8-KEarnings & ResultsExhibits & Filings

LOCKHEED MARTIN CORP 8-K Report, Financial Results (Jul 18, 2023)

Filed July 18, 2023For Securities:LMT

Summary

Lockheed Martin Corporation (LMT) has filed an 8-K report on July 18, 2023, primarily to furnish its earnings release for the second quarter ended June 25, 2023. This filing provides investors with the company's latest financial performance data, including key metrics related to revenue, net income, and earnings per share. The information contained in the furnished news release is crucial for understanding LMT's operational execution and financial health during the reporting period. While the 8-K itself is procedural, the attached earnings release (Exhibit 99.1) is the substance for investors. It details the company's financial results and likely includes management's commentary on segment performance, backlog, and future outlook. Investors should review this release carefully to assess how LMT is performing against expectations and in the broader defense industry landscape. It's important to note that the earnings release is furnished, not filed, meaning it's provided for informational purposes without the same legal implications as a formally filed document under certain SEC provisions.

Key Highlights

  • 1LMT filed an 8-K on July 18, 2023, to report Q2 2023 financial results.
  • 2The key information is contained within the furnished earnings release (Exhibit 99.1).
  • 3The earnings release covers the financial performance for the quarter ended June 25, 2023.
  • 4Investors can find details on revenue, net income, and EPS in the earnings release.
  • 5The filing is procedural, with the earnings release being the material investor information.
  • 6Exhibit 99.1 is furnished, not filed, under Section 18 of the Securities Exchange Act of 1934 or incorporated by reference into other filings.

Frequently Asked Questions

The main purpose of this 8-K filing is to formally present Lockheed Martin Corporation's earnings release for the second quarter ended June 25, 2023, which was issued on July 18, 2023. It serves as an official notification to investors and the market about the company's latest financial results.

The detailed financial results, including revenue, net income, earnings per share, and potentially management's commentary, are located in Exhibit 99.1, which is the news release furnished with this 8-K filing.

No, the earnings release (Exhibit 99.1) is 'furnished' rather than 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934. This means it is provided for informational purposes and does not carry the same legal liability as a document that is formally filed with the SEC.

It means that the earnings release is attached to the 8-K filing as an exhibit. Investors should refer to this exhibit for the substance of the financial report, but it's important to understand the legal distinction between 'furnished' and 'filed' regarding liability and incorporation into other SEC filings.