Lockheed Sees Slight Revenue Decreases Continuing Into 2015

• Lockheed Martin reported Q3 2014 sales down 2% to $11.1B, a trend that they expect will continue through next year. That was reflected in all segments but Space Systems. At $76.5B, total backlog is $6.1B below where it was at the end of 2013, most of that decline being found in aeronautics. Yet they’ve delivered just 18 aircraft this quarter.