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Analysis of Revenues
Revenues as Reported
Lockheed Martin Corp., Income Statement, Revenues
US$ in millions
|12 months ended:||Dec 31, 2020||Dec 31, 2019||Dec 31, 2018||Dec 31, 2017||Dec 31, 2016|
|Missiles and Fire Control (MFC)|
|Rotary and Mission Systems (RMS)|
|Net sales||Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss).||Lockheed Martin Corp.’s net sales increased from 2018 to 2019 and from 2019 to 2020.|