Lockheed Martin(LMT) - 2024 Q2 - Quarterly Results

Exhibit 99.1 News Release Lockheed Martin Reports Second Quarter 2024 Financial Results • Net sales of $18.1 billion, an increase of 9% year over year • Net earnings of $1.6 billion, or $6.85 per share, inclusive of net non-operational charges of $79 million ($63 million, or $0.26 per share, after-tax) • Cash from operations of $1.9 billion and free cash flow of $1.5 billion • $1.6 billion of cash returned to shareholders through dividends and share repurchases • 2024 outlook increased for sales, segment op ...