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Lockheed Martin
LMT reported a gain in its first-quarter profit and lifted its 2014 earnings forecast.
Lockheed Martin's quarterly profit surged to $933 million, versus a year-ago profit of $761 million. Its per-share earnings rose to $2.87 versus $2.33.
Its sales fell to $10.65 billion.
Lockheed Martin now expects 2014 earnings outlook to $10.50 to $10.80 per share.
Lockheed Martin shares closed at $161.49 yesterday.
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