The American defense group Lockheed Martin increased its profit and turnover in the second quarter. The creator of fighter aircraft, rockets and radar systems sees in the results reason to adjust his expectations for the whole year upwards.

Lockheed Martin recorded sales of $ 14.4 billion in the second quarter, compared to 13.4 billion a year earlier. Among other things, the aviation division delivered combat aircraft of the F-35 type, also known as the Joint Strike Fighter. In addition, the company won a major maintenance contract for the pricey fighter jets. Partly for this reason Lockheed Martin had a record amount of assignments on the shelf.

Below the line, the group had more than $ 1.4 billion, compared to just under $ 1.2 billion a year earlier. For the current financial year, Lockheed Martin now expects earnings per share to be at least $ 20.85, while in April the company assumed a maximum of $ 20.35 earnings per share. The forecast for sales was also increased to at least $ 58.25 billion.

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