Lockheed Martin profit climbs, expects lower cash flow in 2020; shares gain
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(Reuters) - Lockheed Martin Corp raised its estimate for 2019 earnings on Tuesday as quarterly profit climbed 9.2% amid improved sales of its F-35 fighter jets, sending shares higher even as it forecast a lower cash flow for next year.The company also said the "preliminary outlook for 2020 assumes there is no impact from U.S. Government actions related to Turkey." The U.S. and Turkey are embroiled in a dispute over a Russian missile defence system and its impact on Turkish defence purchases...