BETHESDA, MD – Lockheed Martin has released fourth-quarter and year-end results. Net earnings for the quarter rose 3% to $823 million or $2.05 per diluted share. For the year ended December 31, they increased 6% to $3.2 billion, $7.86 per share.
 
Fourth-quarter net sales were $11.1 billion, up from 2007 sales of $10.8 billion. For the year, they rose 2% to $42.7 billion, up from $41.9 billion last year.
 
Cash from operations for the quarter were $997 million, compared to $425 million in 2007. For the year, the figure came in at $4.4 billion.