Lockheed Martin…Blasted Higher

Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide.

Lockheed reported first quarter earnings today.  Lockheed reported earnings of $5.99 per vs. $4.02 per share, one year earlier. Also, Lockheed’s net sales for the quarter rose 23% to $14.34 billion. Thanks to President Trump and his loose policies on foreign arms sales, Lockheed raised their forecast for 2019, which is ahead of Wall Street Estimates. 

For example, the United States is considering expanding sales of Lockheed-made F-35 fighter jets to five new nations including Romania, Greece

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