• Lockheed Martin third-quarter 2026 net earnings rose 14% to $1.85 billion; sales climbed 11% to $20.71 billion year-over-year.
• Backlog grew 27% from the second quarter to $292 billion, including $52.5 billion associated with a multiyear PAC-3 interceptor award.
• F-35 Lot 20 costs exceeded authorized funding during the quarter, threatening future operating results and cash flows without additional government authorization.
• The 2026 outlook increased to approximately $80 billion-$82 billion in sales and $30.35-$30.75 in diluted earnings per share.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lockheed Martin Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: 202610220619PR_NEWS_USPR_____PH77728) on October 22, 2026, and is solely responsible for the information contained therein.