Lockheed Martin Sales Disappointed, and It Will Get Worse. The Stock Is Tumbling.

Lockheed Martin‘s third-quarter income were worse than Wall Street expected—but the existent atrocious quality is that the institution expects gross to autumn abbreviated of its full-year goals and to diminution further successful 2022.

The downbeat presumption connected income clouded retired the company’s earnings, which bushed expectations. Lockheed Martin banal dropped much than 8% successful U.S. premarket trading Tuesday. The shares person climbed 9.2% successful 2021.

The...