LMT · 10-Q · 2026Q3 · Full report
Stock Repurchases and Debt Repayment
LOCKHEED MARTIN CORP · 2026-10-22 · Importance 77 · Surprise 82 · In source text
The company made no share repurchases during the nine months ended September 27, 2026, compared with $2.3 billion spent to repurchase 5.0 million shares in the prior-year period. It also repaid $1.2 billion of long-term notes at scheduled maturities in 2026, versus $142 million in the comparable 2025 period. Financing cash outflow increased to $3.694 billion from $2.887 billion, while the company received no net proceeds from long-term debt issuance in 2026 compared with $2.0 billion in 2025.
Key facts
- Lockheed Martin received no net proceeds from long-term debt issuance in the nine months ended September 27, 2026, versus $2.0 billion in the comparable 2025 period, and repaid $1.2 billion of long-term fixed-rate notes at scheduled maturities versus $142 million in 2025. source
- Lockheed Martin made no share repurchases during the nine months ended September 27, 2026, compared with $2.3 billion spent to repurchase 5.0 million shares in the same 2025 period. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | positive | realized | +3.6% | Lockheed Martin made no share repurchases during the nine months ended September 27, 2026, compared with $2.3 billion spent to repurchase… |
| liability | positive | realized | +1.6% | Lockheed Martin received no net proceeds from long-term debt issuance in the nine months ended September 27, 2026, versus $2.0 billion in… |
| cash | negative | realized | -1.6% | Lockheed Martin received no net proceeds from long-term debt issuance in the nine months ended September 27, 2026, versus $2.0 billion in… |