Lockheed Martin Space Segment Sees Double-Digit Sales Boost

Lockheed Martin Space Segment Sees Double-Digit Sales Boost in Q2


Sales at
Lockheed Martin’s Space division rose 10% in the second quarter of 2021 compared to the same time last year. According to the company’s Q2 2021 results reported on Monday, the Space segment had 3.2 billion in net sales, up $300 million from Q2 in 2020. 
Although Space is Lockheed Martin’s smallest segment in terms of sales, it had the largest growth in Q2 sales compared to 2020. All segments reported an increase in sales, and overall Lockheed Martin reported $17 billion in net sales for the quarter, a 5% increase over Q2 in 2020. Net earnings were $1.8 billion, or $6.52 per share, compared to $1.6 billion, or $5.79 per share, in the second quarter of 2020. 

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