Lockheed Martin LMT RMS — Contract Assets
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Where this comes from
Reported directly by Lockheed Martin in its filing.
Tagged under the XBRL concept us-gaap:ContractWithCustomerAssetNet.
The official record: Lockheed Martin’s 10-Q, filed July 23, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Lockheed Martin's RMS — contract assets?
- Lockheed Martin (LMT) reported RMS — contract assets of $585M in Q2 2026.
- How has Lockheed Martin's RMS — contract assets changed year-over-year?
- Lockheed Martin's RMS — contract assets decreased by 14.0% year-over-year, from $680M to $585M.
- What does RMS — contract assets mean?
- Contract assets represent the value of work performed on long-term contracts for which the company has not yet reached the contractual right to bill the customer. This typically occurs when revenue is recognized over time but billing milestones are tied to specific delivery or completion events. It is a key indicator of working capital tied up in unbilled production.