An increase indicates rising cost pressures or technical difficulties in major aerospace programs, while a decrease suggests improved program execution and cost control.
This metric represents the recognition of anticipated losses on long-term fixed-price contracts within the aeronautics s...
Similar to 'contract loss provisions' or 'onerous contract charges' found in the financial statements of other major defense and aerospace contractors.
lmt_segment_aeronautics_select_program_losses| Q2 '25 | |
|---|---|
| Value | $950.00M |
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