Lockheed Martin Corporation (LMT), 2024 Q4 earnings digest

$LMT has released its Q4 and full-year 2024 earnings, revealing a 5% sales growth with a record backlog of $176 billion. While Q4 faced challenges from unplanned charges in classified programs, the company emphasizes a focus on long-term de-risking measures. Key stats show an adjusted operating profit growth of 5% with a healthy cash flow of $5.3 billion throughout 2024. Future outlook anticipates mid-single-digit sales growth and operating margins returning to 11% by 2025