Lockheed Martin Corporation provided earnings guidance for the year 2019. For the year, the company expects net sales in the range of $55,750 million - $57,250 million, Diluted earnings per share in the range of $19.15 - $19.45, Consolidated operating profit (GAAP) in the range of $7,885 million - $8,035 million.

In the fourth quarter of 2018, the corporation recognized a non-cash asset impairment charge of $110 million ($83 million, or $0.29 per share, after tax, for the fourth quarter and year ended Dec. 31, 2018).