Lockheed Martin Earnings: Sales and Optimism Picked Up in the Quarter; Shares Around 14% Undervalued
Revenue topped $20 billion, up 10.5% compared with the year-ago quarter, while segment margin of 10.8% put Lockheed Martin on pace to outperform management's previous 2026 expectations. Sales accelerated in every segment, driven by ramped up production in a variety of aircraft and missile programs.