Lockheed Martin raises 2019 forecast as quarterly profit climbs 9.2%
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(Reuters) - Lockheed Martin Corp raised its forecast for 2019 earnings as it reported a 9.2% rise in quarterly profit on Tuesday, helped by increased sales in its aeronautics business, which makes F-35 fighter jets.The company raised its per-share profit estimate for the year by 1.9% to $21.55 from $21.15, the high point of a previous guidance.Lockheed's stock was down about 2.4% in premarket trading. Net income rose to $1.61 billion (£1.24 billion), or $5.66 per share, in the third quarter..