Replies to post #4 on Lockheed Martin Corp (LMT)

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Lockheed Martin Announces 2007 Fourth Quarter and Year-End Results
* Fourth quarter earnings per share up 13% to $1.89; Full year earnings per share up 22% to $7.10
* Fourth quarter net earnings up 10% to $799 million; Full year net earnings up 20% to $3.0 billion
* Fourth quarter net sales of $10.8 billion, level with 2006; Full year net sales up 6% to $41.9 billion
* Cash from operations of $420 million for the fourth quarter; $4.2 billion for the full year
* Increased outlook for 2008 net sales, operating profit, earnings per share, cash from operations and return on invested capital (ROIC)
BETHESDA, Md., Jan. 24 /PRNewswire-FirstCall/ -- Lockheed Martin Corporation (NYSE: LMT) today reported fourth quarter 2007 net earnings of $799 million ($1.89 per diluted share), compared to $729 million ($1.68 per diluted share) in 2006. Net sales were $10.8 billion in both the fourth quarter of 2007 and 2006. Cash from operations for the fourth quarter of 2007 was $420 million, compared to $333 million in 2006.

Net earnings for the year ended December 31, 2007 were $3.0 billion ($7.10 per share), compared to $2.5 billion ($5.80 per share) in 2006. Net sales for the year ended December 31, 2007 were $41.9 billion, a 6% increase over the $39.6 billion in the comparable 2006 period. Cash from operations for the year ended December 31, 2007 was $4.2 billion, compared to $3.8 billion in 2006. Return on Invested Capital (ROIC) was 21.4% for the year ended December 31, 2007 compared to 19.2% in 2006.

'I'm very proud of our performance across the board in 2007,' said Bob Stevens, Chairman, President and CEO. 'Our program execution was solid, we won important new business and we continued to shape a balanced business portfolio--all while achieving outstanding financial performance. This success is a tribute to our dedicated and talented employees who understand the important challenges that face our customers.'