Financial Performance - Sales reached $182 billion[6], while segment operating profit was $06 billion[6], resulting in a segment operating margin of 31%[6] - Earnings per share (EPS) amounted to $146[6], with a book-to-bill ratio of 07x[6] and free cash flow of negative $02 billion[6] - The company allocated $05 billion to share repurchases and $08 billion to dividends, alongside $08 billion for independent research & development and capital expenditures[6] Segment Results - Aeronautics sales increased by 2% to $7420 million[8, 9], but operating profit decreased by 113% to negative $98 million[8, 10], impacted by a $950 million loss on a classified program[9] - Missiles & Fire Control (MFC) experienced an 11% increase in sales to $3433 million[13, 14], with a 6% rise in operating profit to $479 million[15] - Rotary & Mission Systems (RMS) saw a 12% decrease in sales to $3995 million[18, 19], and a 135% decrease in operating profit to negative $172 million[18, 20], due to program loss impacts[19] - Space segment sales increased by 4% to $3307 million[23, 24], with a 5% rise in operating profit to $362 million[25] 2025 Outlook - The company reaffirmed its sales outlook of $73750 - $74750 million, representing a year-over-year growth of 4%-5%[28] - Full year guidance for segment operating profit was updated to $6600 - $6700 million[28] - Free cash flow outlook was reaffirmed at $6600 - $6800 million[28], with share repurchases expected to be around $3000 million[28]
Lockheed Martin(LMT) - 2025 Q2 - Earnings Call Presentation