $18.6 billion, net earnings of $1.6 billion, EPS of $6.95, and free cash flow of $3.3 billion, with a backlog reaching a record $179 billion and full-year revenue guidance in the mid $74 billion range [1] - Northrop Grumman's Q3 2025 sales increased by 4% year-over-year to $10.4 billion, with net earnings of $1.1 billion and diluted EPS rising 10% to $7.67, while management raised 2025 MTM adjusted EPS guidance by $0.65 to a range of $25.65 to $26.05 [18] Market Position and Valuation - Lockheed Martin's forward P/E ratio is 19.68x, below the aerospace and defense sector average of 22.5x, indicating that investors are not paying a premium for its growth and backlog visibility [2] - Northrop Grumman's forward P/E is 22.97x, slightly above the sector average, suggesting a small premium for its earnings strength and visibility [17] - Boeing's forward P/E is significantly higher at 221.66x, reflecting optimism that is already priced in [10] Stock Performance - Lockheed Martin's stock has increased by 30.57% over the past 52 weeks and 23.49% year-to-date [3] - Northrop Grumman's stock has risen 41.61% over the past 52 weeks and 20.86% year-to-date [16] - Boeing's stock has bounced back, up 35.89% over the past 52 weeks and 11.27% year-to-date [9] Strategic Developments - Lockheed Martin signed a framework agreement with the U.S. Department of Defense to increase PAC 3 MSE interceptor output from approximately 600 to 2,000 units over seven years and won a $1.1 billion award for 18 Tranche 3 Tracking Layer satellites [6] - Boeing completed the acquisition of Spirit AeroSystems, enhancing its fuselage and structures capabilities and reducing supply chain risk [13] - Northrop Grumman is developing the HALO habitation module for NASA's Lunar Gateway as part of the Artemis campaign [15] Industry Outlook - The U.S. government proposed a $1.5 trillion defense budget for 2027, indicating a significant push to upgrade military capabilities, including advanced aerospace programs and space capabilities [5] - The Artemis II mission is approaching its launch window, with significant implications for companies involved in the aerospace and defense sectors [4] - Analysts maintain a consensus "Moderate Buy" rating for Lockheed Martin and Northrop Grumman, while Boeing is rated a "Strong Buy," reflecting positive sentiment in the market [7][20]

The recent Operation Absolute Resolve included F-35 and F-22 fighter jets, RQ-170 Sentinel stealth drones, and Sikorsky Black Hawk helicopters, which helped ensure mission success while bringing the men and women of our armed forces home safely. In addition, we worked closely with the Department of War Leadership to reach the landmark seven-year framework agreement for PAC-3 MSE interceptors that we together announced earlier in January. This groundbreaking agreement was just the first step in bringing comm ...

洛克希德马丁(LMT.US)一度涨超8%，最高触及645.67美元，创下历史新高。 消息面上，洛克希德马丁公司去年第四季度净销售额同比增长9%至203亿美元，每股收益5.80美元。截 至2025年底，积压订单达到创纪录的1940亿美元。公司公布乐观的2026年业绩指引，预计净销售额将介 于775亿至800亿美元，每股收益将介于29.35至30.25美元，均超预期。 此外，公司发布声明称，已与美国国防部签署框架协议，将"萨德"导弹拦截弹的年产量从96枚提高到 400枚，翻两番。声明并未披露协议的具体条款，但该公司计划在未来三年内投资数十亿美元，用于扩 大生产规模，并新建和改造20多个生产设施。(格隆汇) ...

每经AI快讯，1月29日，洛克希德马丁股价涨7.6%创历史新高，此前公司预测2026年利润和收入将高于 预期。 ...

Core Viewpoint - Lockheed Martin reported quarterly earnings of $5.8 per share, missing the Zacks Consensus Estimate of $6.24 per share, and showing a decline from $7.67 per share a year ago, indicating an earnings surprise of -7.10% [1] Financial Performance - The company posted revenues of $20.32 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 2.48%, and showing an increase from $18.62 billion year-over-year [2] - Over the last four quarters, Lockheed has exceeded consensus EPS estimates three times and topped consensus revenue estimates three times as well [2] Stock Performance - Lockheed shares have increased approximately 23.5% since the beginning of the year, significantly outperforming the S&P 500's gain of 1.9% [3] Future Outlook - The company's earnings outlook will be crucial for determining the stock's immediate price movement, with current consensus EPS estimates at $7.13 for the coming quarter and $29.55 for the current fiscal year [4][7] - The Zacks Rank for Lockheed is currently 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Aerospace - Defense industry is currently ranked in the top 35% of over 250 Zacks industries, suggesting a favorable outlook as the top 50% of Zacks-ranked industries tend to outperform the bottom 50% by more than 2 to 1 [8]

Lockheed Martin (NYSE:LMT) Q4 2025 Earnings call January 29, 2026 08:30 AM ET Company ParticipantsEvan Scott - CFOJim Taiclet - Chairman, President and CEOMaria Ricciardone - VP of Investor RelationsConference Call ParticipantsDouglas Harned - AnalystGautam Khanna - AnalystGavin Parsons - AnalystKristine Liwag - AnalystMichael Ciarmoli - AnalystMyles Walton - AnalystRichard Safran - AnalystRob Stallard - AnalystScott Mikus - AnalystSheila Kahyaoglu - AnalystOperatorGood day, and welcome everyone to the Lock ...

Lockheed Martin (NYSE:LMT) Q4 2025 Earnings call January 29, 2026 08:30 AM ET Company ParticipantsEvan Scott - CFOJim Taiclet - Chairman, President and CEOMaria Ricciardone - VP of Investor RelationsConference Call ParticipantsDouglas Harned - AnalystGautam Khanna - AnalystGavin Parsons - AnalystKristine Liwag - AnalystMichael Ciarmoli - AnalystMyles Walton - AnalystRich Safran - AnalystRob Stallard - AnalystScott Mikus - AnalystSheila Kahyaoglu - AnalystOperatorGood day, and welcome everyone to the Lockhee ...

Lockheed Martin (NYSE:LMT) Q4 2025 Earnings call January 29, 2026 08:30 AM ET Speaker9Good day, and welcome everyone to the Lockheed Martin fourth quarter and full year 2025 earnings results conference call. Today's call is being recorded. If you would like to ask a question, please press Star, then one now. At this time, for opening remarks and introductions, I would like to turn the call over to Maria Ricciardone, Vice President, Treasurer, and Investor Relations. Please go ahead.Speaker6Thanks, Sarah. Go ...

Core Viewpoint - Lockheed Martin plans to quadruple its Thaad missile-defense system output to approximately 400 interceptors per year due to increased demand from Pentagon officials preparing for potential conflicts on multiple fronts [1] Group 1 - Lockheed Martin's production increase is a direct response to heightened military demand [1] - The company is focusing on enhancing its missile-defense capabilities amid evolving geopolitical tensions [1] - The decision reflects a strategic shift in defense priorities by the Pentagon [1]