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From: Reuters
Published January 24, 2008 06:37 AM

Lockheed Martin profit rises

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NEW YORK (Reuters) - Lockheed Martin Corp <LMT.N> said on Thursday fourth-quarter profit rose, helped by strong sales of its electronic warfare and space systems.

The world's largest defense contractor, which makes F-16 fighter jets and Patriot missiles, and carries out a host of civil government services, reported quarterly profit of $799 million, or $1.89 per share, compared with $729 million, or $1.68 per share, in the year-earlier quarter.

(Reporting by Bill Rigby; Editing by Derek Caney)

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