Lockheed Martin profit up but forecasts lower cash flow in 2020; shares slip

October 22, 2019 admin Business News Comments Off on Lockheed Martin profit up but forecasts lower cash flow in 2020; shares slip

Lockheed Martin Corp raised its estimate for 2019 earnings on Tuesday as quarterly profit climbed 9.2% amid improved sales of its F-35 fighter jets, but shares fell in premarket trading after it forecast lower cash flow next year.

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Source:: Reuters – Business News