Home / Financial Report / Lockheed Reports 2% Sales Bump for 2Q, Profit Up 4%

Lockheed Reports 2% Sales Bump for 2Q, Profit Up 4%

lockheed martinLockheed Martin (NYSE: LMT) has reported a 2.6 percent year-over-year increase in revenue to $11.6 billion for its fiscal year 2015 second quarter, which ended June 28, and a 4.5-percent increase in profit to $929 million for that same time frame.

Sales in the company’s aeronautics, missiles and fire control, and mission systems and training segments also recorded year-over-year increases in revenue for the quarter.

The company detailed its second quarter financial results on the same day it announced a review of its government information technology and technical services businesses and its agreement to purchase helicopter manufacturer Sikorsky from United Technologies Corp. for $9 billion.

Click here to read GovCon Wire’s full story of that review and Sikorsky transaction.

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