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Lockheed lifts annual forecast as missile, jet production ramps up - Reuters

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In short

Lockheed Martin, a major defense contractor, has revised its annual revenue forecast, citing increased production of advanced missile systems and fighter jets. The company anticipates higher earnings and revenue due to the ramp-up of these projects, which are expected to contribute significantly to the company's bottom line.

Key points

  • Lockheed Martin, a major defense contractor, has revised its annual revenue forecast, cit…: Lockheed Martin, a major defense contractor, has revised its annual revenue forecast, citing increased production of advanced missile systems and fighter jets.
  • The company anticipates higher earnings and revenue due to the ramp-up of these projects,…: The company anticipates higher earnings and revenue due to the ramp-up of these projects, which are expected to contribute significantly to the company's bottom line.

Lockheed lifts annual forecast as missile, jet production ramps up    Reuters

Original source: news.google.com

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