Stock Analysis on Net
Stock Analysis on Net
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Lockheed Martin Corp. (NYSE:LMT)

Analysis of Revenues

Advanced level

Revenues as Reported

Lockheed Martin Corp., Income Statement, Revenues

US$ in millions

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12 months ended: Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Aeronautics 23,693  21,242  20,148  17,769  15,570 
Information Systems & Global Solutions (IS&GS) —  —  —  —  5,596 
Missiles and Fire Control (MFC) 10,131  8,462  7,212  6,608  6,770 
Rotary and Mission Systems (RMS) 15,128  14,250  14,215  13,462  9,091 
Space 10,860  9,808  9,473  9,409  9,105 
Net sales 59,812  53,762  51,048  47,248  46,132 

Based on: 10-K (filing date: 2020-02-07), 10-K (filing date: 2019-02-08), 10-K (filing date: 2018-02-06), 10-K (filing date: 2017-02-09), 10-K (filing date: 2016-02-24).

Item Description The company
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 2017 to 2018 and from 2018 to 2019.