Lockheed Martin Corporation (NYSE:LMT) will release its second quarter earnings report before the opening bell on Thursday, July 23.

Analysts expect the Bethesda, Maryland-based company to report quarterly earnings of $7.20 per share, up from $1.46 per share in the year-ago period.

The consensus estimate for Lockheed Martin’s quarterly revenue is $19.33 billion.

It reported $18.16 billion last year, according to Benzinga Pro.

On July 21, Lockheed Martin and Venus Aerospace announced a joint technology development agreement to advance next-generation propulsion for long-range precision fires.