Lockheed Martin second-quarter profit plummets on $1.6 billion charge

theglobeandmail.com/business/article-lockheed-martin-second-quarter-profit-plummets-on-16-billion-charge

Lockheed Martin Corp (LMT-N) reported on Tuesday that its second-quarter profit plunged by about 80 per cent, after the U.S. defence giant recorded pre-tax losses of US$1.6-billion, mainly linked to a classified program within its Aeronautics segment.
The company’s shares fell eight per…

This story appeared on theglobeandmail.com, 2025-07-22 12:12:27.
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