Lockheed Martin (NYSE: LMT) announced fiscal figures for the first quarter 2011, with net sales of $10.6 billion, compared to $10.3 billion in 2010 and earnings from continuing operations of $548 million, or $1.55 per diluted share, compared to $519 million, or $1.38 per diluted share in 2010.
“We had a solid operating and financial start to 2011, ” said Bob Stevens, Chairman and CEO. “We focused on executing on our programs while continuing to find affordable solutions, because we and our customers need to make every dollar count. In this new reality shaped by an increasingly complex global security environment and an uncertain economy, we remain committed to providing value to our customers while achieving strong financial results for our shareholders.”
