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Lockheed Martin Announces 2005 Fourth Quarter and Year-End Results
Thursday January 26, 2006
* Fourth Quarter Net Earnings Up 53% to $568 Million; Full Year Up 44% to
$1.8 Billion
* Fourth Quarter Earnings Per Share Up 55% to $1.29; Full Year Up 45% to
$4.10
* Fourth Quarter Net Sales Up 3% to $10.2 Billion; Full Year Up 5% to $37.2
Billion
* Generates $3.2 Billion in Cash From Operations for the Year and Improves
Return on Invested Capital (ROIC)
* Increases Outlook for 2006 Earnings Per Share, Cash From Operations and
ROIC
BETHESDA, Md., Jan. 26, 2006 - Lockheed Martin Corporation (NYSE: LMT) today
reported fourth quarter 2005 net earnings of $568 million ($1.29 per diluted
share) compared to $372 million ($0.83 per diluted share) in 2004. Net sales
were $10.2 billion, a 3% increase over fourth quarter 2004 sales.
"Our performance in 2005 was very strong, and for the sixth consecutive year
we met or exceeded our financial goals," said Bob Stevens, Chairman,
President and CEO. "Focusing on innovation, delivering value to customers,
and developing leadership and professional talent will reinforce our
prospects for sustained value generation."
Full story:
http://www.lockheedmartin.com/wms/findPage.do?dsp=fec&ci=17405&rsbci=0&fti=111&ti=0&sc=400
Web site:
http://www.lockheedmartin.com
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