FOXBusiness.com: Lockheed sees material effect of budget cuts on sales, earnings

FOXBusiness.com FOX Business Network - The Power to Prosper

Lockheed sees material effect of budget cuts on sales, earnings Mar 1st 2013, 00:14 WASHINGTON, Feb 28 (Reuters - Lockheed Martin Corp, the Pentagon's largest supplier, on Thursday said its programs could be materially reduced, delayed or canceled if Congress does not avert across-the-board budget cuts due to take effect Friday, which would drive sales and earnings lower than projected.

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