lockheed martin corp lmt posted strongerthanexpected secondquarter earnings on tuesday and raised its fullyear guidance the stock rose 07 premarket the aerospace and defense company posted net income of 17 billion or 663 a share up from 309 million or 116 per share in the yearearlier period the yearago figure includes a 15 billion noncash nonoperating pension settlement charge sales rose to 167 billion from 154 billion the factset consensus was for eps of 645 and sales of 15923 billion the company is now expecting fullyear eps of 2700 to 2720 up from prior guidance of 2660 to 2690 it expects sales to range from 66250 billion to 66750 billion up from prior guidance of 65000 billion to 66000 billion the stock has fallen 34 in the year to date while the sp 500 spx has gained 178