Lockheed Martin closes FY2025 with $75.0B sales, $5.0B profit and a record $194B backlog; raises 2026 outlook
Lockheed Martin closed FY2025 with $75.0 billion in sales and $5.0 billion net income, generated $8.6 billion in operating cash and $6.9 billion free cash flow, and reported a record $194 billion backlog as it raised 2026 revenue and profit guidance on stronger fighter and weapons demand.