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Lockheed Martin (LMT) Q3 2025 Earnings Transcript

And shortly after the conclusion of the quarter, we definitized the F-35 Lot 18 and 19 contract with the Department of War's Joint Program Office adding 11billionofcontractvalueandanother151aircraftintobacklog.Ourfinancialresultsinthethirdquarterreflectthesetrends.Salesincreased911 billion of contract value and another 151 aircraft into backlog. Our financial results in the third quarter reflect these trends. Sales increased 9% year over year and a solid 5% normalized for the Lot 18-19 impact in last year's third quarter. We generated strong free cash flow of over 3 billion in the quarter enabling our commitment to further invest ...