Lockheed Martin Foresees Increased 2012 Profit, 2013 Sales Drop

Lockheed Martin Foresees Increased 2012 Profit, 2013 Sales Drop

Lockheed Martin Corp. via Bloomberg

Initial production orders of F-35 jets during the quarter valued at about $300 million partially offset lower sales volumes from C-130 transports and F-16 fighters in the Aeronautics unit, Lockheed said in the statement.