Lockheed Martin raises 2025 revenue and profit forecast due to high demand for fighter jets and munitions amid geopolitical tensions. Shares rise 3.2% before the bell. Aeronautics segment sales jump 11.9% to $7.26 billion, with recent major contracts for F-35 jets, CH-53K helicopters, and Patriot missiles.

Total revenue for Lockheed rises 8.8% to $18.61 billion in the third quarter, with profit per share at $6.95. New profit forecast for 2025 is $22.15 to $22.35 per share, up from previous estimate. Sales outlook raised to $74.25 billion, maintaining high end at $74.75 billion.

Read more at Yahoo Finance: Lockheed Martin lifts 2025 forecasts on robust defense demand