Lockheed Martin 3Q report

Lockheed Martin reported third quarter 2008 net earnings of $782 million, $1.92 per diluted share, compared to $766 million, $1.80 per diluted share, in 2007. Net sales were $10.6 billion, a 5 percent decrease from third quarter 2007 sales of $11.1 billion. Cash from operations for the third quarter of 2008 was $1.0 billion, compared to $935 million in 2007. (Source: Lockheed Martin, 10/22/08)