洛克希德·马丁三季度销售额207.11亿美元增11%：每股收益7.97美元 积压订单约2,920亿美元创纪录 再上调全年指引
贝塞斯达——美国国防承包商洛克希德·马丁公司10月22日通过 PR Newswire 发布2026年第三季度业绩。截至2026年9月27日的季度，公司销售额为207.11亿美元，同比增长11%（去年同期186.09亿美元）；净利润18.45亿美元，同比增长14%（去年同期16.19亿美元）；摊薄每股收益7.97美元（去年同期6.95美元）。
公司三季度分部营业利润为22.29亿美元，合并营业利润24.43亿美元；经营现金流34.38亿美元，资本支出4.39亿美元，自由现金流29.99亿美元。季末积压订单升至约2,920亿美元，创公司纪录。
四个业务分部三季度销售额全部同比增长：航空分部增长13%，导弹与火控分部增长约24%，旋转与任务系统分部增长3%，航天分部增长4%。
公司再次上调2026年全年指引：销售额预期上调至800亿至820亿美元（此前为797.5亿至817.5亿美元），每股收益预期上调至30.35至30.75美元（此前为29.95至30.65美元），为连续第二个季度上调指引。
董事长、总裁兼首席执行官 Jim Taiclet 在业绩稿中说：「第三季度，我们四个分部的销售额全部实现同比增长，销售额超过207亿美元、净利润超过18亿美元，分别增长11%和14%。本季度我们交付了30亿美元自由现金流，积压订单增至创纪录的2920亿美元，并得以连续第24年提高股息。整个产品组合持续的财务势头，让我们有信心上调销售额、每股收益和自由现金流的全年展望，这是我们连续第二个季度上调财务指引。」
当季业绩高于市场预期（销售额预期约204.4亿美元、每股收益预期7.52美元）。积压订单环比增长27%至2,919.8亿美元，主要来自一笔525亿美元的PAC-3 MSE拦截弹多年期合同；导弹与火控分部受PAC-3与THAAD产量上升推动，航空分部增量来自F-35与C-130项目。公司同时将全年自由现金流预期由70亿至72亿美元上调至78亿至80亿美元，并披露与美国国防部达成为期10年、覆盖850架美军F-35战机的框架协议；公司提示，与美国政府关于F-35第20批次及后续批次生产合同的谈判仍在进行，若授权与资金不到位，未来经营与现金流可能受到影响。业绩公布后，公司股价10月22日上涨约6%至7%。
关联：战争部与洛克希德·马丁敲定十年F-35框架协议：至少850架 洛马自筹至少70亿美元
Lockheed Martin Q3 Sales Rise 11% to $20.71 Billion, EPS $7.97; Backlog Hits Record $292 Billion as Company Raises Full-Year Outlook Again
BETHESDA, Md. — Lockheed Martin reported third-quarter 2026 results on Thursday, October 22, in a release distributed by PR Newswire. For the quarter ended September 27, 2026, sales were $20.711 billion, up 11% from $18.609 billion a year earlier; net earnings were $1.845 billion, up 14% from $1.619 billion; and diluted earnings per share were $7.97, compared with $6.95 a year earlier.
Business segment operating profit was $2.229 billion and consolidated operating profit $2.443 billion in the quarter. Cash from operations was $3.438 billion, capital expenditures $439 million, and free cash flow $2.999 billion. The company's backlog rose to a record of about $292 billion at quarter-end.
All four business segments grew sales year over year in the quarter: Aeronautics rose 13%, Missiles and Fire Control rose about 24%, Rotary and Mission Systems rose 3%, and Space rose 4%.
The company raised its 2026 outlook for the second consecutive quarter, lifting the sales range to $80 billion-$82 billion from $79.75 billion-$81.75 billion, and the earnings-per-share range to $30.35-$30.75 from $29.95-$30.65.
"In the third quarter each of our four segments posted growth year-over-year, sales topped $20.7 billion and net earnings exceeded $1.8 billion, increases of 11% and 14% respectively," Chairman, President and CEO Jim Taiclet said in the release. "We delivered $3 billion of free cash flow in the quarter, and increased our backlog to a record $292 billion, allowing us to raise our dividend for the 24th year in a row. The sustained financial momentum across our portfolio gives us confidence to increase our outlook for sales, earnings per share and free cash flow, the second consecutive quarter we have raised our financial guidance."
Results came in above consensus (about $20.44 billion in sales and $7.52 in earnings per share had been expected). Backlog rose 27% sequentially to $291.98 billion, driven by a $52.5 billion multi-year award for PAC-3 MSE interceptors; Missiles and Fire Control growth reflected higher PAC-3 and THAAD production, and Aeronautics growth came from the F-35 and C-130 programs. The company also raised its full-year free cash flow outlook to $7.8 billion-$8 billion from $7.0 billion-$7.2 billion, and disclosed a 10-year framework agreement with the U.S. Department of War covering 850 U.S. F-35 fighters. It noted that negotiations with the U.S. government over F-35 Lot 20 and later production contracts are continuing, and that future operations and cash flow could be affected if authorization and funding are not received. Shares rose roughly 6% to 7% on October 22.
来源：GSM·美国（原文链接）
图片来源：图：F-35「闪电II」各机型在佛罗里达州埃格林空军基地附近编队飞行（2014年资料图）。照片：美国空军 Katerina Slivinske 上士，公共领域，经Wikimedia Commons。F-35 Lightning II variants in flight near Eglin Air Force Base, Florida, in 2014 (file photo). Photo: U.S. Air Force photo by Staff Sgt. Katerina Slivinske, public domain, via Wikimedia Commons.
