v3.25.1
INFORMATION ON BUSINESS SEGMENTS (Tables)
 3 Months Ended
Mar. 30, 2025
Segment Reporting [Abstract]  
Schedule of Operating Results and Total Assets for Each Business Segment
Summary operating results for each of our business segments were as follows (in millions):
 Quarters Ended
March 30,
2025		March 31,
2024
Sales
Aeronautics$7,057 $6,845 
Missiles and Fire Control3,373 2,993 
Rotary and Mission Systems4,328 4,088 
Space 3,205 3,269 
Total sales$17,963 $17,195 
Operating costs and expenses
Aeronautics$6,337 $6,170 
Missiles and Fire Control2,908 2,686 
Rotary and Mission Systems3,858 3,665 
Space2,821 2,966 
Total operating costs and expenses$15,924 $15,487 
Operating profit (a)
Aeronautics$720 $679 
Missiles and Fire Control465 311 
Rotary and Mission Systems 521 430 
Space 379 325 
Total business segment operating profit2,085 1,745 
Unallocated items
FAS/CAS pension operating adjustment379 406 
Intangible asset amortization expense(64)(61)
Other, net
(28)(61)
Total unallocated items287 284 
Total consolidated operating profit$2,372 $2,029 
Intersegment sales
Aeronautics$89 $70 
Missiles and Fire Control169 202 
Rotary and Mission Systems564 586 
Space 83 107 
Total intersegment sales$905 $965 
(a)Operating profit by segment includes certain immaterial items, such as other income (primarily equity earnings) that are not presented separately in the table. Accordingly, the difference between sales less operating costs and expenses may not equal operating profit by segment.
Sales by products and services, contract type, customer, and geographic region were as follows (in millions):
Quarter Ended March 30, 2025
AeronauticsMFCRMSSpace Total
Sales
Products$5,746 $3,017 $3,496 $2,677 $14,936 
Services1,311 356 832 528 3,027 
Total sales$7,057 $3,373 $4,328 $3,205 $17,963 
Sales by contract type
Fixed-price$4,713 $2,440 $2,660 $942 $10,755 
Cost-reimbursable2,344 933 1,668 2,263 7,208 
Total sales$7,057 $3,373 $4,328 $3,205 $17,963 
Sales by customer
U.S. Government$4,642 $2,391 $2,787 $3,129 $12,949 
International (a)
2,405 978 1,468 71 4,922 
U.S. commercial and other10 4 73 5 92 
Total sales$7,057 $3,373 $4,328 $3,205 $17,963 
Sales by geographic region
United States$4,652 $2,395 $2,860 $3,134 $13,041 
Europe1,247 395 304 22 1,968 
Asia Pacific840 224 633 47 1,744 
Middle East148 342 212 2 704 
Other170 17 319 — 506 
Total sales$7,057 $3,373 $4,328 $3,205 $17,963 
Quarter Ended March 31, 2024
AeronauticsMFCRMSSpace Total
Sales
Products$5,592 $2,664 $3,241 $2,699 $14,196 
Services1,253 329 847 570 2,999 
Total sales$6,845 $2,993 $4,088 $3,269 $17,195 
Sales by contract type
Fixed-price$4,584 $1,996 $2,477 $900 $9,957 
Cost-reimbursable2,261 997 1,611 2,369 7,238 
Total sales$6,845 $2,993 $4,088 $3,269 $17,195 
Sales by customer
U.S. Government$4,666 $2,167 $2,840 $3,162 $12,835 
International (a)
2,152 824 1,162 68 4,206 
U.S. commercial and other27 2 86 39 154 
Total sales$6,845 $2,993 $4,088 $3,269 $17,195 
Sales by geographic region
United States$4,693 $2,169 $2,926 $3,201 $12,989 
Europe1,211 245 269 18 1,743 
Asia Pacific636 187 540 46 1,409 
Middle East203 370 162 4 739 
Other102 22 191 — 315 
Total sales$6,845 $2,993 $4,088 $3,269 $17,195 
(a)International sales include foreign military sales (FMS) contracted through the U.S. Government and direct commercial sales to international governments and other international customers.
Total assets for each of our business segments were as follows (in millions):
March 30,
2025		December 31,
2024
Assets
Aeronautics$14,130 $13,223 
Missiles and Fire Control6,140 5,952 
Rotary and Mission Systems17,199 17,025 
Space 7,617 7,388 
Total business segment assets45,086 43,588 
Corporate assets (a)
11,583 12,029 
Total assets$56,669 $55,617 
(a)Corporate assets primarily include cash and cash equivalents, deferred income taxes, assets for the portion of environmental costs that are probable of future recovery, property, plant and equipment used in our corporate operations, assets held in a trust for deferred compensation plans, and other marketable investments.