LMT · 10-Q · 2026Q3 · Full report
Segment Revenue Performance
LOCKHEED MARTIN CORP · 2026-10-22 · Importance 54 · Surprise 40 · In source text
For the nine months ended September 27, 2026, Missiles and Fire Control (MFC) sales rose 17% to $12.251 billion, driven by $1.2 billion of higher PAC-3 and THAAD sales and $510 million of higher GMLRS and PrSM sales. Aeronautics sales increased 7% to $23.279 billion, including $1.5 billion of higher F-35 sales; Space sales rose 5% to $10.409 billion, primarily on $620 million of higher FBM and NGI sales. Rotary and Mission Systems (RMS) sales grew 1% to $12.856 billion, with higher undersea mission systems, River Class Destroyer, and Sikorsky sales. In the quarter, MFC sales grew 24% to $4.501 billion, Aeronautics 13% to $8.214 billion, Space 4% to $3.485 billion, and RMS 3% to $4.511 billion.
Key facts
- Nine-month product sales increased $3.6 billion, or 8%, compared with the same period in 2025, including approximately $1.8 billion at MFC, $1.3 billion at Aeronautics, and $545 million at Space. source
- Quarterly MFC sales increased $877 million, or 24%, including $480 million higher integrated air and missile defense sales from PAC-3 and THAAD production ramps and $330 million higher tactical and strike missile sales from GMLRS and PrSM ramps. source
- Nine-month MFC sales increased $1.8 billion, or 17%, including $1.2 billion higher integrated air and missile defense sales and $510 million higher tactical and strike missile sales from production ramps. source
- Quarterly product-sales growth included approximately $865 million at MFC, $845 million at Aeronautics, $225 million at Space, and $185 million at RMS. source
- Nine-month Aeronautics sales increased $1.5 billion, or 7%, primarily from $1.5 billion higher F-35 sales and $200 million higher F-22 sales, partly offset by $360 million lower F-16 sales. source
- Quarterly Aeronautics sales increased $958 million, or 13%, primarily from $710 million higher F-35 sales and $270 million higher C-130 sales, partly offset by $130 million lower F-16 sales. source
- Nine-month service sales increased $421 million, or 5%, including approximately $295 million at Aeronautics from higher F-35 sustainment volume and $115 million at RMS from the 2025 CMHP reach-forward-loss sales impact. source
- Nine-month Space sales increased $541 million, or 5%, primarily from $620 million higher strategic and missile-defense sales due to increased FBM and NGI volume. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +17.4% | Nine-month product sales increased $3.6 billion, or 8%, compared with the same period in 2025, including approximately $1.8 billion at… |
| revenue | positive | realized | +4.2% | Quarterly product-sales growth included approximately $865 million at MFC, $845 million at Aeronautics, $225 million at Space, and $185… |
| revenue | positive | realized | +4.1% | Quarterly product-sales growth included approximately $865 million at MFC, $845 million at Aeronautics, $225 million at Space, and $185… |
| revenue | positive | realized | +1.1% | Quarterly product-sales growth included approximately $865 million at MFC, $845 million at Aeronautics, $225 million at Space, and $185… |
| revenue | positive | realized | +0.9% | Quarterly product-sales growth included approximately $865 million at MFC, $845 million at Aeronautics, $225 million at Space, and $185… |