Lockheed Martin’s Profits Up
Lockheed Martin’s Profits Up

Lockheed Martin’s Profits Up

Lockheed Martin’s Profits Up

Lockheed Martin Corp, the world’s largest defense contractor, reported a quarterly profit on Tuesday that handily beat analysts’ expectations, as sales of its Sikorsky helicopters pushed total revenue up 14.8%, Reuters reported. Lockheed’s shares were up about 7% in afternoon trading following the company’s earnings conference call. The company said third-quarter sales in its rotary and mission systems business unit jumped 55% to $3.35 billion, which included about $1.2 billion from sales of Sikorsky military and commercial helicopters. Lockheed completed the $9 billion acquisition of Sikorsky from United Technologies Corp last year.


Short URL : https://goo.gl/rtgrUf
  1. https://goo.gl/RIuaNI
  • https://goo.gl/1Qvvt9
  • https://goo.gl/50Xouu
  • https://goo.gl/kLWkQ8
  • https://goo.gl/a5QtUj

You can also read ...

India is too poor to grow without exporting.
A trade war would bring forward the next financial crisis...
Turkey’s January industrial output rose an annual 12%.
The International Monetary Fund on Thursday revised up its...
Online searches for “bitcoin” fell 82% from December highs.
Suddenly, Bitcoin seems a bit boring. It might be hard to...
Global consumer confidence Primary Index in March has risen to 50.6, tying the record high set in January 2018.
Simmering fears of a global trade war; an embarrassing...
MSS Market in ASEAN Shows 22.3% Growth
The Managed Security Services market in ASEAN continued its...
Nippon Steel seeks a sharper edge in specialty products.
Nippon Steel & Sumitomo Metal will buy Swedish counterpart...
EBRD’s First Lebanon Deal
The European Bank for Reconstruction and Development has made...
Singapore Exports Fall
Singapore’s key non-oil domestic exports unexpectedly declined...

Add new comment

Read our comment policy before posting your viewpoints