Lockheed Martin quarterly revenue rises 9.2%

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(Reuters) – Lockheed Martin Corp (N:), the Pentagon’s No.1 weapons supplier, reported a 9.2% rise in quarterly revenue on Tuesday, helped by higher sales in its aeronautics unit, which makes the F-35 fighter jets.

The company said the COVID-19 pandemic was causing issues such as delays of supplier deliveries, as it marginally lowered it full-year sales outlook, while keeping the earnings per share forecast unchanged.

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