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Operating Income by Segment
Shows the profitability of each business segment, highlighting which areas are driving earnings and where there might be challenges or opportunities for growth.Operating income shows episodic volatility driven by one‑time charges and execution hiccups: Aeronautics and RMS dips align with F‑16/C‑130 rework and Sikorsky timing, while MFC and Space recovered strongly after pronounced negative quarters. Management’s Q1 remarks frame these as timing/scale‑up issues—not demand weakness—pointing to back‑half margin and cash improvement as munitions and aircraft production ramps hit stride; however, upside hinges on supplier execution, classified‑program cash burn and successful ERP/workflow fixes, so gains are likely phased rather than immediate.
Date | Unallocated Items | Aeronautics | Missiles and Fire Control | Rotary and Mission Systems | Space |
|---|---|---|---|---|---|
Jun 30, 2026 | $317.00M | $760.00M | $594.00M | $437.00M | $371.00M |
Mar 31, 2026 | $240.00M | $619.00M | $500.00M | $423.00M | $281.00M |
Dec 31, 2025 | $273.00M | $782.00M | $535.00M | $468.00M | $273.00M |
Sep 30, 2025 | $251.00M | $682.00M | $510.00M | $506.00M | $331.00M |
Jun 30, 2025 | $177.00M | -$98.00M | $479.00M | -$172.00M | $362.00M |
Mar 31, 2025 | $287.00M | $720.00M | $465.00M | $521.00M | $379.00M |
Dec 31, 2024 | $270.00M | $434.00M | -$804.00M | $513.00M | $283.00M |
Sep 30, 2024 | $270.00M | $659.00M | $456.00M | $483.00M | $272.00M |
Jun 30, 2024 | $106.00M | $751.00M | $450.00M | $495.00M | $346.00M |
Mar 31, 2024 | $284.00M | $679.00M | $311.00M | $430.00M | $325.00M |