Analysis of Revenues
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Revenues as Reported
Lockheed Martin Corp., income statement, revenues
US$ in millions
| 12 months ended: | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Aeronautics | |||||||||||
| Missiles and Fire Control (MFC) | |||||||||||
| Rotary and Mission Systems (RMS) | |||||||||||
| Space | |||||||||||
| Net sales |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
| Item | Description | The company |
|---|---|---|
| Net sales | Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). | Lockheed Martin Corp. net sales decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level. |