Lockheed Martin Q1 Earnings Drop, Despite New Deals

Lockheed Martins Q1 earnings drop, with net earnings at $1.5 billion, down from $1.7 billion last year. Overall profits fell 13% to $1.8 billion, while revenue remained flat at $18 billion. Aeronautics segment saw a 14% drop in operating profit due to F-16 and C-130 issues. Most segments struggled, but Missiles and Fire Control profits rose 8% on stronger Patriot and precision strike sales. Despite challenges, Lockheed maintains full-year outlook, signaling confidence in new U.S. government deals. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/e30abb73823ff32d