Tuesday, July 21, 2009

Lockheed Martin 2Q report

BETHESDA, Md. - Lockheed Martin Corp. today reported second quarter 2009 net earnings of $734 million compared to $882 million in 2008. Net sales for the second quarter of 2009 were $11.2 billion, compared to $11.0 billion in 2008. Cash from operations for the second quarter of 2009 was $1.1 billion, compared to $1.5 billion in 2008. (Source: Lockheed Martin via PRNewswire, 07/21/09) Gulf Coast note: Lockheed Martin has operations in the Gulf Coast.