Lockheed Martin Corporation has reported first quarter 2020 net sales of US$15.7 billion, compared to US$14.3 billion in the first quarter of 2019. Net earnings in the first quarter of 2020 were US$1.7 billion, compared to US$1.7 billion in the first quarter of 2019. Cash from operations in the first quarter of 2020 was US$2.3 billion, compared to cash from operations of US$1.7 billion in the first-quarter of 2019.
“As we confront the challenges introduced by the global pandemic, our corporation remains focused on providing vital national security solutions for our customers while maintaining a safe and healthy environment for our employees,” said Lockheed Martin chairman, president and CEO Marillyn Hewson.
