Lockheed Martin Reports First Quarter 2015 Results
BETHESDA, Md., April 21, 2015 /PRNewswire/ — Lockheed Martin Corporation (NYSE: LMT) today reported first quarter 2015 net sales of $10.1 billion, compared to $10.7 billion in the first quarter of 2014.
Net earnings in the first quarter of 2015 were $878 million, or $2.74 per share, compared to $933 million, or $2.87 per share, in the first quarter of 2014. Cash from operations in the first quarter of 2015 was $957 million, compared to cash from operations of $2.1 billion in the first quarter of 2014.
“Our team continues to deliver solid performance for our customers and strong results for our shareholders,” said Marillyn Hewson, Lockheed Martin Chairman, President and CEO. “We remain focused on successfully competing in the global marketplace and delivering industry-leading affordable products and technologies to our customers.”