Lockheed Martin (NYSE: LMT) reported quarterly earnings of $7.94 per share which beat the analyst consensus estimate of $7.09 by 11.99 percent. This is a 8.92 percent increase over earnings of $7.29 per share from the same period last year. The company reported quarterly sales of $20.063 billion which beat the analyst consensus estimate of $19.344 billion by 3.71 percent. This is a 10.51 percent increase over sales of $18.155 billion the same period last year.