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Lockheed Martin Corp (NYSE: LMT) reported a third-quarter FY21 net sales decline of 2.8% year-over-year to $16.03 billion, missing the consensus of $17.12 billion. Aeronautics sales of $6.57 billion (-1.7% Y/Y); operating margin 10.9%, up by 30 bps, and backlog at the end of the quarter was $47.89 billion.
...read full article on Benzinga
