Aerospace company Lockheed Martin (NYSE: LMT) released its fourth-quarter 2020 results.
The net sales increased by 7% to $17 billion from $15.9 billion last year. The net earnings for the year were $1.80 billion compared to $1.50 billion of the previous year.
The earnings per share increased by 20% to $6.38 per share from $5.29 per share.
The stock was trading at $346.57 at a premarket session on Tuesday morning with a rise of 2% compared to the previous close.