Lockheed Martin said today sales in its most recent quarter reached $14.4 billion, up about 4 percent from the same three-month period a year earlier. The contractor said its quarterly profit hit $1.3 billion, up from a loss the prior year of $744 million. Lockheed said the loss last year was the result of a one-time charge of $2 billion related to tax reform legislation. For 2018, Lockheed recorded $53.8 billion in sales, up nearly 8 percent from 2017. Its...
