Lockheed Martin announces second quarter 2008 results

Lockheed Martin Corporation reported second quarter 2008 net earnings of $882 million, compared to $778 million in 2007. Net sales were $11.0 billion, a 4% increase over second quarter 2007 sales of $10.7 billion. Cash from operations for the second quarter of 2008 was $1.5 billion, compared to $1.4 billion in 2007.