Lockheed Martin (LMT) Ends 2025 With $194B Backlog, 6% Sales Growth

Lockheed Martin (LMT) reported a $194 billion backlog, a 6% increase year-over-year, and annual sales of $75.05 billion, also up 6%. Free cash flow rose 30.7% to $6.9 billion. The company's trailing P/E ratio is 29, with a dividend yield of 2.17%. Venture Global (VG) posted $13.8 billion in revenue, marking a significant 177% rise, and a net income of $2.3 billion, up 53%. The geopolitical tensions regarding Iran could drive further demand for LMT's defense products and U.S. LNG exports, benefiting both companies significantly.