My Account Menu

CAPA Login


Register to trial CAPA Membership!

Lockheed Martin revenue up 12.5%, profit down in 4Q2009

29-Jan-2010 12:28 PM

Lockheed Martin revenue up 12.5% - financial highlights:

  • Three months 31-Dec-2009:
    • Revenue: USD12,524 million, +12.5% year-on-year;
      • Aeronautics: USD3,250 million, +13.4%;
      • Electronics System: USD3,293 million, +12.2%;
      • Information Systems & Global Services: USD3,374 million, +2.3%;
    • Cost of sales: USD11,313 million, +14.7%;
    • Operating profit: USD1,241 million, -7.9%;
    • Segment operating profit: USD1,413 million, +12.6%;
      • Aeronautics: USD426 million, +15.4%;
      • Electronic Systems: USD410 million, +11.1%;
      • Information Systems & Global Services: USD277 million, -9.8%;
    • Net profit: USD827 million, +0.5%;
  • 12 months ended 31-Dec-2009:
    • Revenue: USD45,189 million, +5.8%;
      • Aeronautics: USD12,201 million, +6.3%;
      • Electronic Systems: USD12,204 million, +5.0%;
      • Information Systems & Global Services: USD12,130 million, +4.5%;
    • Cost of sales: USD40,965 million, +7.6%;
    • Operating profit: USD4,466 million, -13.0%;
    • Segment operating profit: USD5,155 million, +3.7%;
      • Aeronautics: USD1,577 million, +10.0%;
      • Electronics System: USD1,595 million, +5.8%;
      • Information Systems & Global Services: USD1,011 million, -6.0%;
    • Net profit: USD3,024 million, -6.0%. [more]

Lockheed Martin: “The outlook for 2010 cash from operations anticipates that the Corporation will make approximately USD1.4 billion in contributions to our pension trust during 2010. The Corporation anticipates recovering approximately USD1.0 billion as CAS cost during 2010, with the remainder being recoverable in future years,” Company statement. Source: Lockheed Martin, 28-Jan-2010.