Lockheed Martin logged a $1.8 billion loss in the second quarter of 2025, $950 million of which came from a "critical" classified aeronautics program, company CEO Jim Taiclet told investors today. “This particular program team discovered new insights in the quarter that required us to adjust our expected future costs on that program and then recognize the charge for doing so,” Taiclet said during a call with shareholders to discuss Lockheed’s second quarter earnings results. “I acknowledge the losses on...
