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Lockheed Martin continues growth with $292 billion backlog

The Motley Fool +1 · ·by G4L

LMT Lockheed Martin Corp
$610.05 +1.15%
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  1. 1Lockheed Martin announced a backlog of $292 billion.
  2. 2The Missiles and Fire Control (MFC) segment recorded 24% growth in the third quarter.
  3. 3Management revised Lockheed Martin's 2026 free cash flow forecast to $7.9 billion.

So what's the key point?

Lockheed Martin announced that its orders on hand have reached $292 billion. As the missile segment grew significantly, the forecast for the company's remaining cash in 2026 has also changed.

Source The Motley Fool +1 · View original ↗

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