Lockheed Martin Corporation reported fourth quarter 2008 net earnings of $823 million, compared to $799 million in 2007. Net sales were $11.1 billion, compared to fourth quarter 2007 sales of $10.8 billion. Cash from operations for the fourth quarter of 2008 was $997 million, compared to $425 million in 2007.
For the year ended December 31, 2008, net earnings were $3.2 billion, compared to $3.0 billion in 2007. Net sales for 2008 were $42.7 billion, a 2% increase over the $41.9 billion in 2007. Cash from operations for 2008 was $4.4 billion, compared to $4.2 billion in 2007. Return on Invested Capital (ROIC) was 21.7% for 2008 compared to 21.4% in 2007.
