00:00It's Benzinga bringing Wall Street to Main Street
00:02Lockheed Martin reported better-than-expected second-quarter results, fueled by higher sales
00:07and earnings, and ended the quarter with a record $230 billion backlog, according to
00:12Benzinga.
00:12The company's backlogs are up about $64 billion from a year ago as a result of several major
00:18defense awards.
00:19GAAP diluted earnings came in at $7.94 per share, on revenue of $20.06 billion, beating
00:27analyst estimates.
00:28Lockheed also raised its full-year earnings in 2026 sales guidance above Wall Street expectations.
00:35Management said the record backlog provides visibility into future growth, with stronger
00:40second-half performance expected across its aeronautics, missiles and fire control, rotary
00:45and mission systems, and space businesses.
00:47Shares were flat at $568.60 during pre-market trading on Friday, according to Benzinga Pro
00:54data.
00:55For all things money, visit Benzinga.com.
00:58It's about 5 goals.
00:58Bizarre, U ВęISS.
00:58we need to bepoil from happening in thekoho community. There is nothing.
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