Lockheed profit dives 80% on $1.6 billion charge, shares tumble

Lockheed Martin signals $73.75B–$74.75B 2025 sales outlook while addressing $1.8B program charges (NYSE:LMT)

Gain insights from Lockheed Martin's Q2 2025 earnings call, covering $1.8B program losses, F-35 demand, tax liabilities, and enhanced risk oversight.

Lockheed Profit Dives 80% on $1.6 Billion Charge, Shares Tumble

Lockheed records $1.6B in losses, mostly linked to continued strife on classified aero program

Lockheed incurred a $950 million loss on a classified fixed-priced aeronautics program, as well as other loss on foreign helicopter projects.

Lockheed Tumbles Most In Months After Slashing Outlook On $1.6 Billion Hit

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

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

Defence company said charge came from difficulties with classified program in its Aeronautics business

Lockheed profit dives 80% on $1.6 billion charge, shares tumble

Lockheed Martin reported on Tuesday that its second-quarter profit plunged by about 80%, after the U.S. defense group recorded a pretax loss of $1.6 billion, mainly linked to a classified program within its Aeronautics segment, sending its shares down more than 8%.