Lockheed Martin Corporation (NYSE: LMT) has reported third quarter 2009 net earnings of $797 million ($2.07 per diluted share), compared to $782 million ($1.92 per diluted share) in 2008. Net earnings in 2009 included higher pension expense as disclosed in our January 22, 2009 earnings release and in our 2008 Form 10-K. The third quarter of 2009 included a FAS/CAS pension adjustment of ($113) million and an unusual tax benefit of $58 million from the resolution of an IRS examination. These items together decreased third quarter 2009 net earnings by $15 million ($0.04 per share). The third quarter of 2008 included a FAS/CAS pension adjustment of $32 million and an unusual gain of $44 million, which together increased net earnings by $49 million ($0.12 per share). Net sales for the third quarter of 2009 were $11.1 billion, compared to $10.6 billion in 2008. Cash from operations for the third quarter of 2009 was $1.4 billion, compared to $1.1 billion in 2008. To read the entire report, access this direct link.