Lockheed Martin’s (NYSE:LMT) shares fell as much as 4.6% in the first hour of regular trading on Tuesday after the aerospace and defense contractor reported disappointing sales growth. Sales edged up 1% from a year earlier to $17.

We expect the company to post mixed results, with revenue of $17.0 billion and earnings of $6.50 per share, compared to the consensus estimates of $17.4 billion and

Speaking of the options pits, Lockheed Martin stock is seeing higher-than-usual intraday put volume before the earnings call. Around the session's halfway point, 6,156 calls and 4,545 puts have traded hands,