Lockheed Martin Lifts 2026 Outlook as Shares Rise 7% After Results
Photo: TokenPost
Lockheed Martin shares rose 7% to close at $590.14 Thursday, Oct. 22, as the aerospace and defense company raised its 2026 financial outlook after stronger third-quarter results and outlined a 10-year F-35 framework. The stock finished regular trading at 4 p.m. ET (20:00 UTC), after reaching $607.88 intraday. Its previous close was $551.51. For the quarter ended Sept. 27, sales totaled $20.711 billion, up from $18.609 billion a year earlier. Net earnings increased to $1.845 billion, or $7.97 per diluted share, from $1.619 billion, or $6.95 per share.
Source: TokenPost
