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Washington DC

Lockheed Martin reports strong Q3 earnings beating expectations

Bethesda-based Lockheed Martin posted $1.85 billion net income and $20.71 billion revenue in Q3, surpassing Wall Street forecasts.

Oct 22, 2026, 9:22 AM By the Genius Eye newsroom (City Reporter) · Fact-checkedHow we report

Photo: Another Believer / CC BY-SA 3.0, via Wikimedia Commons

Lockheed Martin Corporation, headquartered in Bethesda, Maryland, reported third-quarter net income of $1.85 billion, according to WTOP. This translates to earnings of $7.97 per share for the period, exceeding the average analyst estimate of $7.49 per share.

The aerospace and defense company also posted revenue of $20.71 billion during the quarter, surpassing the expected $20.43 billion forecast by analysts surveyed by Zacks Investment Research, WTOP reported.

Lockheed Martin projects its full-year revenue to be between $80 billion and $82 billion, indicating continued strong performance for the company.

These results highlight the financial strength of a major employer and economic contributor in the Washington DC metropolitan area, particularly in Bethesda where the company is based.

Sources

WTOP: Lockheed: Q3 Earnings Snapshot

We read public reporting and official data, confirm what we can, and write our own story. See something wrong? Request a correction.

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