Lockheed Martin’s Space segment saw a 4% year-over-year revenue increase in 2025, driven by sales for strategic and missile defense programs and the Orion spacecraft program for NASA. Lockheed Martin posted full-year 2025 sales on Thursday, reporting $13 billion in Space sales. However, Lockheed Martin reported $40 million of lower equity earnings from United Launch Alliance, which is a joint venture of Boeing and Lockheed Martin. Looking to 2026, Lockheed Martin is forecasting Space sales in the range of $13.5 billion to $13.8 billion. Overall, Lockheed Martin reported $75 billion in sales in 2025, up 6% year-over-year.