Last year was very good for the world’s No. 1 defense contractor — especially for one of its divisions, which has its largest location in Orlando. However, politics may cut into the company’s celebration.
Lockheed Martin (NYSE: LMT) released its fourth-quarter earnings on Jan. 29, closing out 2018 and it was good: Lockheed posted record revenue of $53.8 billion for the year, an 8 percent bump, as well as earnings per share of $17.59 (a 33 percent increase thanks in part to last year’s tax cut) and a backlog of $130 billion, another record. Read more here.