Lockheed Martin Q4 2024 Earnings Report: Decline in Profits Amid Technical Challenges

Lockheed Martin’s fourth-quarter 2024 financial results highlighted a significant drop in earnings, driven by setbacks in the F-35 program and technical challenges with classified projects. Despite surpassing revenue expectations, the company’s cautious 2025 outlook reflects ongoing issues that could impact its growth potential. With a robust $176 billion backlog, Lockheed remains hopeful for long-term success but faces key hurdles in the near future.