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CLAIM #37805 · Lockheed Martin Corporation (LMT) · 2026Q1 earnings call · Apr 23, 2026 · due Dec 31, 2026

we expect to see successive sales and margin growth throughout the year with strength to get to our total year guidance.

James Taiclet · CEO

CANNOT_DETERMINE
resolved by a revision, graded at the moved level · official band 5 percent
Committed
we expect to see successive sales and margin growth throughout the year with strength to get to our total year guidance
Reported
On a year-over-year basis, every segment will grow faster in the second half of 2026, continuing the acceleration we posted in Q2.

How to check this claim

Look at: Total sales and segment operating margin, sequential quarter-over-quarter progression through fiscal year, and full-year results versus guidance

It came true if: Q2, Q3, Q4 each show sequential increases in sales and margin versus prior quarter, and full-year sales and segment margin land within the company's issued full-year guidance range

Where: Quarterly income statement and segment results (10-Q/10-K filings and quarterly earnings releases)

In context

I think one of the positive points, as you pointed out here is the F-35 production margins. That's accretive to overall aero margins. We've seen some real strength in performance on our deliveries that you've seen as well as our cost performance. So I think that's looking good. RMS we had some cost growth on some of the programs there and a lot of material timing that we expect to be just sort of a quarterly anomaly as well as sort of a difficult compare to last year Q1 as we had several onetime profit events that make it a tough compare. If you look at just the quarter in context with comparing quarter-over-quarter, all those onetime charges across 3 BAs accounted for about $190 million of sales and about $240 million of profit. So when you sort of net that out, we see the Q1 is on track we expect to see successive sales and margin growth throughout the year with strength to get to our total year guidance. Thank you. Operator: Your next question comes from Seth Seifman with JPMorgan. Seth Seifman: I wonder if you could talk a little bit about the the multiyear contracts that you're looking to sign in Missiles and Fire Control, and obviously, a lot of important opportunity there for the company. But can you also help us think a little bit about the risk side? Are you signing up and committing to reach these significantly higher production rates in the out years? And how do we think about what the financial downside could be for the company if these rates aren't reached? James Taiclet: So as far as the tripling or quadrupling of production rates, that's going to have to be a team effort in the U.S. government and us and our major suppliers certainly have all locked arms on how to get that don

Verify independently

SEC filings for LMT · Claim quote is verbatim from the 2026Q1 earnings call.