Lockheed Martin Reported Net Sales of $67.0 billion in 2021
US Defence Giant Lockheed Martin announced its 2021 income. The number one company on Top Defence List reached net sales of $67.0 billion in 2021.According to company press release, the fourth quarter of 2021 was $2.0 billion, or $7.47 per share, compared to $1.8 billion, or $6.38 per share, in 2020. Cash from operations was $4.3 billion in the fourth quarter of 2021, compared to $1.8 billion in 2020. Cash from operations in the fourth quarter of 2020 was after $1.0 billion of discretionary pension contributions."We closed the year on a strong note with solid growth in fourth-quarter sales, segment operating profit, and earnings per share, while cash exceeded our projections as we delivered on our customer commitments and drove strong execution," said Lockheed Martin Chairman, President and CEO James Taiclet.