Lockheed Martin — Jul 22, 2025 release

  (in millions, except per share data) Current Update April 2025         Sales ~$73,750 - $74,750 ~$73,750 - $74,750     Business segment operating profit 1 ~$6,600 - $6,700 ~$8,100 - $8,200 Total FAS/CAS pension adjustment ~$1,125 ~$1,125 Diluted earnings per share ~$21.70 - $22.00 ~$27.00 - $27.30   Cash from operations ~$8,500 - $8,700 ~$8,500 - $8,700 Capital expenditures ~$1,900 ~$1,900 Free cash flow 1 ~$6,600 - $6,800 ~$6,600 - $6,800 1 Business segment operating profit and free cash flow are non-GAAP measures. See the "Use of Non-GAAP Financial Measures" section of this news release for more information. 4 Segment Results The company operates in four business segments organized based on the nature of products and services offered: Aeronautics, Missiles and Fire Control (MFC), Rotary and Mission Systems (RMS) and Space. The following table presents summary operating results of the company's business segments and reconciles these amounts to the company's consolidated financial results. (in millions) Quarters Ended Six Months Ended   June 29, 2025 June 30, 2024 June 29, 2025 June 30, 2024 Sales     Aeronautics $ 7,420   $ 7,277  $ 14,477   $ 14,122  Missiles and Fire Control 3,433   3,102  6,806   6,095  Rotary and Mission Systems 3,995   4,548  8,323   8,636  Space 3,307   3,195  6,512   6,464  Total sales $ 18,155   $ 18,122  $ 36,118   $ 35,317  Operating profit (loss)     Aeronautics 1 $ (98) $ 751  $ 622   $ 1,430  Missiles and Fire Control 479   450  944   761  Rotary and Mission Systems 2 (172) 495  349   925  Space 362   346  741   671  Total business segment operating profit 571   2,042