Lockheed executives enthused by strong demand in Pentagon budget

By Nick Wilson / April 18, 2023 at 4:33 PM
Lockheed Martin executives claimed a "solid" first quarter consistent with the company's 2023 expectations, and applauded the Defense Department's fiscal year 2024 budget request that looks to invest in F-35 procurement and several of Lockheed's missile systems. “We remain on track to meet our financial expectations for the full year and return to growth in 2024 as we laid out in January,” CEO James Taiclet said, listing $15.1 billion in quarterly sales and $1.7 billion in net earnings -- figures...

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