Lockheed Martin Affirms Fiscal 2023 Outlook

Lockheed continues to forecast per-share earnings between $27 and $27.20 for fiscal 2023 on expected revenue of $66.25 billion to $66.75 billion. The Street is looking for GAAP EPS of $27.14 and revenue of $66.64 billion for the year. It affirmed its free cash flow guidance of at least $6.2 billion.

“Looking ahead, we’ll continue to pursue our strategy of building capacity, efficiency and resilience into our production operations, driving advanced digital technologies to enhance integrated deterrence through collaboration with our customers and tech and aerospace industry partners, and expanding our international business and operations,” according to Taiclet.

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