Lockheed Martin, trading under the ticker LMT on the New York Stock Exchange, recently announced impressive earnings for the second quarter of 2024. The aerospace and defense giant reported earnings of $6.85 per share, surpassing analysts' predictions for a decline. The company also saw a 9% increase in net sales to $18.1 billion, exceeding forecasts of $17.05 billion. With strong demand for fighter jets and missile systems, Lockheed Martin raised its sales projections for the year to between $70.5 billion and $71.5 billion.

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