Financial Performance - Lockheed Martin reported sales of $18.6 billion[8] and a segment operating profit of $2.0 billion[8] for the third quarter of 2025[8] - The company's book-to-bill ratio was 1.7x[8] - Free cash flow was $3.3 billion[8] - The company returned value to shareholders through $1.0 billion in share repurchases and $0.8 billion in dividends[8] Segment Results - Aeronautics sales increased by 12% to $7.256 billion[11, 12], with operating profit increasing 3% to $682 million[13, 15] - Missiles & Fire Control sales increased by 14% to $3.624 billion[18, 19], with operating profit increasing 12% to $510 million[19] - Rotary & Mission Systems sales were comparable at $4.373 billion[21, 22], with operating profit increasing 5% to $506 million[22] - Space sales increased by 9% to $3.356 billion[24, 25], with operating profit increasing 22% to $331 million[26] 2025 Outlook - The company updated its full-year sales guidance to $74.25 billion - $74.75 billion[29], representing a 5% year-over-year growth[29] - Diluted EPS guidance was updated to $22.15 - $22.35[29] - Free cash flow is expected to be approximately $6.6 billion[29] - Share repurchases are projected to be around $3.0 billion[29]
Lockheed Martin(LMT) - 2025 Q3 - Earnings Call Presentation