Lockheed Martin Earnings Preview: Defense Business Likely Propelled Growth Last Quarter

Lockheed Martin (NYSE: LMT) is all set to release earnings on January 26th. Last quarter, the company performed better than expected, posting a 3% increase in their top line. LMT is the only company among its competitors to beat the expectations of analysts for the quarter. This is primarily due to an increase in the production and sales of its F-35 Joint Strike Fighter Program. Additionally, the company has also concluded the acquisition of Sikorsky in early November and thus benefited from two...