Lockheed Martin opened 2026 with flat revenue but a notable earnings drop, reporting first-quarter sales of $18.0 billion and net earnings of $1.5 billion — down from $1.7 billion in the same period a year ago — as production problems on the F-16 and CH-53K programs weighed on results across two of its four business […]
Lockheed Martin Q1 profit falls as F-16 and helicopter programs drag
Lockheed Martin opened 2026 with flat revenue but a notable earnings drop, reporting first-quarter sales of $18.0 billion and net earnings of $1.5 billion — down from $1.7 billion in the same period a year ago — as production problems on the F-16 and CH-53K programs weighed on results across two of