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Lockheed Martin Reports Fourth Quarter and Full Year 2020 Results
- Net sales of $17.0 billion in the fourth quarter and $65.4 billion in 2020
- Net earnings from continuing operations of $1.8 billion, or $6.38 per share, in the fourth quarter and $6.9 billion, or $24.50 per share, in 2020
- Cash from operations of $1.8 billion in the fourth quarter and $8.2 billion in 2020, after discretionary pension contributions of $1.0 billion
- Announced agreement to acquire Aerojet Rocketdyne
- 2021 financial outlook provided
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BETHESDA, Md.
, Jan. 26, 2021 /PRNewswire/ Lockheed Martin Corporation [NYSE: LMT] today reported fourth quarter 2020 net sales of $17.0 billion, compared to $15.9 billion in the fourth quarter of 2019. Net earnings from continuing operations in the fourth quarter of 2020 were $1.8 billion, or $6.38 per share, compared to $1.5 billion, or $5.29 per share, in the fourth quarter of 2019. Cash from operations in the fourth quarter of 2020 wa