Lockheed Martin Corp. on Tuesday reported a 56 percent increase in second-quarter profit, helped by strong sales of electronic missile systems and information technology services.
Lockheed, whose weapons and aircraft are staples of the U.S. military, also raised its full-year profit forecast, sending its shares higher. Second-quarter earnings rose to $461 million ($1.02 per diluted share), from $296 million (66 cents) a year earlier. Sales rose 6 percent to $9.3 billion.
