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Total Backlog
Indicates the total value of orders yet to be fulfilled, providing insight into future revenue streams and demand for the company's products.Backlog has meaningfully expanded since 2023 and accelerated into late‑2025/early‑2026, giving Lockheed a much larger revenue runway that supports management’s mid‑single‑digit sales outlook and aggressive production ramps. Much of the growth reflects big international/domestic awards and undefinitized MFC contracts—improving visibility but dependent on supplier scale‑up and program execution. In short, backlog reduces long‑term revenue risk but won’t eliminate near‑term margin and cash volatility as delivery, supplier constraints, ERP timing and ramp execution play out.
Date | Total Backlog |
|---|---|
Jun 30, 2026 | $186.43B |
Mar 31, 2026 | $186.40B |
Dec 31, 2025 | $193.62B |
Sep 30, 2025 | $179.07B |
Jun 30, 2025 | $166.53B |
Mar 31, 2025 | $172.97B |
Dec 31, 2024 | $176.04B |
Sep 30, 2024 | $165.69B |
Jun 30, 2024 | $158.34B |
Mar 31, 2024 | $159.37B |