Lockheed’s annual sales and margins may hover like an F-35B next year and until 2024, when F-35 and other revenue likely will take off again.
Credit: Roslan Rahman/AFP/Getty Images
The world’s leading large defense contractor, Lockheed Martin, expects “flattish” sales in 2023 before a long-term revenue uptick is forecast to begin in 2024, top managers said in mid-October. Revenue next year could hover around the $65.3 billion expected this year before taking off in 2024, when...
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