Lockheed Martin Forecasts Higher 2026 Revenue and Profit Amid Strong Demand and Record Deliveries

Lockheed Martin Corporation LMTannounced fiscal 2026 financial guidance that exceeded Wall Street expectations, driven by rising demand for advanced defense systems. The company forecast full-year revenue between $77.5 billion and $80 billion, while profit per share is expected to range from $29.35 to $30.25. These figures surpass the $77.83 billion in revenue and $29.28 per share profit previously estimated by analysts using LSEG-compiled data.

The optimistic outlook follows a strong fourth quarter where Lockheed Martin Corporationreported revenue of $20.32 billion, an increase from the $18.62 billion recorded during the same period a year ago. A primary driver of this growth was the aeronautics segment, where sales rose 6.4% during the quarter. The company successfully delivered a record 191 F-35 fighter jets throughout 2025, a significant jump from the 110 jets delivered in 2024. The F-35 program remains the largest acquisition program for the Pentagon in the United States US, with lifetime costs for purchasing, operating, and maintaining the aircraft estimated at more than $2 trillion.