Lockheed Martin Corporation announced unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2015. For the quarter, the company reported net sales of $12,917 million against $12,530 million a year ago. Operating profit was $1,281 million against $1,342 million a year ago. Earnings from continuing operations before income taxes were $1,163 million against $1,258 million a year ago. Net earnings were $933 million against $904 million a year ago. Diluted earnings per common share were $3.01 against $2.82 a year ago. Cash from operations was $1.4 billion compared to cash used in operations of $201 million a year ago.

For the year, the company reported net sales of $46,132 million against $45,600 million a year ago. Operating profit was $5,436 million against $5,592 million a year ago. Earnings from continuing operations before income taxes were $5,023 million against $5,258 million a year ago. Net earnings were $3,605 million against $3,614 million a year ago. Diluted earnings per common share were $11.46 against $11.21 a year ago. Net cash provided by operating activities was $5,101 million against $3,866 million a year ago. Capital expenditures were $939 million against $845 million a year ago.

For the year 2016, the company net sales will be in the range of $49,500 million to $51,000 million. Consolidated operating profit will be in the range of $5,600 million to $5,750 million. Diluted earnings per share will be in the range of $11.45 to $11.75. Cash from operations will be greater than $5,300 million.