Lockheed Martin backs FY26 EPS view $29.35-$30.25, consensus $29.94

Backs FY26 revenue view $77.5B-$80B, consensus $79.14B. Backs FY26 free cash flow view $6.5B-$6.8B. Backs FY26 capital expenditures view $2.5B-$2.8B. The company said, “Our first quarter revenue of more than $18 billion, segment operating profit of $1.8 billion, and substantial backlog were a result of both strong customer demand, our continued commitment to operational performance and focused risk management. We reaffirm our 2026 full year guidance with anticipated sales and operating profit growth of approximately 5% and 25% year-over-year, respectively, and expected free cash flow between $6.5 and $6.8 billion.”