Lockheed Martin Receives $140M in Tariff Refunds
Lockheed Martin received approximately $140 million in refunds related to prior tariff assessments, according to an SEC filing. The company said it does not currently expect existing tariffs to have a material long-term impact on its operations.
LMT
Lockheed Martin disclosed in a recent SEC filing that it received about $140 million in refunds tied to previously assessed tariffs during the six-month period ending June 28.
The defense contractor also stated that it does not anticipate existing tariffs will have a material long-term effect on its financial results. The refunds provide a short-term boost but the company's outlook on tariff impacts remains neutral.
Source: First Squawk