{"id":63141,"date":"2019-01-29T17:57:56","date_gmt":"2019-01-29T09:57:56","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/lockheed-martin-space-systems-sees-slight-2018-revenue-increase\/"},"modified":"2019-01-29T17:57:56","modified_gmt":"2019-01-29T09:57:56","slug":"lockheed-martin-space-systems-sees-slight-2018-revenue-increase","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/lockheed-martin-space-systems-sees-slight-2018-revenue-increase\/","title":{"rendered":"Lockheed Martin Space Systems Sees Slight 2018 Revenue Increase"},"content":{"rendered":"<\/p>\n<p><strong>Lockheed Martin<\/strong> released its results for Fourth Quarter (Q4) 2018, as well as for the full year of 2018. Lockheed Martin\u2019s Space segment\u2019s net sales in Q4 2018 increased&nbsp;$49 million, or 2 percent, compared to the same period in 2017. The increase was primarily attributable to higher net sales of approximately&nbsp;$25 million&nbsp;for the Orion program due to higher volume; about&nbsp;$15 million&nbsp;for strategic and missile defense programs due to higher volume. and about&nbsp;$15 million&nbsp;for government satellite programs due to higher volume.<\/p>\n<p>As for for the entirety of 2018, Space\u2019s net sales increased&nbsp;$203 million, or 2 percent, compared to 2017. The increase was primarily attributable to higher net sales of approximately&nbsp;$225 million&nbsp;for strategic and missile defense programs due to higher volume and about&nbsp;$65 million&nbsp;for the Orion program due to higher volume. These increases were partially offset by a decrease of approximately&nbsp;$70 million&nbsp;for commercial satellite programs due to lower volume and about&nbsp;$25 million&nbsp;for government satellite programs due to lower volume.<\/p>\n<p>Space\u2019s operating profit in Q4 2018 increased&nbsp;$9 million, or 4 percent, compared to the same period in 2017. Additionally,&nbsp;Space\u2019s operating profit in 2018 increased&nbsp;$75 million, or 8 percent, compared to 2017.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lockheed Martin released its results for Fourth Quarter (Q4) 2018, as well as for the full year of 2018. Lockheed Martin\u2019s Space segment\u2019s net sales in Q4 2018 increased&nbsp;$49 million, or 2 percent, compared to the same period in 2017. The increase was primarily attributable to higher net sales of approximately&nbsp;$25 million&nbsp;for the Orion program [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":63143,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-63141","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/63141"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=63141"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/63141\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media\/63143"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=63141"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=63141"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=63141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}