Companies Expecting U.S. Approval of ULA Merger in June

摘要

Lockheed Martin said its Space Systems division posted sharply higher operating-profit margins of 9.8 percent for the first three months of 2006, but that its Atlas rocket business and its commercial-satellite division remain no more than break-even operations. While those businesses remain low margin operations, space and missile defense work for the U.S. Department of Defense were responsible for the division's strong profit performance, said Lockheed Martin Chief Financial Officer Christopher E. Kubasik during an April 25 presentation of the company's financial performance.