Lockheed Martin reported mixed first quarter 2016 earnings results on April 26.
During the quarter, Lockheed Martin posted revenues of $11.7 billion and earnings per share of $2.58. Thompson Reuters analysts had predicted revenues of $11.34 billion and earnings per share of $2.59. During the same quarter last year, the company had revenues of $10.11 billion and earnings per share of $2.74.
Net earnings of $794 million was down from $878 million during the first quarter of 2015.
The Bethesda, Md.-based company operates a Goleta facility, which makes electro-optical infrared imaging systems for aircraft and satellites. In November, the facility celebrated its 30th anniversary.
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