Quartz·1 min read·easy
Lockheed Martin stock surged after beating earnings and lifting its full-year outlook
✦AI Summary
Lockheed Martin reported strong financial results with $20.1 billion in quarterly sales, leading to an increase in its full-year free cash flow projections. The defense contractor's stock price rose following the announcement of these positive earnings.
The defense contractor posted $20.1 billion in quarterly sales and now projects free cash flow of more than $7 billion for the year
businesseconomy
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