Lockheed Martin

Q3 FY2026 EarningsQ3 FY26 beat consensus across all key financial metrics: revenue of $20.7B outperformed the $20.5B expected (+1.2%), while GAAP EPS of $7.97 significantly exceeded the $7.52 consensus (+5.9%). Growth was exceptionally strong in the Missiles and Fire Control (MFC) segment, which surged 24% YoY due to munition production ramps (PAC-3, GMLRS). Management raised the full-year 2026 guidance for sales, EPS, and free cash flow for the second consecutive quarter, signaling sustained momentum despite ongoing F-35 contract negotiations.