Lockheed Martin's (LMT) Results Top Estimates, but Notes Risks to F-35 Program - TheStreet

Lockheed Martin's Results Top Estimates, but Notes Risks to F-35 Program

Lockheed Martin reported better-than-expected quarterly earnings but says there are risks related to its F35 combat aircraft program.
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Lockheed Martin (LMT) - Get Report  reported better-than-expected quarterly earnings but says there are risks related to its F-35 combat aircraft program, due to comments made by President Trump. The F-35 is Lockheed's biggest program and the company says risks to the the aircraft's development and production could factor in its future performance. The company's CEO met with Trump earlier this month after he issued some negative tweets about the F-35's costs. In its most recent quarter, Lockheed reported earnings of $3.25 a share, well ahead of analysts' forecasts and sales also topped estimates.