Lockheed may revise 2014 outlook if budget deal passes

U.S. weapons maker Lockheed Martin Corp (LMT) may revise upward its financial outlook for 2014 if Congress passes a two-year budget agreement blunting the effect of mandatory budget cuts, Marillyn Hewson, the company’s president and chief executive officer, told Reuters on Monday. Hewson said she hoped the U.S. Senate would approve the deal, which was passed by the House of Representatives last week, and was optimistic that further cuts required under sequestration could be eliminated as the U.S. economy improved.


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