Lockheed Martin beat EPS by 10%, posted a record $230B backlog and raised guidance. Backlog is the whole story in defense — that's revenue visibility locked in years ahead, not a one-quarter pop.
EPS beat 10% and raised guidance on $230B record backlog.
What changed
EPS beat 10% and raised guidance on $230B record backlog.
Why it matters
EPS beat 10% and raised guidance on $230B record backlog. — impact context not separately stored; see What changed.