Lockheed Martin Raises Full-Year EPS and Sales Outlook
Lockheed Martin raised its full-year EPS outlook to $30.35–$30.75 from $29.95–$30.65 and sales guidance to $80 billion–$82 billion from $79.75 billion–$81.75 billion. Its backlog reached a record $291.98 billion, up 27% since the second quarter.