Citable filing context

LMT filing events and research context

Server-rendered

LMT's research view summarizes recent SEC filing context, starting with other from May 13, 2026.

LMT filing events and research context
FiledItemContext
May 13, 2026otherLockheed Martin stockholders voted on directors, executive compensation, auditors, and a proposal at the Annual Meeting.
Apr 23, 2026earningsLockheed Martin reported Q1 2026 sales of $18.0B and net earnings of $1.5B, or $6.44 per share.
Jan 29, 2026earningsLockheed Martin reported Q4 2025 sales of $20.3B and full-year sales of $75.0B, with 2025 EPS of $21.49.
Apr 23, 2026Guidance: business_segment_operating_profit8425.00 to 8675.00
Apr 23, 2026Guidance: capital_expenditures2500.00 to 2800.00
Apr 23, 2026Guidance: cash_from_operations9150.00 to 9450.00
Apr 23, 2026mda_quarterlyLockheed Martin reported a slight increase in total sales to $18.021 billion for the quarter ended March 29, 2026, but net earnings decreased to $1.488 billion ($6.44 EPS) from $1.712 billion ($7.28 EPS). Aeronautics sales declined from classified programs and F-16, with operating profit impacted by $125 million unfavorable adjustments on F-16 and $55 million on C-130, partially offset by $130 million favorable F-35 adjustments. Missiles and Fire Control saw an 8% sales and profit increase from PAC-3, JASSM, LRASM, and PrSM production ramp-up. Rotary and Mission Systems experienced an 8% sales and 19% profit decrease due to lower radar and Sikorsky helicopter volumes, reflecting unfavorable program adjustments. Space sales grew 7% from FBM and NGI programs, but operating profit fell 26% due to the absence of prior year favorable adjustments. Significant risks persist from fixed-price programs, including a classified Aeronautics program with cumulative losses of $1.8 billion and an MFC classified program with $1.46 billion in cumulative losses. The Canadian Maritime Helicopter and Turkish Utility Helicopter programs also present loss risks. Net cash from operations dropped sharply to $220 million from $1.409 billion, resulting in negative free cash flow of $(291) million, driven by working capital timing. The company repaid $1.0 billion in long-term debt and conducted no share repurchases this quarter. Macroeconomic factors like supply chain disruptions and inflation continue to challenge fixed-price contracts, while the proposed FY27 defense budget indicates a significant spending increase.
Jan 29, 2026businessLockheed Martin is a global aerospace and defense technology company serving the U.S. Government and allies across defense, civil, and commercial applications. It operates through four segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. The company is rapidly expanding production capacity and investing in advanced technologies like artificial intelligence, autonomy, and open-architecture systems to meet increased demand from recent regional conflicts, aiming to deliver overwhelming capability and strengthen deterrence. Aeronautics, its largest segment, develops advanced military aircraft including the F-35 Lightning II, C-130 Hercules, F-16 Fighting Falcon, and F-22 Raptor. The F-35 program is critically important, projected to generate 27% of total consolidated sales and 67% of Aeronautics' sales in 2025. This multi-role, fifth-generation stealth fighter has a significant U.S. government procurement objective of 2,456 aircraft and strong international commitments from partner countries and FMS customers. LMT focuses on F-35 modernization, cost containment, delivery optimization, and readiness. The company also pursues strategic partnerships, including with commercial entities, and evaluates M&A to enhance its portfolio and capabilities, while investing internally in innovative technologies.

Source: SEC EDGAR filing text and events; period May 13, 2026; filed May 13, 2026.

Continue research

Keep researching LMT

Follow same-sector companies and source explainers connected to the research view.

Browse Industrials

Related tickers

CAT
Caterpillar Inc.
$421.62B
Industrials
Open company page →
GE
GE Aerospace
$336.59B
Industrials
Open company page →
GEV
GE Vernova
$250.79B
Industrials
Open company page →
RTX
RTX Corporation
$240.54B
Industrials
Open company page →
LIN
LINDE PLC
$232.06B
Industrials
Open company page →
BA
Boeing
$170.19B
Industrials
Open company page →

Related explainers

Understanding 8-K filings

A factual guide to SEC Form 8-K current reports and the material company events they can disclose between quarterly filings.

Read explainer →
Reading a 10-Q

A factual guide to quarterly SEC Form 10-Q reports, how they differ from annual 10-K filings, and what readers can inspect first.

Read explainer →
S-1 and the IPO prospectus

A factual guide to Form S-1 registration statements and the disclosures companies provide before a public offering.

Read explainer →
Reading an SEC 10-K

A factual guide to the core 10-K sections investors use for company context: business description, risk factors, MD&A, financial statements, and segment disclosures.

Read explainer →