Lockheed Martin Corp.

Strong Q1 Performance: Lockheed Martin Corporation reported a 4% year-over-year increase in sales for Q1 2025, amounting to $15.5 billion, driven by higher volumes in key contracts, particularly the F-35 program. Operating margins were solid at 11.6%, with all four business areas generating double-digit returns.

Reaffirmed Full-Year Guidance: The company maintains its full-year outlook for mid-single-digit growth in sales, operating margins at 11%, and expected free cash flow growth of double digits, projecting approximately $6.7 billion in free cash flow at the midpoint. This resilience suggests confidence in navigating current economic conditions.

Investment in R&D and Shareholder Return: Lockheed Martin invested $850 million into independent research and development and capital expenditures in Q1, crucial for future innovation. It returned approximately $1.5 billion to shareholders through dividends and share repurchases, indicating a commitment to shareholder value while pursuing growth opportunities.