UPDATE: Lockheed Martin Posts Lower Q4 Earnings
January 23, 2014 at 06:55 AM EST
Lockheed Martin (NYSE: LMT ) reported downbeat earnings for the fourth quarter. Lockheed Martin's quarterly net earnings from continuing operations declined 14.2% to $488 million, or $1.50 per share, versus a year-ago profit of $569 million, or $1.73 per share. Its revenue fell to $11.5 billion from $12.1 billion. However,