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F-35 Lightning

Jul 19, 2016

Lockheed beats analyst estimates as fighter-jet deliveries climb

Lockheed Martin Corp. reported second-quarter profit that topped analysts’ projections, bolstered by higher deliveries of F-35 Lightning II fighter jets. Earnings were $3.32 a share, Lockheed said in a statement Tuesday. The results exceeded the $2.93 average of 16 estimates compiled by Bloomberg. Revenue of $12.9 billion was more than the $12.6 billion analysts anticipated. […]

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