Net earnings 1,2,3 $ 933 $ 904 $ 3,605 $ 3,614 Effective tax rate 19.8 % 28.1 % 28.2 % 31.3 %

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1 Consolidated Statements of Earnings (unaudited; in millions, except per share data) Quarters Ended Dec. 3, Years Ended Dec. 3, Net sales $ 2,97 $ 2,530 $ 46,32 $ 45,600 Cost of sales (,607) (,262) (40,932) (40,345) Gross profit,30,268 5,200 5,255 Other (expense) income, net 2 (29) Operating profit, 2,28,342 5,436 5,592 Interest expense (42) (87) (443) (340) Other non-operating income, net Earnings before income taxes,63,258 5,023 5,258 Income tax expense (230) (354) (,48) (,644) Net earnings,2,3 $ 933 $ 904 $ 3,605 $ 3,64 Effective tax rate 9.8 % 28. % 28.2 % 3.3 % Earnings per common share,2,3 Basic $ 3.05 $ 2.87 $.62 $.4 Diluted $ 3.0 $ 2.82 $.46 $.2 Weighted average shares outstanding Basic Diluted Common shares reported in stockholders' equity at end of period Cost of sales in 205 includes severance charges associated with the elimination of certain positions at the MST business segment and the IS&GS business segment (prior to program realignment). These charges were approximately $67 million in the quarter ended Dec. 3, 205, which reduced net earnings about $44 million, or $0.4 per share; and approximately $02 million in the year ended Dec. 3, 205, which reduced net earnings about $66 million, or $0.2 per share. 2 Other (expense) income, net in the quarter and year ended Dec. 3, 205 includes approximately $45 million of non-recoverable transaction costs associated with the acquisition of Sikorsky and the Corporation's strategic review, which reduced net earnings about $28 million, or $0.09 per share. 3 The amounts and per share data reported may change between the earnings release and filing of the Corporation's Form 0-K due to ongoing purchase accounting analysis related to the Sikorsky acquisition. Table

2 Business Segment Summary Operating Results Quarters Ended Dec. 3, Years Ended Dec. 3, % Change % Change Net sales Aeronautics $ 4,384 $ 4,35 6 % $ 5,570 $ 4,920 4 % Information Systems & Global Solutions,397,49 (6) % 5,596 5,654 () % Missiles and Fire Control,969,863 6 % 6,770 7,092 (5) % Mission Systems and Training 2,785 2,45 4 % 9,09 8,732 4 % Space Systems 2,382 2,590 (8) % 9,05 9,202 () % Total net sales $ 2,97 $ 2,530 3 % $ 46,32 $ 45,600 % Operating profit Aeronautics $ 448 $ 44 2 % $,68 $,649 2 % Information Systems & Global Solutions % % Missiles and Fire Control %,282,344 (5) % Mission Systems and Training (32) % (0) % Space Systems %,7,87 () % Total business segment operating profit,4,407 - % 5,486 5,588 (2) % Unallocated items FAS/CAS pension adjustment FAS pension expense (290) (259) (,42) (,44) Less: CAS pension cost ,63,520 FAS/CAS pension adjustment Special items Goodwill impairment charge - (9) - (9) Severance charges (67) - (02) - Stock-based compensation (20) (36) (38) (64) Other, net 2,3 (56) (3) (28) (89) Total unallocated items (30) (65) N/M (50) 4 N/M Total consolidated operating profit $,28 $,342 (5) % $ 5,436 $ 5,592 (3) % Operating margins Aeronautics 0.2 % 0.7 % 0.8 %. % Information Systems & Global Solutions 9.4 % 7.8 % 9. % 8.3 % Missiles and Fire Control 9.7 % 7.7 % 8.9 % 9.0 % Mission Systems and Training 5.6 % 9.5 % 9.3 % 0.7 % Space Systems 2. %. % 2.9 % 2.9 % Total business segment operating margins 0.9 %.2 %.9 % 2.3 % Total consolidated operating margins 9.9 % 0.7 %.8 % 2.3 % Severance charges in 205 consist of amounts associated with the elimination of certain positions at the MST business segment and the IS&GS business segment (prior to program realignment). These charges reduced net earnings about $44 million, or $0.4 per share, in the quarter ended Dec. 3, 205 and about $66 million, or $0.2 per share, in the year ended Dec. 3, 205. Severance charges for initiatives that are not significant are included in business segment operating profit. 2 Other, net in the quarter and year ended Dec. 3, 205 includes a non-cash asset impairment charge of approximately $90 million related to the Corporation's decision to divest a non-core asset in 206. This charge was partially offset by a net deferred tax benefit of about $80 million, which is recorded in income tax expense. The net impact reduced net earnings by about $0 million, or $0.03 per share, in the quarter and year ended Dec. 3, Other, net in the quarter and year ended Dec. 3, 205 includes approximately $45 million of non-recoverable transaction costs associated with the acquisition of Sikorsky and the Corporation's strategic review, which reduced net earnings about $28 million, or $0.09 per share. Table 2

3 Consolidated Balance Sheets (unaudited; in millions, except par value) Assets Current assets Cash and cash equivalents,090 Dec. 3, Dec. 3, $ $,446 Receivables, net 8,06 5,877 Inventories, net 4,962 2,804 Deferred income taxes,463,45 Other current assets Total current assets 6,98 2,322 Property, plant and equipment, net 5,438 4,75 Goodwill 3,628 0,862 Purchased intangibles, net 4, Deferred income taxes 4,470 4,03 Other noncurrent assets 5,247 4,774 Total assets $ 49,28 $ 37,046 Liabilities and stockholders' equity Current liabilities Accounts payable $,974 $,562 Customer advances and amounts in excess of costs incurred 6,988 5,775 Salaries, benefits and payroll taxes,96,824 Current portion of long-term debt Other current liabilities 2,223,95 Total current liabilities 4,057,2 Long-term debt, net 4,305 6,42 Accrued pension liabilities,807,43 Other postretirement benefit liabilities,070,02 Other noncurrent liabilities 4,792 3,877 Total liabilities 46,03 33,646 Stockholders' equity Common stock, $ par value per share Additional paid-in capital - - Retained earnings 4,238 4,956 Accumulated other comprehensive loss (,444) (,870) Total stockholders' equity 3,097 3,400 Total liabilities and stockholders' equity $ 49,28 $ 37,046 The Dec. 3, 205 consolidated balance sheet includes the accounts of Sikorsky, including goodwill of approximately $2.8 billion and purchased intangibles, net of about $3.9 billion. 2 Certain prior period amounts have been reclassified to conform with current year presentation. Table 3

4 Consolidated Statements of Cash Flows Years Ended Dec. 3, Operating activities Net earnings $ 3,605 $ 3,64 Adjustments to reconcile net earnings to net cash provided by operating activities Depreciation and amortization, Stock-based compensation Deferred income taxes (445) (40) Goodwill impairment charge - 9 Severance charges 02 - Changes in assets and liabilities Receivables, net (256) 28 Inventories, net (398) 77 Accounts payable (60) 95 Customer advances and amounts in excess of costs incurred (32) (572) Postretirement benefit plans,068 (880) Income taxes (48) 35 Other, net Net cash provided by operating activities 5,0 3,866 Investing activities Capital expenditures (939) (845) Acquisitions of businesses and investments in affiliates 2 (9,003) (898) Other, net Net cash used for investing activities (9,734) (,723) Financing activities Issuance of long-term debt, net of related costs 9,0 - Draw on revolving credit facility 6,000 - Repayment on revolving credit facility (6,000) - Repurchases of common stock (3,07) (,900) Proceeds from stock option exercises Dividends paid (,932) (,760) Other, net 5 38 Net cash provided by (used for) financing activities 4,277 (3,34) Net change in cash and cash equivalents (356) (,7) Cash and cash equivalents at beginning of period,446 2,67 Cash and cash equivalents at end of period $,090 $,446 The Corporation made no contributions to its heritage qualified defined benefit pension trust in the year ended Dec. 3, 205 compared to $2.0 billion in the year ended Dec. 3, 204. The Corporation made approximately $5.0 million in contributions to the Sikorsky qualified defined benefit pension plan in the year ended Dec. 3, 205. Additionally, the Corporation made net income tax payments of approximately $.8 billion in the year ended Dec. 3, 205, compared to approximately $.5 billion in the year ended Dec. 3, Includes the $9.0 billion purchase price of Sikorsky, net of cash acquired. Table 4

5 Consolidated Statement of Stockholders' Equity Accumulated Additional Other Total Common Paid-In Retained Comprehensive Stockholders' Stock Capital Earnings Loss Equity Balance at Dec. 3, 204 $ 34 $ - $ 4,956 $ (,870) $ 3,400 Net earnings - - 3,605-3,605 Other comprehensive income, net of tax Repurchases of common stock (5) (656) (2,400) - (3,07) Dividends declared (,923) - (,923) Stock-based awards and ESOP activity Balance at Dec. 3, 205 $ 303 $ - $ 4,238 $ (,444) $ 3,097 Primarily represents the reclassification adjustment for the recognition of prior period amounts related to postretirement benefit plans. 2 Represents dividends of $.50 per share declared during each of the first, second and third quarters of 205. Additionally, includes dividends of $.65 per share declared in the third quarter of 205 and paid in the fourth quarter of 205. Table 5

6 Operating Data (unaudited; in millions, except aircraft deliveries) Backlog Dec. 3, 205 Dec. 3, 204 Aeronautics $ 3,800 $ 27,600 Information Systems & Global Solutions 4,800 6,000 Missiles and Fire Control 5,500 3,300 Mission Systems and Training 30,00 3,300 Space Systems 7,400 20,300 Total backlog $ 99,600 Orders $ 50,200 $ 80,500 Quarters Ended Dec. 3, Years Ended Dec. 3, Aircraft Deliveries F F C-30J C Includes Sikorsky backlog of approximately $5.6 billion, which may change as the Corporation completes its analysis of acquired backlog. Table 6

7 Proforma Business Segment Net Sales, Operating Profit and Operating Margins To Reflect Reorganization of Government Information Technology (IT) and Technical Services Businesses Prior to Realignment Twelve Months Ended Dec. 3, 205 Net sales Aeronautics $ 5,570 $ - $ - $ 5,570 Information Systems & Global Solutions 7,458 (2,480) 68 5,596 Missiles and Fire Control 7, (659) 6,770 Mission Systems and Training 7,697, ,09 Space Systems 8,04,064-9,05 Total net sales $ 46,32 $ - $ - $ 46,32 Operating profit Aeronautics $,68 $ - $ - $,68 Information Systems & Global Solutions 628 (73) Missiles and Fire Control,332 5 (55),282 Mission Systems and Training Space Systems, ,7 Total business segment operating profit 5, ,486 Unallocated items, net (50) - - (50) Total consolidated operating profit $ 5,436 $ - $ - $ 5,436 Operating margins Aeronautics 0.8 % - % - % 0.8 % Information Systems & Global Solutions 8.4 % 0.7 % - % 9. % Missiles and Fire Control 8. % (0.) % 0.9 % 8.9 % Mission Systems and Training 0.4 % (.) % - % 9.3 % Space Systems 3.0 % (0.) % - % 2.9 % Total business segment operating margins.9 % - % - %.9 % Total consolidated operating margins.8 % - % - %.8 % During the fourth quarter of 205, the Corporation realigned certain programs among its business segments in connection with its strategic review of its government IT and technical services businesses. As part of the realignment, mission IT and services programs supporting the Corporation's platforms were transferred from the Information Systems & Global Solutions (IS&GS) business segment to the Mission Systems and Training (MST) business segment, energy solutions programs were transferred from the IS&GS business segment to the Missiles and Fire Control (MFC) business segment, space services programs were transferred from the IS&GS business segment to the Space Systems business segment and technical services programs were transferred from the MFC business segment to the IS&GS business segment. The amounts in the table above reflect the impacts of the program realignment. The realignment did not impact the Corporation s previously reported consolidated financial statements. Table 7

8 Proforma Business Segment Net Sales, Operating Profit and Operating Margins To Reflect Reorganization of Government Information Technology (IT) and Technical Services Businesses Quarter Ended March 29, 205 Quarter Ended June 28, 205 Quarter Ended Sept. 27, 205 Quarter Ended Dec. 3, 205 Prior to Realignment Net sales Aeronautics $ 3,34 $ - $ - $ 3,34 $ 4,3 $ - $ - $ 4,3 $ 3,92 $ - $ - $ 3,92 $ 4,384 $ - $ - $ 4,384 Information Systems & Global Solutions,869 (62) 33,390,898 (644) 54,408,870 (63) 62,40,82 (593) 69,397 Missiles and Fire Control, (46),383, (65),649,938 (70),769 2,48 () (78),969 Mission Systems and Training, ,979, ,65, ,62 2, ,785 Space Systems, ,225 2, ,290, ,208 2, ,382 Total net sales $ 0, $ - $ - $ 0, $,643 $ - $ - $,643 $,46 $ - $ - $,46 $ 2,97 $ - $ - $ 2,97 Operating profit Aeronautics $ 37 $ - $ - $ 37 $ 444 $ - $ - $ 444 $ 48 $ - $ - $ 48 $ 448 $ - $ - $ 448 Information Systems & Global Solutions (66) (57) (5) 3 3 Missiles and Fire Control (8) (4) (20) () (3) 387 Mission Systems and Training 29 (39) Space Systems Total business segment operating profit, ,306, ,400, ,369,4 - -,4 Unallocated items, net (5) - - (5) (30) - - (30) Total consolidated operating profit $,356 $ - $ - $,356 $,445 $ - $ - $,445 $,354 $ - $ - $,354 $,28 $ - $ - $,28 Operating margins Aeronautics.8 % - % - %.8 % 0.7 % - % - % 0.7 % 0.7 % - % - % 0.7 % 0.2 % - % - % 0.2 % Information Systems & Global Solutions 7.3 % 3.5 % (0.2) % 0.4 % 8.4 % (.0) % - % 7.6 % 8.7 % (0.) % 0.3 % 8.9 % 9.3 % 0.3 % (0.2) % 9.4 % Missiles and Fire Control 9.4 % (0.2) %.5 % 20.7 % 7. % (0.) % 0.8 % 7.8 % 7.3 % - % 0.6 % 7.9 % 8.7 % (0.) %. % 9.7 % Mission Systems and Training 3.3 % (4.) % (0.) % 9. % 2.9 % (0.8) % - % 2. % 2.2 % (0.9) % - %.3 % 5.2 % 0.4 % - % 5.6 % Space Systems 4.7 % (0.) % - % 4.6 % 2.8 % - % - % 2.8 % 2.0 % - % - % 2.0 % 2.5 % (0.4) % - % 2. % Total business segment operating margins 2.9 % - % - % 2.9 % 2.0 % - % - % 2.0 %.9 % - % - %.9 % 0.9 % - % - % 0.9 % Total consolidated operating margins 3.4 % - % - % 3.4 % 2.4 % - % - % 2.4 %.8 % - % - %.8 % 9.9 % - % - % 9.9 % Three Months Ended March 29, 205 Six Months Ended June 28, 205 Nine Months Ended Sept. 27, 205 Twelve Months Ended Dec. 3, 205 Prior to Realignment Net sales Aeronautics $ 3,34 $ - $ - $ 3,34 $ 7,265 $ - $ - $ 7,265 $,86 $ - $ - $,86 $ 5,570 $ - $ - $ 5,570 Information Systems & Global Solutions,869 (62) 33,390 3,767 (,256) 287 2,798 5,637 (,887) 449 4,99 7,458 (2,480) 68 5,596 Missiles and Fire Control, (46),383 3, (3) 3,032 5,28 64 (48) 4,80 7, (659) 6,770 Mission Systems and Training, ,979 3, ,44 5,26, ,306 7,697, ,09 Space Systems, ,225 3, ,55 5, ,723 8,04,064-9,05 Total net sales $ 0, $ - $ - $ 0, $ 2,754 $ - $ - $ 2,754 $ 33,25 $ - $ - $ 33,25 $ 46,32 $ - $ - $ 46,32 Operating profit Aeronautics $ 37 $ - $ - $ 37 $ 85 $ - $ - $ 85 $,233 $ - $ - $,233 $,68 $ - $ - $,68 Information Systems & Global Solutions (65) (22) (73) Missiles and Fire Control (8) (22) (42) 895,332 5 (55),282 Mission Systems and Training 29 (39) (2) Space Systems , ,7 Total business segment operating profit, ,306 2, ,706 4, ,075 5, ,486 Unallocated items, net (50) - - (50) Total consolidated operating profit $,356 $ - $ - $,356 $ 2,80 $ - $ - $ 2,80 $ 4,55 $ - $ - $ 4,55 $ 5,436 $ - $ - $ 5,436 Operating margins Aeronautics.8 % - % - %.8 %.2 % - % - %.2 %.0 % - % - %.0 % 0.8 % - % - % 0.8 % Information Systems & Global Solutions 7.3 % 3.5 % (0.2) % 0.4 % 7.9 %.2 % (0.) % 9.0 % 8. % 0.8 % 0. % 9.0 % 8.4 % 0.7 % - % 9. % Missiles and Fire Control 9.4 % (0.2) %.5 % 20.7 % 8. % (0.) %. % 9. % 7.8 % (0.) % 0.9 % 8.6 % 8. % (0.) % 0.9 % 8.9 % Mission Systems and Training 3.3 % (4.) % (0.) % 9. % 3. % (2.3) % (0.) % 0.7 % 2.8 % (.9) % - % 0.9 % 0.4 % (.) % - % 9.3 % Space Systems 4.7 % (0.) % - % 4.6 % 3.7 % - % - % 3.7 % 3.2 % (0.) % - % 3. % 3.0 % (0.) % - % 2.9 % Total business segment operating margins 2.9 % - % - % 2.9 % 2.4 % - % - % 2.4 % 2.3 % - % - % 2.3 %.9 % - % - %.9 % Total consolidated operating margins 3.4 % - % - % 3.4 % 2.9 % - % - % 2.9 % 2.5 % - % - % 2.5 %.8 % - % - %.8 % During the fourth quarter of 205, the Corporation realigned certain programs among its business segments in connection with its strategic review of its government IT and technical services businesses. As part of the realignment, mission IT and services programs supporting the Corporation's platforms were transferred from the Information Systems & Global Solutions (IS&GS) business segment to the Mission Systems and Training (MST) business segment, energy solutions programs were transferred from the IS&GS business segment to the Missiles and Fire Control (MFC) business segment, space services programs were transferred from the IS&GS business segment to the Space Systems business segment and technical services programs were transferred from the MFC business segment to the IS&GS business segment. The amounts in the table above reflect the impacts of the program realignment. The realignment did not impact the Corporation s previously reported consolidated financial statements. Table 8

9 Proforma Business Segment Net Sales, Operating Profit and Operating Margins To Reflect Reorganization of Government Information Technology (IT) and Technical Services Businesses Twelve Months Ended Dec. 3, 204 Net sales Aeronautics $ 4,920 $ - $ - $ 4,920 Information Systems & Global Solutions 7,788 (2,80) 676 5,654 Missiles and Fire Control 7, (743) 7,092 Mission Systems and Training 7,47, ,732 Space Systems 8,065,37-9,202 Total net sales $ 45,600 $ - $ - $ 45,600 Operating profit Aeronautics $,649 $ - $ - $,649 Information Systems & Global Solutions 699 (259) Missiles and Fire Control,358 2 (35),344 Mission Systems and Training Space Systems, ,87 Total business segment operating profit 5, ,588 Unallocated items, net Total consolidated operating profit $ 5,592 $ - $ - $ 5,592 Operating margins Aeronautics. % - % - %. % Information Systems & Global Solutions 9.0 % (0.2) % (0.4) % 8.3 % Missiles and Fire Control 7.7 % (0.) %.4 % 9.0 % Mission Systems and Training.8 % (.0) % (0.) % 0.7 % Space Systems 2.9 % - % - % 2.9 % Total business segment operating margins 2.3 % - % - % 2.3 % Total consolidated operating margins 2.3 % - % - % 2.3 % During the fourth quarter of 205, the Corporation realigned certain programs among its business segments in connection with its strategic review of its government IT and technical services businesses. As part of the realignment, mission IT and services programs supporting the Corporation's platforms were transferred from the Information Systems & Global Solutions (IS&GS) business segment to the Mission Systems and Training (MST) business segment, energy solutions programs were transferred from the IS&GS business segment to the Missiles and Fire Control (MFC) business segment, space services programs were transferred from the IS&GS business segment to the Space Systems business segment and technical services programs were transferred from the MFC business segment to the IS&GS business segment. The amounts in the table above reflect the impacts of the program realignment. The realignment did not impact the Corporation s previously reported consolidated financial statements. Table 9

10 Proforma Business Segment Net Sales, Operating Profit and Operating Margins To Reflect Reorganization of Government Information Technology (IT) and Technical Services Businesses Quarter Ended March 30, 204 Quarter Ended June 29, 204 Quarter Ended Sept. 28, 204 Quarter Ended Dec. 3, 204 Net sales Aeronautics $ 3,386 $ - $ - $ 3,386 $ 3,855 $ - $ - $ 3,855 $ 3,544 $ - $ - $ 3,544 $ 4,35 $ - $ - $ 4,35 Information Systems & Global Solutions,90 (736) 69,343,94 (725) 63,379,949 (676) 68,44,988 (673) 76,49 Missiles and Fire Control, (88),79,89 36 (80),747, (83),763 2,04 4 (92),863 Mission Systems and Training, ,045, ,75, ,06 2, ,45 Space Systems, ,57, ,50 2, ,305 2, ,590 Total net sales $ 0,650 $ - $ - $ 0,650 $,306 $ - $ - $,306 $,4 $ - $ - $,4 $ 2,530 $ - $ - $ 2,530 Operating profit Aeronautics $ 393 $ - $ - $ 393 $ 453 $ - $ - $ 453 $ 362 $ - $ - $ 362 $ 44 $ - $ - $ 44 Information Systems & Global Solutions 74 (69) (69) (56) (65) 7 7 Missiles and Fire Control (6) (8) (2) (3) (8) 329 Mission Systems and Training Space Systems Total business segment operating profit, ,429, ,406, ,346, ,407 Unallocated items, net (65) - - (65) Total consolidated operating profit $,432 $ - $ - $,432 $,426 $ - $ - $,426 $,392 $ - $ - $,392 $,342 $ - $ - $,342 Operating margins Aeronautics.6 % - % - %.6 %.8 % - % - %.8 % 0.2 % - % - % 0.2 % 0.7 % - % - % 0.7 % Information Systems & Global Solutions 9. % (0.) % - % 9.0 % 9.0 % (0.4) % (0.5) % 8. % 9.0 % 0.2 % (0.7) % 8.5 % 8.8 % (0.5) % (0.4) % 7.8 % Missiles and Fire Control 9.2 % (0.5) %.2 % 9.9 % 8.2 % - %.5 % 9.6 % 7.6 % (0.5) %.6 % 8.7 % 5.9 % 0.6 %.2 % 7.7 % Mission Systems and Training 5.4 % (.6) % (0.2) % 3.6 % 0.4 % (.2) % 0. % 9.3 %.5 % (0.6) % (0.) % 0.8 % 0.4 % (0.9) % - % 9.5 % Space Systems 3.7 % (0.) % - % 3.6 % 3.4 % 0.3 % - % 3.7 % 3.8 % (0.3) % - % 3.5 %.0 % 0. % - %. % Total business segment operating margins 3.4 % - % - % 3.4 % 2.4 % - % - % 2.4 % 2. % - % - % 2. %.2 % - % - %.2 % Total consolidated operating margins 3.4 % - % - % 3.4 % 2.6 % - % - % 2.6 % 2.5 % - % - % 2.5 % 0.7 % - % - % 0.7 % Three Months Ended March 30, 204 Six Months Ended June 29, 204 Nine Months Ended Sept. 28, 204 Twelve Months Ended Dec. 3, 204 Net sales Aeronautics $ 3,386 $ - $ - $ 3,386 $ 7,24 $ - $ - $ 7,24 $ 0,785 $ - $ - $ 0,785 $ 4,920 $ - $ - $ 4,920 Information Systems & Global Solutions,90 (736) 69,343 3,85 (,46) 332 2,722 5,800 (2,37) 500 4,63 7,788 (2,80) 676 5,654 Missiles and Fire Control, (88),79 3, (368) 3,466 5,666 4 (55) 5,229 7, (743) 7,092 Mission Systems and Training, ,045 3, ,220 5,078,52 5 6,28 7,47, ,732 Space Systems, ,57 3, ,307 5, ,62 8,065,37-9,202 Total net sales $ 0,650 $ - $ - $ 0,650 $ 2,956 $ - $ - $ 2,956 $ 33,070 $ - $ - $ 33,070 $ 45,600 $ - $ - $ 45,600 Operating profit Aeronautics $ 393 $ - $ - $ 393 $ 846 $ - $ - $ 846 $,208 $ - $ - $,208 $,649 $ - $ - $,649 Information Systems & Global Solutions 74 (69) (38) (94) (259) Missiles and Fire Control (6) (24) 685,038 4 (27),05,358 2 (35),344 Mission Systems and Training Space Systems , ,87 Total business segment operating profit, ,429 2, ,835 4, ,8 5, ,588 Unallocated items, net Total consolidated operating profit $,432 $ - $ - $,432 $ 2,858 $ - $ - $ 2,858 $ 4,250 $ - $ - $ 4,250 $ 5,592 $ - $ - $ 5,592 Operating margins Aeronautics.6 % - % - %.6 %.7 % - % - %.7 %.2 % - % - %.2 %. % - % - %. % Information Systems & Global Solutions 9. % (0.) % - % 9.0 % 9. % (0.3) % (0.2) % 8.6 % 9.0 % (0.) % (0.4) % 8.5 % 9.0 % (0.2) % (0.4) % 8.3 % Missiles and Fire Control 9.2 % (0.5) %.2 % 9.9 % 8.7 % (0.2) %.3 % 9.8 % 8.3 % (0.3) %.4 % 9.4 % 7.7 % (0.) %.4 % 9.0 % Mission Systems and Training 5.4 % (.6) % (0.2) % 3.6 % 2.8 % (.3) % (0.) %.4 % 2.4 % (.) % (0.) %.2 %.8 % (.0) % (0.) % 0.7 % Space Systems 3.7 % (0.) % - % 3.6 % 3.5 % 0.2 % - % 3.7 % 3.6 % - % - % 3.6 % 2.9 % - % - % 2.9 % Total business segment operating margins 3.4 % - % - % 3.4 % 2.9 % - % - % 2.9 % 2.6 % - % - % 2.6 % 2.3 % - % - % 2.3 % Total consolidated operating margins 3.4 % - % - % 3.4 % 3.0 % - % - % 3.0 % 2.9 % - % - % 2.9 % 2.3 % - % - % 2.3 % During the fourth quarter of 205, the Corporation realigned certain programs among its business segments in connection with its strategic review of its government IT and technical services businesses. As part of the realignment, mission IT and services programs supporting the Corporation's platforms were transferred from the Information Systems & Global Solutions (IS&GS) business segment to the Mission Systems and Training (MST) business segment, energy solutions programs were transferred from the IS&GS business segment to the Missiles and Fire Control (MFC) business segment, space services programs were transferred from the IS&GS business segment to the Space Systems business segment and technical services programs were transferred from the MFC business segment to the IS&GS business segment. The amounts in the table above reflect the impacts of the program realignment. The realignment did not impact the Corporation s previously reported consolidated financial statements. Table 0

11 Proforma Backlog To Reflect Reorganization of Government Information Technology (IT) and Technical Services Businesses Backlog : March 30, June 29, Sept. 28, Dec. 3, March 29, June 28, Sept. 27, Dec. 3, Aeronautics $ 26,400 $ 24,200 $ 23,300 $ 27,600 $ 25,300 $ 23,200 $ 22,600 $ 3,800 Information Systems & Global Solutions 6,000 5,500 6,200 6,000 5,300 5,000 4,700 4,800 Missiles and Fire Control 3,900 3,000 2,300 3,300 2,600 2,000 3,400 5,500 Mission Systems and Training 2,800 3,300 3,800 3,300 3,900 3,800 3,200 30,00 2 Space Systems 20,500 2,800 20,900 20,300 9,800 8,800 7,800 7,400 Total backlog $ 79,600 $ 77,800 $ 76,500 $ 80,500 $ 76,900 $ 72,800 $ 7,700 $ 99,600 2 During the fourth quarter of 205, the Corporation realigned certain programs between its business segments in connection with its strategic review of its government IT and technical services businesses. As part of the realignment, mission IT and services programs supporting the Corporation's platforms were transferred from the Information Systems & Global Solutions (IS&GS) business segment to the Mission Systems and Training (MST) business segment, energy solutions programs were transferred from the IS&GS business segment to the Missiles and Fire Control (MFC) business segment, space services programs were transferred from the IS&GS business segment to the Space Systems business segment, and technical services programs were transferred from the MFC business segment to the IS&GS business segment. The amounts in the table above reflect the impacts of the program realignment. The realignment did not impact the Corporation s previously reported consolidated financial statements. 2 Includes Sikorsky backlog of approximately $5.6 billion, which may change as the Corporation completes its analysis of acquired backlog. Table