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Lockheed CFO sees $1 bln drop in Q3 revenues
WASHINGTON, July 24 |
WASHINGTON, July 24 (Reuters) - Lockheed Martin Corp Chief Financial Officer told analysts on an earnings call:
- that third-quarter revenues would likely be about $1 billion lower than in the year-earlier period, mainly due to decreases in aeronautics and space systems
- that third-quarter segment operating margins would be comparable to the year-earlier period, while cash from operations would exceed $1 billion.
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