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Lockheed Martin Q2 2024 Earnings Summary $LMT
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Join us in this episode as we dive deep into Lockheed Martin's Q2 2024 earnings call, where CEOs and CFOs reveal thrilling insights behind the company's robust $18 billion sales growth—a 9% increase year-over-year. Discover how operational excellence and improved supply chain dynamics bolstered segment margins and produced over $1.5 billion in free cash flow. CEO Jim Taiclet passionately discusses the F-35 program's advancements, including the introduction of the latest Technology Refresh 3 aircraft—a critical asset in modern military strategy. Hear from CFO Jay Malave as he outlines a solid $2 billion operating profit and unveils an optimistic sales outlook, raising projections for full-year revenues to between $70.5 billion and $71.5 billion. Stay ahead of the curve and tune in for a comprehensive analysis of Lockheed Martin's growth strategy and what it means for the defense sector going forward!
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