"Lockheed Martin’s stronger than expected finish to the year demonstrated the company’s reliability and resiliency to meet commitments in challenging environments, while leading the industry’s critical security advancements for our nation and allies," said Chairman, President and CEO James Taiclet. "Our ongoing expansion of 21st Century capabilities and commercial partnerships are delivering deterrence solutions and value enhancing growth opportunities across our businesses. As we track toward our objective of growth resumption in 2024, we will continue to execute our dynamic and disciplined capital allocation program, by reinvesting in our business and pursuing growth opportunities, and returning capital to shareholders. We remain confident in our plans to enable our customers to stay ahead of ready and to deliver sustainable economic value."
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on LMT:
- Mixed Bag of Q4 Results for Defense Stocks LMT and RTX
- Lockheed Martin Reports Fourth Quarter and Full Year 2022 Financial Results
- Lockheed Martin (NYSE:LMT) Q4 Earnings: What to Expect?
- Defense Stocks See Mixed Results despite Additional War Aid
- Filecoin Foundation to deploy IPFS in space via Lockheed Martin spacecraft