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Lockheed Martin Stock Jumps 10.6% on Record Backlog, Raised Guidance

Lockheed Martin Stock Jumps 10.6% on Record Backlog, Raised Guidance

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as given. Translate text inside tags. Also note that numbers: use period for thousands? In Norwegian, we use space or period? Typically in Norwegian, we use space as thousand separator, but in financial contexts often period? Actually, in Norwegian, decimal comma is used, and thousand separator is space or period? For consistency, I'll keep the original format with commas for thousands? Original uses commas: $20.1 billion, $1.8 billion, $7.94, $65 billion, $230.4 billion, $79.75 billion, $81.75 billion, $7 billion. In Norwegian, we would write 20,1 milliarder dollar, 1,8 milliarder dollar, 7,94 dollar, 65 milliarder dollar, 230,4 milliarder dollar, 79,75 milliarder dollar, 81,75 milliarder dollar, 7 milliarder dollar. But careful: The original uses period as decimal separator and comma as thousand separator? Actually, in US English, period is decimal, comma is thousand. In Norwegian, it's opposite: comma decimal, period thousand. But for numbers like 10.6% we keep decimal comma: 10,6%. For billions, we can write "20,1 milliarder dollar" but the original has $20.1 billion. I'll use Norwegian style: 20,1 milliarder dollar. However, the original uses $ sign before number. In Norwegian, we often put $ after? Actually, we can keep $ before or after. I'll keep $ before for consistency with original, but use Norwegian decimal comma. Example: $20,1 milliarder. But "milliarder" is plural. For $1.8 billion -> $1,8 milliarder. For $7.94 -> $7,94. For $65 billion -> $65 milliarder. For $230.4 billion -> $230,4 milliarder. For $79.75 billion -> $79,75 milliarder. For $81.75 billion -> $81,75 milliarder. For $7 billion -> $7 milliarder. Also note: "billion" in Norwegian is "milliard". "million" is "million". So careful: $65 billion is 65 milliarder, not 65 billioner. Also "Q2" -> "andre kvartal" or keep Q2? In Norwegian financial news, often keep Q2. I'll keep Q2. "second-quarter" -> "andre kvartal". Title: "Lockheed Martin Stock Jumps 10.6% on Record Backlog, Raised Guidance" -> "Lockheed Martin-aksjen stiger 10,6 % etter rekordhøy ordrereserve og oppjustert prognose" But note: "Jumps" is past tense, but in Norwegian we can use present tense "stiger" or past "steg". Original is present tense "Jumps" in headline. In Norwegian, often present tense for headlines. I'll use "stiger". Content: First paragraph: "Lockheed Martin shares surged about 10.6% on July 23 after the defense contractor posted second-quarter earnings that beat analyst expectations. The company reported $20.1 billion in sales for the quarter, up 11% from a year earlier, and net earnings of $1.8 billion, or $7.94 per diluted share." -> "Lockheed Martin-aksjen steg omtrent 10,6 % den 23. juli etter at forsvarsentreprenøren la frem resultater for andre kvartal som slo analytikernes forventninger. Selskapet rapporterte $20,1 milliarder i salg for kvartalet, opp 11 % fra året før, og et nettoresultat på $1,8 milliarder, eller $7,94 per utvannet aksje." Note: "surged" -> "steg". "posted" -> "la frem". "beat" -> "slo". "diluted share" -> "utvannet aksje". Second paragraph: "

Pentagon restocking and allied procurement fuel demand

" -> "

Pentagons gjenoppbygging og alliert innkjøp driver etterspørselen

" Then: "The defense giant is benefiting from a broad restocking cycle driven by the Pentagon and allied nations. With global tensions high, governments are replenishing inventories and placing new orders for advanced weapons systems. Lockheed Martin's new orders in Q2 totaled $65 billion, pushing its backlog to a record $230.4 billion. That figure represents years of contracted work, giving the company strong visibility into future revenue." -> "Forsvarsgiganten drar nytte av en bred gjenoppbyggingssyklus drevet av Pentagon og allierte nasjoner. Med høye globale spenninger fyller regjeringer opp lagrene og legger inn nye bestillinger på avanserte våpensystemer. Lockheed Martins nye ordrer i Q2 utgjorde $65 milliarder, noe som presset ordrereserven til en rekordhøy $230,4 milliarder. Dette tallet representerer år med kontraktsarbeid, og gir selskapet sterk synlighet i fremtidige inntekter." Then: "Management raised its full-year 2026 revenue guidance to a range of $79.75 billion to $81.75 billion, up from previous estimates. Free cash flow guidance was also lifted to more than $7 billion for the year. The defense restocking cycle is expected to last multiple years, which could sustain demand for Lock