Lockheed awarded $10M contract from U.S. Naval Sea Systems Command The Naval Sea Systems Command awarded Lockheed Martin a contract option worth approximately $10M to support the Navy's intermediate-level maintenance activities for all MK-48 torpedoes. This is the first option exercised from a contract awarded in 2013 and brings the total contract value to more than $18M. Work on this contract is performed at the Navy's facility in Pearl Harbor, Hawaii.
Lockheed Martin raises FY15 EPS to $10.85-$11.15 from $10.80-$11.10 FY15 EPS consensus of $11.14. Backs FY15 revenue $43.5B-$45B, consensus $44.65B. Backs FY15 orders $43.5B-$45B. Raises FY15 consolidated operating profit to $5.35B-$5.5B from $5.3B-$5.45B. Raises FY15 business segment operating profit to $5.15B-$5.3B from $5.1B-$5.25B.