Lockheed Martin 4Q report

Lockheed Martin Corp. reported fourth quarter 2009 net earnings of $827 million compared to $823 million in 2008. Net sales for the fourth quarter of 2009 were $12.5 billion, a 13 percent increase over the $11.1 billion in 2008. For the year ended Dec. 31, 2009, net earnings were $3 billion compared to $3.2 billion in 2008. Net sales for 2009 were $45.2 billion, a 6 percent increase over the $42.7 billion in 2008. (Source: Lockheed Martin, 01/28/10) Gulf Coast note: Maryland-based Lockheed Martin has multiple operations in the Gulf Coast region.