Treasury
3-MO 3.90% +6bp 6-MO 4.02% +8bp 1-YR 4.15% +11bp 2-YR 4.34% +14bp 3-YR 4.41% +11bp 5-YR 4.48% +10bp 7-YR 4.59% +7bp 10-YR 4.73% +6bp 20-YR 5.21% +3bp 30-YR 5.22% +3bp 3-MO 3.90% +6bp 6-MO 4.02% +8bp 1-YR 4.15% +11bp 2-YR 4.34% +14bp 3-YR 4.41% +11bp 5-YR 4.48% +10bp 7-YR 4.59% +7bp 10-YR 4.73% +6bp 20-YR 5.21% +3bp 30-YR 5.22% +3bp 3-MO 3.90% +6bp 6-MO 4.02% +8bp 1-YR 4.15% +11bp 2-YR 4.34% +14bp 3-YR 4.41% +11bp 5-YR 4.48% +10bp 7-YR 4.59% +7bp 10-YR 4.73% +6bp 20-YR 5.21% +3bp 30-YR 5.22% +3bp 3-MO 3.90% +6bp 6-MO 4.02% +8bp 1-YR 4.15% +11bp 2-YR 4.34% +14bp 3-YR 4.41% +11bp 5-YR 4.48% +10bp 7-YR 4.59% +7bp 10-YR 4.73% +6bp 20-YR 5.21% +3bp 30-YR 5.22% +3bp 3-MO 3.90% +6bp 6-MO 4.02% +8bp 1-YR 4.15% +11bp 2-YR 4.34% +14bp 3-YR 4.41% +11bp 5-YR 4.48% +10bp 7-YR 4.59% +7bp 10-YR 4.73% +6bp 20-YR 5.21% +3bp 30-YR 5.22% +3bp 3-MO 3.90% +6bp 6-MO 4.02% +8bp 1-YR 4.15% +11bp 2-YR 4.34% +14bp 3-YR 4.41% +11bp 5-YR 4.48% +10bp 7-YR 4.59% +7bp 10-YR 4.73% +6bp 20-YR 5.21% +3bp 30-YR 5.22% +3bp
US Treasury par yield curve · Aug 28 · Source: U.S. Treasury
Monday, August 31, 2026
U.S. Edition
Finance

Lockheed Martin earned $7.94 a share, against $1.46 a year ago when program losses gutted the quarter

A photograph illustrating aircraft aluminum panel rivets macro. Stock photo
Stock photo. Not the actual scene. Photo: Jan van der Wolf / Pexels

The comparison does most of the work. Lockheed Martin earned $7.94 a share in the second quarter, against $1.46 in the same quarter of 2025, and the gap sits mostly in last year, not this one. The 2025 figure carried $1.6bn of program losses and $169m of other charges.

Sales rose 11 percent to $20.1bn from $18.2bn. Net earnings were $1.8bn. Cash from operations reached $3.2bn, against $201m a year earlier, and free cash flow was $2.9bn, against negative $150m. Backlog set a record at $230bn, including a multi-year contract to produce THAAD interceptors.

New orders in the quarter came to $65bn. The company raised its 2026 outlook to sales of about $79.75bn to $81.75bn, up from a range that topped out at $80bn in April, and diluted earnings of about $29.95 to $30.65 a share. Chairman, President and CEO Jim Taiclet tied the result to the company's 21st Century Security strategy. Lockheed also noted a pending agreement to acquire Ultra Maritime, which the guidance does not yet include.