Lockheed Martin

Lockheed Martin Corporation

Type| Public

Traded as

* NYSE: LMT
* S&P 100 component
* S&P 500 component

Industry|

* Aerospace
* Defense

Predecessors|

* Lockheed Corporation
* Martin Marietta

Founded| March 15, 1995; 31 years ago (1995-03-15)
Headquarters| Bethesda, Maryland, United States

Area served

| Worldwide

Key people

* James Taiclet (chair, president & CEO)
* Frank St. John (COO)
* Evan Scott (CFO)

Revenue|  US$75.05 billion (2025)

Operating income

|  US$7.731 billion (2025)

Net income

|  US$5.017 billion (2025)
Total assets|  US$59.84 billion (2025)
Total equity|  US$6.721 billion (2025)

Number of employees

| 123,000 (2025)
Divisions|

* Aeronautics
* Missiles and Fire Control
* Rotary and Mission Systems
* Space

Website| {{{1}}}
Footnotes / references
[1]

The Lockheed Martin Corporation is an American defense and aerospace manufacturer. It is headquartered in North Bethesda, Maryland, United States. The company was formed by the merger of Lockheed Corporation with Martin Marietta on March 15, 1995.

Lockheed Martin operates 4 divisions: Lockheed Martin Aeronautics (39% of 2024 revenues); Lockheed Martin Missiles and Fire Control (18% of 2024 revenues); Lockheed Martin Rotary and Mission Systems (24% of 2024 revenues); and Lockheed Martin Space (18% of 2024 revenues).[2]

As of 2023, it is the top contractor of the United States federal government, and has been since at least 2008. As of 2024, 73% of the company's revenue came from the federal government, including 65% from the United States Department of Defense.[2] In 2024, 26% of revenue was from sales of the F-35 fighter.[2]

Lockheed Martin is also a contractor for the U.S. Department of Energy and the National Aeronautics and Space Administration (NASA).[3] It also provides products and services to the Department of Defense and the Department of Energy to the Department of Agriculture and the Environmental Protection Agency. It is involved in surveillance and information processing for the CIA, the FBI, the Internal Revenue Service (IRS), the National Security Agency (NSA), the Pentagon, the Census Bureau, and the Postal Service.[4]

The company has received the Collier Trophy six times, including in 2001 for being part of developing the X-35/F-35B LiftFan Propulsion System[1][5][6] and in 2018 for the Automatic Ground Collision Avoidance System (Auto-GCAS). Lockheed Martin currently produces the F-35 and leads the international supply chain, leads the team for the development and implementation of technology solutions for the new USAF Space Fence (AFSSS replacement),[1] and is the primary contractor for the development of the Orion command module.[1] The company also invests in healthcare systems, renewable energy systems, intelligent energy distribution, and compact nuclear fusion.[1][7][8]

## Contents

* 1 History
* 1.1 1990s
* 1.2 2000s
* 1.3 2010s
* 1.4 2020s
* 2 Finances
* 2.1 Q2 loss in classified program
* 3 Organization
* 3.1 Primary business areas
* 3.2 Other business areas
* 3.3 International operations
* 3.4 Enterprise operations
* 3.5 Wholly owned corporate subsidiaries
* 3.6 Joint ventures
* 3.7 Divested
* 4 Corporate governance
* 4.1 Board of directors
* 4.2 Chief executive officer
* 4.3 Chairman of the board
* 4.4 Ownership
* 4.5 Criticism
* 4.6 Lobbying
* 5 Management
* 5.1 Double Helix methodology
* 6 See also
* 7 References
* 8 Further reading
* 9 External links

## History

### 1990s

The C-130 Hercules has been in production since the 1950s with the C-130J variant being produced now.

Merger talks between Lockheed Corporation and Martin Marietta began in March 1994, with the companies announcing their $10 billion planned merger on August 30, 1994.[9][10] The headquarters for the combined companies would be at Martin Marietta headquarters in North Bethesda, Maryland.[11] The deal was finalized on March 15, 1995, when the two companies' shareholders approved the merger.[12] The segments of the two companies not retained by the new company formed the basis for L-3 Communications, a mid-size defense contractor in its own right. Lockheed Martin also later spun off the materials company Martin Marietta Materials. The company's executives received large bonuses directly from the government as a result of the merger. Norman R. Augustine, who was at the time CEO of Martin Marietta, received an $8.2 million bonus.[13]

Submarine launch of a Lockheed UGM-133 Trident II SLBM

Both companies contributed important products to the new portfolio. Lockheed products included the Trident missile, P-3 Orion maritime patrol aircraft, U-2 and SR-71 Blackbird reconnaissance airplanes, F-117 Nighthawk, F-16 Fighting Falcon, F-22 Raptor, C-130 Hercules, A-4AR Fightinghawk and the DSCS-3 satellite. Martin Marietta products included Titan rockets, Sandia National Laboratories (management contract acquired in 1993), Space Shuttle External Tank, Viking 1 and Viking 2 landers, the Transfer Orbit Stage (under subcontract to Orbital Sciences Corporation) and various satellite models.{{Citation needed|date=August 2024} On April 22, 1996, Lockheed Martin completed the acquisition of Loral Corporation's defense electronics and system integration businesses for $9.1 billion, the deal having been announced in January. The remainder of Loral became Loral Space & Communications.[14] Lockheed Martin abandoned plans for an $8.3 billion merger with Northrop Grumman on July 16, 1998, due to government concerns over the potential strength of the new group; Lockheed/Northrop would have had control of 25% of the Department of Defense's procurement budget.[15]

For the Mars Climate Orbiter, Lockheed Martin incorrectly provided NASA with software using measurements in US Customary force units when metric units were expected; this resulted in the loss of the Orbiter at a cost of $125 million.[16][17] The development of the spacecraft cost $193 million.[18][19]

In addition to their military products, in the 1990s Lockheed Martin developed the texture mapping chip for the Sega Model 2 arcade system board and the entire graphics system for the Sega Model 3, which were used to power some of the most popular arcade games of the time.[20]

### 2000s

Lockheed Martin's prior Center For Leadership Excellence (CLE) Building, which was located near its corporate headquarters

In May 2001, Lockheed Martin sold Lockheed Martin Control Systems to BAE Systems.[21] On November 27, 2000, Lockheed completed the sale of its Aerospace Electronic Systems business to BAE Systems for $1.67 billion, a deal announced in July 2000. This group encompassed Sanders Associates, Fairchild Systems, and Lockheed Martin Space Electronics & Communications.[22][23] In 2001, Lockheed Martin won the contract to build the F-35 Lightning II; this was the largest fighter aircraft procurement project since the F-16, with an initial order of 3,000 aircraft. In 2001, Lockheed Martin settled a nine–year investigation conducted by NASA's Office of Inspector General with the assistance of the Defense Contract Audit Agency. The company paid the United States government $7.1 million based on allegations that its predecessor, Lockheed Engineering Science Corporation, submitted false lease costs claims to NASA.[24]

On July 8, 2003, a Lockheed Martin plant in Meridian, Mississippi became the scene of a racially motivated mass shooting when an assembly line worker murdered six co-workers (five of whom were black) and wounded eight before killing himself.[25] In the immediate aftermath of the shooting, Lockheed Martin's President refused to disclose whether company officials were previously aware of any red flags regarding the worker.[26] The company had launched its own investigation into the worker's behavior prior to the massacre following complaints from numerous black employees regarding incidents involving the worker. He had been ordered to attend anger management courses and diversity training but refused.[27]

On May 12, 2006, The Washington Post reported that when Robert Stevens took control of Lockheed Martin in 2004, he faced the dilemma that within 10 years, 100,000 of the about 130,000 Lockheed Martin employees – more than three-quarters – would be retiring.[28] On August 31, 2006, Lockheed Martin won a $3.9 billion contract from NASA to design and build the CEV capsule, later named Orion for the Ares I rocket in the Constellation Program. In 2009, NASA reduced the capsule crew requirements from the initial six seats to four for transport to the International Space Station.[29]

In August 2007, Lockheed Martin acquired 3Dsolve, a Cary, North Carolina, company that created simulations and training modules for the military and corporate clients.[30] Renamed Lockheed Martin 3D Learning Systems, the company remained in Cary with 3D's founder Richard Boyd as director.[31] The name was eventually shortened to Lockheed Martin 3D Solutions.[32]

On August 13, 2008, Lockheed Martin acquired the government business unit of Nantero, Inc., a company that had developed methods and processes for incorporating carbon nanotubes in next-generation electronic devices.[33][34] In 2009, Lockheed Martin bought Unitech.[35]

### 2010s

Lockheed Martin logo (2011–2022)

On November 18, 2010, Lockheed Martin announced that it would be closing its Eagan, Minnesota, location by 2013 to reduce costs and optimize capacity at its locations nationwide.[36] In January 2011, Lockheed Martin agreed to pay the U.S. Government $2 million to settle allegations that the company submitted false claims on a U.S. government contract for that amount. The allegations came from a contract with the Naval Oceanographic Office Major Shared Resource Center in Mississippi.[37]

On May 25, 2011, Lockheed Martin bought the first Quantum Computing System from D-Wave Systems. Lockheed Martin and D-Wave will collaborate to realize the benefits of a computing platform based upon a quantum annealing processor, as applied to some of Lockheed Martin's most challenging computation problems. Lockheed Martin established a multi-year contract that includes one system, maintenance, and services.[38]

On May 28, 2011, it was reported that a cyberattack using previously stolen EMC files had broken through to sensitive materials at the contractor.[39] It is unclear if the Lockheed incident is the specific prompt whereby on June 1, 2011, the new United States military strategy, makes explicit that a cyberattack is casus belli for a traditional act of war.[40]

On March 3, 2012, the U.S. Department of Justice (DOJ) said that Lockheed Martin had agreed to settle allegations that the defense contractor had sold overpriced perishable tools used on many contracts. The DOJ said the allegations were based specifically on the subsidiary Tools & Metals Inc's inflation of costs between 1998 and 2005, which Lockheed Martin then passed on to the U.S. government under its contracts. Further, in March 2006, Todd B. Loftis, a former TMI president, was sentenced to 87 months in prison and ordered to pay a fine of $20 million following his guilty plea.[41]

On July 10, 2012, Lockheed Martin announced it was cutting its workforce by 740 workers to reduce costs and remain competitive as necessary for future growth.[42] On November 27, 2012, Lockheed Martin announced that Marillyn Hewson would become the corporation's chief executive officer on January 1, 2013.[43]

On January 7, 2013, Lockheed Martin Canada announced that it would be acquiring the engine maintenance, repair, and overhaul assets from Aveos Fleet Performance in Montreal, Quebec, Canada. On February 20, 2013, Lockheed Martin Corp complied with the United States District Court for the Southern District of New York, agreeing to pay a $19.5 million lawsuit to conclude a securities fraud class-action legal battle that had accused the company of deceiving shareholders in regards to expectations for the company's information technology division.[44] On July 3, 2013, Lockheed Martin announced that it was partnering with DreamHammer to use the company's software for integrated command and control of its unmanned aerial vehicles.[45] Lockheed Martin teamed up with Bell Helicopter to propose the V-280 Valor tiltrotor for the Future Vertical Lift (FVL) program.[46] In September 2013, Lockheed Martin acquired the Scotland-based tech firm, Amor Group, saying the deal would aid its plans to expand internationally and into non-defense markets.[47] On November 14, 2013, Lockheed announced they would be closing their Akron, Ohio facility laying off 500 employees and transferring other employees to other locations.[48]

In October 2013, Lockheed announced it expected to finalize a $2.2 billion contract with the United States Air Force for two advanced military communications satellites.[49]

Lockheed Martin's F-35 Lightning II

In March 2014, Lockheed Martin acquired Beontra AG, a provider of integrated planning and demand forecasting tools for airport, planning to expand their business in commercial airport information technology solutions.[50] Also, in March 2014, Lockheed Martin announced its acquisition of Industrial Defender Inc.[51] On June 2, 2014, Lockheed Martin received a Pentagon contract to build a space fence that would track debris, keeping it from damaging satellites and spacecraft.[52]

On December 20, 2014, Lockheed Martin Integrated Systems agreed to settle a False Claims Act lawsuit paying $27.5 million to finalize allegations that it had knowingly overbilled taxpayers for work performed by company staff who did not hold the relevant essential qualifications for the contract.[53]

On July 20, 2015, Lockheed Martin announced plans to purchase Sikorsky Aircraft from United Technologies Corporation at a cost of $7.1 billion.[54][55] The Pentagon has criticized the acquisition as causing a reduction in competition.[56] In November 2015, the acquisition received final approval from the Chinese government,[57] with a total cost of $9 billion.[58] Dan Schulz was named the president of Lockheed Martin's Sikorsky company.[59] Lockheed Martin has shown[when?] sketches for a twin-engine, blended wing body strategic airlifter similar in size to the C-5.[60] On March 31, 2015, the US Navy awarded Lockheed Martin a contract worth $362 million for the construction of Freedom-class ship LCS 21 and $79 million for advance procurement for LCS 23. The Freedom-class ships are built by Fincantieri Marinette Marine in Marinette, Wisconsin.[61] In December 2015, Lockheed won an $867 million seven-year contract to train Australia's next generation of military pilots. The deal also has the option to extend this contract across 26 years, which would greatly increase the deal's value.[62]

In August 2016, Canadian Forces Maritime tested an integrated submarine combat system developed by Lockheed Martin. The test marked Canada's first use of the combat system with the MK 48 heavyweight torpedo, variant 7AT.[63] The same month, a deal to merge Leidos with the entirety of Lockheed Martin's Information Systems & Global Solutions (IS&GS) business came to a close.[64][65]

In May 2017, during a visit to Saudi Arabia by President Donald Trump, Saudi Arabia signed business deals worth tens of billions of dollars with U.S. companies, including Lockheed Martin.[66] (See: 2017 United States–Saudi Arabia arms deal)

On August 13, 2018, Lockheed Martin announced that the company had secured a $480 million contract from the United States Air Force to develop a hypersonic weapon prototype. A hypersonic missile can travel at one mile a second. This is the second contract for hypersonic weapons that Martin has secured; The first was from the Air Force as well and for $928 million which was announced in April 2018.[67][68]

On November 29, 2018, Lockheed Martin was awarded a Commercial Lunar Payload Services contract by NASA, which makes it eligible to bid on delivering science and technology payloads to the Moon for NASA, worth $2.6 billion.[69] Lockheed Martin plans to formally propose a lander called McCandless Lunar Lander, named after the late astronaut and former Lockheed Martin employee Bruce McCandless II, who in 1984 performed the first free-flying spacewalk without a lifeline to the orbiting shuttle, using a jetpack built by the company.[70] This lander would be based on the successful design of the Phoenix and InSight Mars landers.[71]

On April 11, 2019, at 6:35 pm EDT, an Arabsat-6A satellite was successfully launched from (LC-39A). This satellite is one of two, the other being SaudiGeoSat-1/HellasSat-4 and they are the "most advanced commercial communications satellites ever built by" Lockheed Martin.[72]

NASA Artemis II Orion assembly, March 7, 2025

On September 23, 2019, Lockheed Martin and NASA signed a $4.6-billion contract to build six or more Orion capsules for NASA's Artemis program to send astronauts to the Moon.[73]

### 2020s

In January 2020, the Naval Sea Systems Command awarded Lockheed Martin with a $138 million contract related with the AEGIS Combat System Engineering Agent (CSEA). The LMT Rotary and Mission Systems (RMS) unit of the company is to develop, integrate, test, and deliver the AEGIS Advanced Capability Build (ACB) 20 integrated combat system. Martin will work on the AEGIS in New Jersey. The project is expected to be completed by December 2020.[74]

In January 2020, the Pentagon found at least 800 software defects in Lockheed Martin's F-35 fighter jets owned by the US Armed Forces during an annual review. The 2018 and 2019 reviews revealed a large number of defects as well.[75]

In February 2020, Lockheed Martin acquired Vector Launch Inc's satellite software technology GalacticSky for $4.25 million after a bankruptcy court received no bids by the February 21 deadline.[76][77]

President Joe Biden at the Lockheed Martin Facility in Troy, Alabama, May 3, 2022

On March 16, 2020, Lockheed Martin announced that James D. Taiclet would replace Marillyn Hewson as CEO, effective June 15.[78] In January 2021, Taiclet became chairman of the company as well.[79]

Lockheed Martin was sanctioned by the Chinese government in July 2020,[80] October 2020,[81] and February 2023 due to arm sales to Taiwan.[82]

On December 20, 2020, it was announced that Lockheed Martin would acquire Aerojet Rocketdyne Holdings for $4.4 billion.[83] The acquisition was expected to close in first quarter of 2022.[84] On February 13, 2022, Lockheed abandoned the deal following regulatory disapproval.[85][86]

In 2022, due to the Russo-Ukrainian war, major arms manufacturers, including Lockheed Martin,[87] reported a sharp increase in interim sales and profits.[88][89][90]

In May 2023, Lockheed formed a new microelectronics subsidiary ForwardEdge ASIC to design custom application-specific integrated circuits for its customers.[91][92]

Pro-Palestinian protest calling for an arms embargo on Israel at Lockheed Martin UK in Havant, England, June 17, 2025

In November 2023, attempts at direct action were taken against arms companies in the US and the UK, including Lockheed Martin,[93][94] that supplied weapons to Israel during the Gaza war.[95] In 2025, Lockheed Martin was included in a UN report on corporations complicit in the Gaza genocide.[96][97]

In March 2024, Lockheed Martin submitted a bid to acquire Terran Orbital.[98]

On June 28, 2024, the U.S. Army awarded Lockheed Martin a $4.5 billion contract to supply Patriot Advanced Capability-3 (PAC-3) missiles. The contract included 870 PAC-3 MSE missiles and related hardware. Lockheed was tasked with manufacturing the newest version of these interceptors, with each PAC-3 MSE missile costing approximately $4 million, as per Army budget documents.[99]

On October 9, 2024, Lockheed Martin announced the appointment of Chauncey McIntosh as vice president and general manager of the F-35 Lightning II Program, effective December 1, 2024. He succeeded Bridget Lauderdale, who retired after 38 years with the company.[100]

In December 2024, Lockheed Martin announced that it had formed a subsidiary, Astris AI, that would help U.S. defense companies to incorporate artificial intelligence into their operations.[101]

In May 2026, the company expanded its missile production capacity further with the construction of a new 87,000-square-foot munitions facility in Alabama intended for the production of Terminal High Altitude Area Defense (THAAD) interceptors. The facility is part of a broader investment plan of approximately $8–9 billion through 2030 aimed at increasing overall missile output.[102]

## Finances

Sales by business (2023)[103] Business  | share

|

Aeronautics  | 40.7%
Rotary and Mission Systems  | 24.0%
Space  | 18.7%
Missiles and Fire Control  | 16.7%

For the fiscal year 2020, Lockheed Martin reported earnings of $6.833 billion, with an annual revenue of $65.398 billion, an increase of 9.3% over the previous year.[104] Backlog was 144.0 billion at the end of 2019, up from 130.5 billion at the end of the 2018. Firm orders were $94.5 billion at the end of 2019.[105] Its shares traded at over $389 per share.[106] Its market capitalization was valued at US$109.83 billion at the end of 2019.[107] Lockheed Martin ranked No. 60 in the 2019 Fortune 500 list of the largest United States corporations by total revenue (down from No. 59 in 2018).[108]

Sales by region (2023)[103] Region  | share

|

United States  | 73.9%
Europe  | 10.4%
Asia Pacific  | 8.7%
Middle East  | 5.3%
Other  | 1.8%
Year  | Revenue
in mil. US$  | Net income
in mil. US$  | Total Assets
in mil. US$  | Price per Share
in US$  | Employees

|
|
|
|
|

2005[109] | 37,213  | 1,825  | 27,744  | 41.78  |
2006[110] | 39,620  | 2,529  | 28,231  | 54.52  |
2007[111] | 41,862  | 3,033  | 28,926  | 70.93  |
2008[112] | 41,372  | 3,217  | 33,439  | 71.54  |
2009[113] | 43,867  | 2,973  | 35,111  | 55.94  |
2010[114] | 45,671  | 2,878  | 35,113  | 57.35  |
2011[115] | 46,499  | 2,655  | 37,908  | 60.85  |
2012[116] | 47,182  | 2,745  | 38,657  | 73.10  |
2013[117] | 45,358  | 2,981  | 36,188  | 97.53  | 115,000
2014[118] | 39,946  | 3,614  | 37,046  | 151.21  | 112,000
2015[119] | 40,536  | 3,605  | 49,304  | 187.00  | 126,000
2016[120] | 47,248  | 5,302  | 47,806  | 226.05  | 97,000
2017[121] | 51,048  | 2,002  | 46,521  | 280.65  | 100,000
2018[122] | 53,762  | 5,046  | 44,876  | 261.84[123] | 105,000
2019[105] | 59,812  | 6,230  | 47,528  | 389.38[106] | 110,000
2020[124] | 65,398  | 6,833  | 50,710  | 354.98[125] | 114,000
2021[126] | 67,044  | 6,315  | 50,873  | 355.41[127] | 114,000
2022[128] | 65,984  | 5,732  | 52,880  | 486.49[129] | 116,000
2023[130] | 67,571  | 6,920  | 52,456  | 453.24[131] | 122,000
2024[2] | 71,043  | 5,336  | 55,617  | 485.94  | 121,000
2025[1] | 75,048  | 5,017  | 59,840  | 488.87  | 123,000

### Q2 loss in classified program

Lockheed profits sharply dropped 80% in Q2 2025, owing to a highly classified U.S. government aerospace program CEO James Taiclet described as "magical".[132] The loss from development of the described "game changing" classified aerospace program totaled $1.6 billion.[133] Taiclet stated investors would be unable to know details of the "magical" classified aerospace program for many years to come.[132] During the same earnings call, Lockheed acknowledged the existence of a classified MFC program, described as game-changing.[133]

## Organization

### Primary business areas

* Lockheed Martin Aeronautics
* Skunk Works
* F-35 Lightning II
* Lockheed C-130 Hercules
* F-16 Fighting Falcon
* F-22 Raptor
* Lockheed Martin Missiles and Fire Control
* MIM-104 Patriot surface-to-air missile
* Terminal High Altitude Area Defense
* M270 Multiple Launch Rocket System
* Precision Strike Missile
* AGM-158 JASSM air-launched cruise missile
* AGM-158C LRASM anti-ship missile
* AGM-114 Hellfire
* Apache fire-control system
* Sniper Advanced Targeting Pod
* Infrared search and track
* Special forces support services
* Lockheed Martin Rotary and Mission Systems
* Sikorsky Aircraft
* Sikorsky UH-60 Black Hawk
* Sikorsky HH-60 Pave Hawk
* Sikorsky VH-92 Patriot
* Sikorsky CH-53K King Stallion
* Sikorsky SH-60 Seahawk
* Aegis Combat System
* Littoral combat ships
* Freedom-class littoral combat ships
* River-class destroyers
* C2BMC missile defense program
* Lockheed Martin Space
* UGM-133 Trident II ballistic missile
* Orion spacecraft
* Next-Generation Overhead Persistent Infrared
* GPS Block III
* hypersonic weapons
* Ground-Based Interceptor

### Other business areas

### International operations

* Lockheed Martin UK
* Lockheed Martin Canada
* Lockheed Martin Australia

### Enterprise operations

* Corporate Headquarters Operations
* Internal Corporate Functions: Ethics, Finance, HR, Legal, etc.[134]
* Lockheed Martin Advanced Technology Laboratories

### Wholly owned corporate subsidiaries

* ForwardEdge ASIC
* Lockheed Martin Finance Corporation
* LMC Properties

### Joint ventures

* International Launch Services (with Khrunichev, RSC Energia)
* Lockheed Martin Alenia Tactical Transport Systems (with Alenia Aeronautica), now folded
* MEADS International (with EADS and MBDA)
* Space Imaging (46%, remainder public)
* United Launch Alliance (with Boeing)
* Javelin Joint Venture (with Raytheon)
* Longbow LLC (with Northrop Grumman)
* United Space Alliance (with Boeing)
* Kelly Aviation Center (with GE and Rolls-Royce)
* Protector USV – an unmanned surface vehicle (with Rafael Advanced Defense Systems and BAE Systems)
* Defense Support Services (DS2) with Day & Zimmermann[135]
* Tata Lockheed Martin Aerostructures Limited (with Indian company Tata Advanced Systems)
* Advanced Military Maintenance Repair and Overhaul Center (AMMROC) (with Mubadala Development Company)

### Divested

* Pacific Architects and Engineers (PAE) Holding, Inc[136]
* SIM Industries (to CAE)[137]

## Corporate governance

### Board of directors

The board of directors consists of 14 members. As of 2020, members include:[138]

* Daniel Akerson (since 2014)
* David Burritt (since 2008)
* Bruce Carlson (since 2015)
* Joseph F. Dunford (since 2020)
* James Ellis (since 2004)
* Thomas Falk (since 2010)
* Ilene S. Gordon (since 2016)
* Vicki A. Hollub (since 2018)
* Jeh Johnson (since 2018)
* Debra L. Reed-Klages (since 2019)
* James D. Taiclet (since 2018)

### Chief executive officer

* Daniel Tellep (1995–1996)
* Norman Augustine (1996–1997)
* Vance Coffman (1997–2004)
* Robert J. Stevens (2004–2012)
* Marillyn Hewson (2013–2020)
* James D. Taiclet (2020–present)

### Chairman of the board

* Robert J. Stevens (2005–2013)
* Marillyn Hewson (2014–2021)
* James D. Taiclet (2021-present)[139]

### Ownership

As of December 2023, Lockheed Martin shares are mainly held by institutional investors (State Street Corporation, Vanguard group, BlackRock, Capital Group Companies, and others).[140]

Largest shareholders in December 2023  Shareholder  | Country  | Shares  | Percentage  | Value in thousands USD

|
|
|
|

State Street Corporation |  United States  | 37,049,916  | 15.33%  | $16,113,379
The Vanguard Group  |  United States  | 22,099,137  | 9.15%  | $9,611,136
BlackRock Inc.  |  United States  | 18,158,813  | 7.51%  | $7,897,449
Charles Schwab Corporation |  United States  | 5,637,923  | 2.33%  | $2,451,989
Morgan Stanley |  United States  | 5,206,242  | 2.15%  | $2,264,247
Capital World Investors  |  United States  | 5,031,450  | 2.08%  | $2,188,228
Geode Capital Management, LLC  |  United States  | 4,559,183  | 1.89%  | $1,982,834
FMR, LLC  |  United States  | 4,351,452  | 1.80%  | $1,892,490
Bank of America |  United States  | 3,209,854  | 1.33%  | $1,395,998
Wellington Management Company  |  United States  | 2,807,469  | 1.16%  | $1,220,996
Total |  | 179,583,655 | 100% |

### Criticism

Lockheed Martin is listed as the largest U.S. government contractor and ranks first for the number of incidents, and fifth for the size of settlements on the 'contractor misconduct' database maintained by the Project on Government Oversight, a Washington, D.C.–based watchdog group. Since 1995, the company has agreed to pay $676.8 million to settle 88 instances of misconduct.[141]

In 2015, Lockheed Martin agreed to pay $4.7 million to settle charges that it illegally used taxpayer money to lobby the federal government to block competitors, including by funneling funds through its subsidiary, Sandia Corporation.[142][143] This involved hiring former Representative Heather Wilson, one of the most influential ex-lawmakers in the defense sector, as an unregistered lobbyist to maintain Lockheed's lucrative nuclear weapons lab contracts.[143][144] More broadly, commentators have criticized Lockheed Martin and other weapons defense firms for using secretive spending and dark money to influence defense policy, raising concerns about reduced accountability and national security risks.[145]

In 2013, Lt. Gen. Christopher Bogdan criticized the company's F-35 fighter program. The general said: "I want them both to start behaving like they want to be around for 40 years ... I want them to take on some of the risk of this program. I want them to invest in cost reductions. I want them to do the things that will build a better relationship. I'm not getting all that love yet."[146] The criticism came in the wake of previous criticism from former Defense Secretary Robert Gates regarding the same program.[147]

Lockheed Martin has highlighted the conflicts in Gaza and Ukraine as potential opportunities for future revenue growth.[148]

In March 2026, a panel of the Fifth Circuit Court of Appeals revived a qui tam lawsuit in United States ex rel. Ferguson v. Lockheed Martin Corp.[149] The case involves allegations that the company violated the Truth in Negotiations Act and the False Claims Act by providing inaccurate labor cost data during negotiations for the F-35 program.[150]

### Lobbying

According to the magazine Politico, Lockheed Martin has "a political network that is already the envy of its competitors", and its contracts enjoy wide bipartisan support in the U.S. Congress thanks to it having "perfected the strategy of spreading jobs on weapons programs in key states and congressional districts".[151] The company's 2022 lobbying expenditure is $13.6 million (2009 total: $13.7 million).[152][153]

Through its political action committee (PAC), the company provides low levels of financial support to candidates who advocate national defense and relevant business issues.[154] It was the largest contributor to the House Armed Services Committee chairman, Republican Buck McKeon of California with over $50,000 donated in the election cycle as of January 2011. It also was the top donor to Sen. Daniel Inouye (D-HI), the chair of the Senate Appropriations Committee before his death in 2012.[4]

Lockheed Martin Employees Political Action Committee is one of the 50 largest in the country, according to FEC data. With contributions from 3,000 employees, it donates $500,000 a year to about 260 House and Senate candidates.[155][needs update]

In 2025, Lockheed Martin was one of the donors who funded the White House's East Wing demolition, and planned building of a ballroom.[156]

## Management

Senior management consists of the CEO, CFO, and Executive Vice Presidents (EVPs) of four business areas.[157][158] The EVPs are responsible for managing major programs.[159]

On March 16, 2020, Lockheed announced that CEO Marillyn Hewson would become executive chair and be succeeded as CEO by James Taiclet on June 15; Taiclet was at the time the head of American Tower, and had previously been the president of Honeywell Aerospace and before that a VP at United Technologies. Lockheed also announced that it would create the chief operating officer role, to which current EVP Frank A. St John would be promoted.[160]

Employees in each program are organized into four tiers: Tier 1: Program Manager/VP, Tier 2: Functional Teams (Finance, Chief Engineer, Quality, Operations, etc.), Tier 3: Integrated Product Teams (IPTs) (Weapon System Development, Weapon System Integration, etc.), and Tier 4: detailed product development. Floor or touch workers belong to component assembly teams.[161] Lockheed Martin manages and maintains its relationship with these touch workers through its supervisors and unions.[162]

Lockheed Martin manages employees through its Full Spectrum Leadership and LM21 programs.[163] The LM21 program relies on Six Sigma principles, which are techniques to improve efficiency. Senior management constructs leadership councils and assigns managers to facilitate Kaizen events, which target specific processes for improvement. A manager facilitates teams and processes stakeholders and suppliers to streamline process implementation.[164][165][161]

Tier 2 Functional Leads and Tier 3 IPT Leads report to Tier 1. IPT leads are responsible for entire systems or products defined by the contract's Statement of Work.[161]

To control quality, Lockheed Martin trains and builds IPT teams.[161] and ensures that work is executed correctly through a Technical Performance Measure (TPM) system which emphasizes its Lean and 6 Sigma processes. Middle management uses commitment mechanisms that parallel high commitment and human relations theory.[166]

Floor employees assemble aircraft using Flow-to-takt lean manufacturing process[167] which uses properties from both division of labor and scientific management. By separating tasks based on parts, Lockheed Martin utilizes the division of labor theory,[168] specialization on a specific area creates efficiency.

### Double Helix methodology

The "Double Helix methodology" is a systems development methodology used by Lockheed Martin. It combines experimentation, technology, and a warfighter's concept of operations to create new tactics and weapons.[169]

## See also

* Arms industry
* Military–industrial complex
* Defense contractor – table of comparable companies
* Lockheed Martin Maintenance Trophy
* Top 100 US Federal Contractors

## References

1. ↑ 1.0 1.1 1.2 1.3 1.4 1.5 "US SEC: Form 10-K Lockheed Martin Corporation". United States Securities and Exchange Commission. January 28, 2026. https://www.sec.gov/ix?doc=/Archives/edgar/data/936468/000162828026004195/lmt-20251231.htm.
2. ↑ 2.0 2.1 2.2 2.3 "US SEC: Form 10-K Lockheed Martin Corporation". United States Securities and Exchange Commission. January 28, 2025. https://www.sec.gov/ix?doc=/Archives/edgar/data/936468/000093646825000009/lmt-20241231.htm.
3. ↑ "Lockheed Martin Corporation | American corporation" (in en). https://www.britannica.com/topic/Lockheed-Martin-Corporation.
4. ↑ 4.0 4.1 Hartung, William D. (January 12, 2011). "Is Lockheed Martin Shadowing You?". Mother Jones. https://www.motherjones.com/politics/2011/01/lockheed-martin-shadowing-you/.
5. ↑ "Propulsion system for a vertical and short takeoff and landing aircraft". 1990. http://www.freepatentsonline.com/5209428.pdf. United States Patent 5209428 (pdf of original)
6. ↑ Collier Trophy; list of winners. Retrieved January 2010
7. ↑ "Army, Navy and Air Force on Track to Reach 3 GW of Solar by 2025". Greentech Media. May 17, 2013. https://www.greentechmedia.com/articles/read/army-navy-and-air-force-on-track-for-3-gw-of-solar-by-2025.
8. ↑ Emily W. Prehoda, et al. 2017. U.S. Strategic Solar Photovoltaic-Powered Microgrid Deployment for Enhanced National Security. Renewable & Sustainable Energy Reviews 78, 167–175. doi:10.1016/j.rser.2017.04.094
9. ↑ Gaughan, Patrick A. (2011) (in en). Mergers, Acquisitions, and Corporate Restructurings (5th ed.). Hoboken, NJ: John Wiley & Sons. pp. 114. ISBN 978-0-470-56196-6.
10. ↑ Lynch, Jack (August 30, 1994). "Lockheed and Martin Marietta Set to Merge in $10 Billion Deal" (in en-US). The New York Times. ISSN 0362-4331. https://www.nytimes.com/1994/08/30/business/lockheed-and-martin-marietta-set-to-merge-in-10-billion-deal.html.
11. ↑ Norris, Floyd (August 31, 1994). "A 'merger of equals,' with Martin Marietta the most equal". The New York Times. https://www.nytimes.com/1994/08/31/business/market-place-a-merger-of-equals-with-martin-marietta-the-most-equal.html.
12. ↑ "Martin Marietta-Lockheed merger is approved". The New York Times. March 16, 1995. https://www.nytimes.com/1995/03/16/business/company-news-martin-marietta-lockheed-merger-is-approved.html.
13. ↑ Diamond, John. "Audit Recommends Slashing Pentagon Incentive Pay for Defense Execs". https://apnews.com/5d722dfdd62b97a758ab5cc097220138.
14. ↑ Mintz, John (April 23, 1996). "Lockheed-Martin Loral Merger May Mean a Loss of Business; McDonnell Douglas Threatens to Cancel Billions in Contracts". The Washington Post.
15. ↑ Wayne, Leslie (July 17, 1998). "Lockheed cancels Northrop merger, citing U.S. stand". The New York Times. https://www.nytimes.com/1998/07/17/business/lockheed-cancels-northrop-merger-citing-us-stand.html.
16. ↑ "Metric mishap caused loss of NASA orbiter". CNN. September 30, 1999. https://www.cnn.com/TECH/space/9909/30/mars.metric.02/.
17. ↑ "Math error equals loss of Mars orbiter". Science News. October 9, 1999. https://findarticles.com/p/articles/mi_m1200/is_15_156/ai_57155808/.
18. ↑ "When Software Catastrophe Strikes". Bloomberg News. August 7, 2012. https://www.bloomberg.com/news/photo-essays/2012-08-07/when-software-catastrophe-strikes.
19. ↑ "Remembering the time NASA lost a $193 million spacecraft due to a math mixup". Arizona Daily Star. March 4, 2022. https://tucson.com/news/science/remembering-the-time-nasa-lost-a-193-million-spacecraft-due-to-a-math-mixup/video_8299ab4a-b9ce-52bd-aaaa-00eec5938fc9.html.
20. ↑ "Peacetime Programmers". Electronic Gaming Monthly (Ziff Davis) (97): 66–67. August 1997.
21. ↑ Lorell, Mark A.; Lowell, Julia F.; Moore, Richard M.; Greenfield, Victoria A.; Vlachos, Katia (2002) (in en). Going Global?: U.S. Government Policy and the Defense Aerospace Industry. Santa Monica, CA: Rand Corporation. pp. 129. ISBN 0-8330-3193-7.
22. ↑ "Contract for BAE". The Times (Times Newspapers). November 28, 2000.
23. ↑ Parreault, Carl (July 14, 2004). "British aerospace firm buys Sanders". The Union Leader.
24. ↑ LOCKHEED MARTIN PAYS NASA $7.1 MILLION SETTLEMENT . U.S. Department of Justice, United States Attorney Press Release, July 10, 2003.
25. ↑ "Lockheed Workplace Murders Targeted Blacks". https://abcnews.go.com/Primetime/story?id=749286&page=1.
26. ↑ Halbfinger, David M.; Hart, Ariel (July 9, 2003). "Man Kills 5 Co-Workers at Plant and Himself" (in en-US). The New York Times. https://www.nytimes.com/2003/07/09/us/man-kills-5-co-workers-at-plant-and-himself.html.
27. ↑ Causey, Frances (Director) (January 15, 2017). The Long Shadow (DVD). United States: Passion River Films. Event occurs at 1:03:29.
28. ↑ Dutt, Jill. "Taking an Engineer's Approach at Lockheed Martin." Washington Post, May 1, 2006.
29. ↑ Spires, Shelby (April 28, 2009). "NASA slashes Orion Crew Exploration Vehicle crew size to four". al.com. Alabama Media Group. http://blog.al.com/space-news/2009/04/nasa_slashes_orion_crew_explor.html.
30. ↑ Norton, Frank; LaGrone, Sam (August 21, 2007). "Aircraft Maker Buys 3Dsolv e". The News and Observer. pp. D1. Retrieved February 28, 2022 – via Newspapers.com.
31. ↑ Norton, Frank; LaGrone, Sam (August 21, 2007). "Aircraft Maker Buys 3Dsolve". The News and Observer. pp. D3. Retrieved February 28, 2022 – via Newspapers.com.
32. ↑ "Lockheed Martin 3D Solutions in Cary, NC – (919) 469-9950". https://www.chamberofcommerce.com/united-states/north-carolina/cary/computers-and-equipment-wholesale-and-manufacturers/36862181-lockheed-martin-3d-solutions.
33. ↑ "Lockheed Martin Corporation 2013 Annual Report". lockheedmartin.com. https://www.lockheedmartin.com/content/dam/lockheed/data/corporate/documents/2013-Annual-Report.pdf.
34. ↑ "Lockheed Martin Acquires Nantero, Inc.'s Government Business Unit". Taume News. August 14, 2008. http://news.taume.com/World-Business/Business-Finance/Lockheed-Martin-Acquires-Nantero_-Inc__s-Government-Business-Unit-6439.
35. ↑ "UNITECH acquired by Lockheed Martin". UPI.com. United Press International, Inc.. https://www.upi.com/Business_News/Security-Industry/2008/12/29/UNITECH-acquired-by-Lockheed-Martin/UPI-27441230565547/.
36. ↑ Hult, Karla. "Lockheed Martin to Close Eagan Plant, Shed 1,000 Jobs." Kare 11 News, November 19, 2010.
37. ↑ "Lockheed to pay $2 million to settle lawsuit". The Washington Post. Bloomberg News. January 25, 2011. ISSN 0190-8286. https://www.washingtonpost.com/business/lockheed-to-pay-2-million-to-settle-lawsuit/2011/01/24/ABG1CTJ_story.html.
38. ↑ "Press Releases – D-Wave Systems". http://www.dwavesys.com/en/pressreleases.html.
39. ↑ "Lockheed Martin Hit by Unspecified Cyber Incident". Fox News. May 28, 2011. https://www.foxnews.com/politics/lockheed-martin-hit-by-unspecified-cyber-incident.
40. ↑ "Pentagon to Consider Cyberattacks Acts of War". The New York Times. June 1, 2011. https://www.nytimes.com/2011/06/01/us/politics/01cyber.html.
41. ↑ Seper, Jerry (March 23, 2012). "Lockheed Martin to pay back government for subcontractor scheme". Washington Times. http://www.washingtontimes.com/news/2012/mar/23/lockheed-martin-repay-government-15m-pricing-scam/.
42. ↑ "Lockheed Martin cuts 740 jobs". The Indian Express. July 11, 2012. http://www.indianexpress.com/news/lockheed-martin-cuts-740-jobs/973037/.
43. ↑ "Lockheed Martin raises compensation of CEO-elect Hewson". Chicago Tribune. November 27, 2012. https://www.chicagotribune.com/2012/11/27/lockheed-martin-raises-compensation-of-ceo-elect-hewson/.
44. ↑ Raymond, Nate (February 20, 2013). "Lockheed to settle securities fraud suit for $19.5 million". Reuters. https://www.reuters.com/article/us-lockheed-settlement-idUSBRE91J0ZH20130220.
45. ↑ "Dreamhammer Hammers Out Deal With Lockheed Martin". socalTECH.com. SOCALTECH LLC. https://www.socaltech.com/dreamhammer_hammers_out_deal_with_lockheed_martin/s-0050162.html.
46. ↑ "Bell Helicopter and Lockheed Martin team on V-280 Valor" AirFramer, September 9, 2013. Accessed: September 9, 2013.
47. ↑ Andrea Shalal-Esa (September 11, 2013). "Lockheed acquires Amor group as part of global expansion plan". Reuters. https://www.reuters.com/article/us-lockheed-acquisition-amor-idUSBRE98A17I20130911.
48. ↑ Chris Horne (November 14, 2013). "Lockheed Martin laying off hundreds, closing Akron facility". Scripps Media, Inc.. http://www.newsnet5.com/dpp/news/local_news/akron_canton_news/lockheed-martin-laying-off-hundreds-closing-akron-facility.
49. ↑ Andrea Shalal-Esa (October 9, 2013). "Lockheed, U.S. Air Force near $2.2 billion satellites deal". Reuters. https://www.reuters.com/article/us-lockheed-satellites-idUSBRE99818L20131009.
50. ↑ "Lockheed Martin Acquires BEONTRA AG". PR Newswire. March 18, 2014. https://www.prnewswire.com/news-releases/lockheed-martin-acquires-beontra-ag-250741761.html.
51. ↑ "Lockheed Martin To Acquire Industrial Defender". Lockheed Martin. March 12, 2014. http://id.lockheedmartin.com/lockheed-martin-to-acquire-industrial-defender.
52. ↑ Sherman, Erik (June 3, 2014). "Lockheed wins $915 million "space fence" contract". https://www.cbsnews.com/news/lockheed-wins-915-million-space-fence-contract/.
53. ↑ "US Senate Recent Examples of Contractor Fraud and Misconduct". http://www.budget.senate.gov/democratic/public/_cache/files/33ece616-4aaf-4eb5-b99b-44b9f993a096/ash-carter-letter-from-senator-sanders-3.4.2015.pdf.
54. ↑ Thompson, Loren. "Lockheed Martin Announces Sikorsky Purchase And Strategic Review Of Services Portfolio". https://www.forbes.com/sites/lorenthompson/2015/07/20/lockheed-martin-announces-sikorsky-purchase-and-strategic-review-of-services-portfolio/.
55. ↑ "Lockheed Martin takes the plunge with $9bn Sikorsky deal". July 20, 2015. https://www.flightglobal.com/news/articles/lockheed-martin-takes-the-plunge-with-9bn-sikorsky-414811/.
56. ↑ "Rotor & Wing". aviationtoday.com. http://www.aviationtoday.com/rw/topstories/Pentagon-Criticizes-Sikorsky-Acquisition_86178.htm.
57. ↑ "Lockheed Martin receives final regulatory approval needed to close Sikorsky acquisition – Vertical Magazine". https://www.verticalmag.com/news/article/LockheedMartinreceivesfinalregulatoryapprovalneededtocloseSi.
58. ↑ "Lockheed finalizes $9B purchase of helicopter maker Sikorsky". http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11541519.
59. ↑ "Lockheed Martin Completes Acquisition of Sikorsky Aircraft". lockheedmartin.com. https://lockheedmartin.com/us/news/press-releases/2015/november/151106-lockheed-martin-acquires-sikorsky.html.
60. ↑ Warwick, Graham. "Lockheed Martin’s Hybrid Wing-Body Future Airlifter"
61. ↑ "Flurry of Contracts Spark US Navy Shipbuilding". April 3, 2015. https://www.defensenews.com/story/defense/2015/04/03/navy-shipbuilding-contracts/25249469/.
62. ↑ Shalal, Andrea (December 11, 2015). "Lockheed Martin wins $867 million deal for Australian pilot training". https://www.reuters.com/article/us-lockheed-australia-idUSKBN0TS04L20151209#3YfI7Ly01ZixqqJ7.97.
63. ↑ Pugliese, David (August 11, 2016). "The latest update on defence contracts awarded". ottawacitizen. https://ottawacitizen.com/news/national/defence-watch/the-latest-update-on-defence-contracts-awarded.
64. ↑ Thompson, Loren. "Leidos Deal Closes, Spawning Vast Solutions Enterprise". https://www.forbes.com/sites/lorenthompson/2016/08/17/leidos-deal-closes-spawning-vast-solutions-enterprise/#cb8f2bc5a063.
65. ↑ "Leidos Holdings". https://fortune.com/fortune500/2019/leidos-holdings.
66. ↑ "Guide to $400 Billion in Saudi-U.S. Deals: Black Hawks to Oil". Bloomberg. May 22, 2017.
67. ↑ Macias, Amanda (August 14, 2018). "Lockheed Martin gets a second hypersonic weapons contract, this time for $480 million, as the US tries to keep pace with Russia and China". https://www.cnbc.com/2018/08/14/lockheed-martin-gets-480-million-hypersonics-contract-from-pentagon.html.
68. ↑ Macias, Amanda (April 18, 2018). "Lockheed Martin just got one step closer to handing hypersonic weapons to the US Air Force". https://www.cnbc.com/2018/04/18/lockheed-martin-just-got-one-step-closer-to-handing-hypersonic-weapons-to-the-us-air-force.html.
69. ↑ "NASA Announces New Partnerships for Commercial Lunar Payload Delivery Services". NASA. November 29, 2018. https://www.nasa.gov/press-release/nasa-announces-new-partnerships-for-commercial-lunar-payload-delivery-services.
70. ↑ Dunn, Marcia. "Next moon lander could be made in Colorado". The Associated Press; published by The Denver post, November 30, 2018.
71. ↑ "Lockheed Martin Selected for NASA's Commercial Lunar Lander Payload Services Contract". Yahoo Finance. November 29, 2018. https://finance.yahoo.com/news/lockheed-martin-selected-nasas-commercial-192300235.html.
72. ↑ "SpaceX Delays Falcon Heavy's First Commercial Launch of ArabSat-6A to 10 April". The First Post. April 9, 2019. https://www.firstpost.com/tech/science/spacex-delays-falcon-heavys-first-commercial-launch-of-arabsat-6a-to-10-april-6414011.html.
73. ↑ "NASA taps Lockheed Martin to build six more Orion crew capsules – Spaceflight Now". https://spaceflightnow.com/2019/09/23/nasa-taps-lockheed-martin-to-build-six-more-orion-crew-capsules/.
74. ↑ "Lockheed Martin Wins $138M Navy Deal to Support AEGIS CSEA". January 3, 2020. https://finance.yahoo.com/news/lockheed-martin-wins-138m-navy-144702004.html.
75. ↑ Garnier, Terace (January 31, 2020). "Pentagon Finds Over 800 Defects In Lockheed Fighter Jets". https://www.newsy.com/stories/pentagon-finds-over-800-defects-in-lockheed-fighter-jets/.
76. ↑ "Lockheed to obtain Vector satellite assets" (in en-US). February 24, 2020. https://spacenews.com/lockheed-to-obtain-vector-satellite-assets/.
77. ↑ "Lockheed Martin Buys Assets from Bankrupt Startup Vector Launch". https://news.bloomberglaw.com/bankruptcy-law/lockheed-martin-buys-assets-from-bankrupt-startup-vector-launch.
78. ↑ Martin, Lockheed. "Lockheed Martin Elects James D. Taiclet as President and CEO". www.prnewswire.com (Press release). Retrieved August 11, 2024.
79. ↑ "Taiclet adding chairman to his title at Lockheed Martin". January 29, 2021. https://www.bizjournals.com/washington/news/2021/01/29/taiclet-hewson-lockheed-martin.html.
80. ↑ "2020年7月14日外交部发言人赵立坚主持例行记者会". July 14, 2020. https://www.fmprc.gov.cn/web/fyrbt_673021/jzhsl_673025/t1797678.shtml.
81. ↑ "2020年10月27日外交部发言人汪文斌主持例行记者会". October 26, 2020. https://www.fmprc.gov.cn/web/wjdt_674879/fyrbt_674889/202010/t20201026_7816766.shtml.
82. ↑ "商务部回应不可靠实体清单实施有关问题". April 18, 2023. http://www.news.cn/2023-04/18/c_1129536032.htm.
83. ↑ "Lockheed makes a solid rocket motor splash, buying Aerojet Rocketdyne for $4.4B". https://www.bizjournals.com/washington/news/2020/12/20/lockheed-acquires-rocket-leader-aerojet-rocketdyne.html.
84. ↑ "Lockheed predicts Aerojet acquisition will close next quarter". Defense News. October 26, 2021. https://news.yahoo.com/lockheed-predicts-aerojet-acquisition-close-162701482.html.
85. ↑ Johnsson, Julie (February 13, 2022). "Lockheed Scraps Aerojet Deal After FTC Takes Tough Merger Stance" (in en-US). https://www.msn.com/en-us/money/companies/lockheed-scraps-aerojet-deal-after-ftc-takes-tough-merger-stance/ar-AATOdpa.
86. ↑ Saligrama, Anirudh; Bartz, Diane (February 13, 2022). "Lockheed scraps $4.4 billion deal to buy Aerojet amid regulatory roadblocks" (in en-us). Reuters. https://www.reuters.com/business/aerospace-defense/lockheed-martin-terminates-44-bln-deal-acquire-aerojet-rocketdyne-2022-02-13/.
87. ↑ McIntyre, Douglas (March 2, 2023). "Lockheed Martin Profits More From War Than Any Other Company on Earth". 24/7 Wall St.. https://247wallst.com/special-report/2023/03/02/lockheed-martin-profits-more-from-war-than-any-other-company-on-earth/.
88. ↑ Bedi, Rahul (February 28, 2022). "Russia's Invasion of Ukraine Bodes Good Business for Arms Manufacturers Worldwide". The Wire. https://thewire.in/business/russia-ukraine-invasion-business-arms-manufacturers.
89. ↑ "Ukraine war: How weapons makers are profiting from the conflict". Sky News. June 10, 2022. https://news.sky.com/story/ukraine-war-how-weapons-makers-are-profiting-from-the-conflict-12624574.
90. ↑ "As the war rages on and military spending booms, the US arms industry is a big winner in Ukraine". ABC News. January 20, 2023. https://www.abc.net.au/news/2023-01-21/us-arms-industry-military-spending-profits-ukraine-war-russia/101843752.
91. ↑ Kumar, Kavita (May 23, 2023). "Lockheed Martin design center coming to St. Paul, bringing more than 100 jobs". Star Tribune. https://www.startribune.com/lockheed-martin-design-center-coming-to-st-paul-bringing-more-than-100-jobs/600277215/.
92. ↑ Fedor, Liz (May 24, 2023). "Lockheed Martin Chooses St. Paul for a Business Expansion". Twin Cities Business. https://tcbmag.com/lockheed-martin-chooses-st-paul-for-a-business-expansion/.
93. ↑ "Lockheed Martin: Palestine protesters install blockade". BBC News. November 25, 2023. https://www.bbc.com/news/uk-england-beds-bucks-herts-67519517.
94. ↑ "Anti-war protesters block access to Lockheed Martin subsidiary in St. Paul". MPR News. November 10, 2023. https://www.mprnews.org/story/2023/11/20/antiwar-protesters-block-access-to-lockheed-martin-subsidiary-in-st-paul.
95. ↑ "Protesters Are Targeting Defense Contractors That Bragged About Profits from Gaza". Vice. November 17, 2023. https://www.vice.com/en/article/protesters-are-targeting-defense-contractors-that-bragged-about-profits-from-gaza/.
96. ↑ Marsi, Federica (July 1, 2025). "UN report lists companies complicit in Israel's "genocide": Who are they?". Al Jazeera. https://www.aljazeera.com/news/2025/7/1/un-report-lists-companies-complicit-in-israels-genocide-who-are-they.
97. ↑ Borger, Julian (July 3, 2025). "Global firms 'profiting from genocide' in Gaza, says UN rapporteur". The Guardian. https://www.theguardian.com/world/2025/jul/03/global-firms-profiting-israel-genocide-gaza-united-nations-rapporteur.
98. ↑ Sheetz, Michael (March 1, 2024). "Lockheed Martin looks to acquire spacecraft maker Terran Orbital for nearly $600 million" (in en). https://www.cnbc.com/2024/03/01/lockheed-martin-looks-to-acquire-terran-orbital-for-about-600-million.html.
99. ↑ "US army awards Lockheed Martin $4.5 billion multi-year Patriot Missiles contract". June 28, 2024. https://www.reuters.com/business/aerospace-defense/us-army-awards-lockheed-martin-45-bln-contract-2024-06-28/.
100. ↑ Stone, Mike (October 9, 2024). "Lockheed names new F-35 fighter jet program leader". https://www.reuters.com/business/aerospace-defense/lockheed-names-new-f-35-fighter-jet-program-leader-2024-10-09/.
101. ↑ "Lockheed forms subsidiary to help defense companies adopt AI". December 16, 2024. https://reuters.com/technology/artificial-intelligence/lockheed-forms-subsidiary-help-defense-companies-adopt-ai-2024-12-16/.
102. ↑ "Lockheed breaks ground on new THAAD interceptor plant". https://breakingdefense.com/2026/05/lockheed-breaks-ground-on-new-thaad-interceptor-plant-as-pentagon-pushes-for-more-weapons-production/.
103. ↑ 103.0 103.1 "Lockheed Martin Corporation: Shareholders Board Members Managers and Company Profile | US5398301094 | MarketScreener" (in en). https://www.marketscreener.com/quote/stock/LOCKHEED-MARTIN-CORPORATI-13406/company/.
104. ↑ III, Woodrow Bellamy (January 26, 2022). "Lockheed Martin Finishes 2021 With Strong Fourth Quarter" (in en). https://www.aviationtoday.com/2022/01/26/lockheed-martin-finishes-2021-strong-fourth-quarter/.
105. ↑ 105.0 105.1 "0000936468-20-000016 | 10-K". https://investors.lockheedmartin.com/sec-filings/sec-filing/10-k/0000936468-20-000016.
106. ↑ 106.0 106.1 "Historical Price Lookup". https://investors.lockheedmartin.com/stock-information/historical-price-lookup.
107. ↑ "Koyfin | Advanced graphing and analytical tools for investors". https://koyfin.com/.
108. ↑ "Lockheed Martin". https://fortune.com/fortune500/2019/lockheed-martin.
109. ↑ "2005 Annual Report". https://www.annualreports.com/HostedData/AnnualReportArchive/l/NYSE_LMT_2005.pdf.
110. ↑ "2006 Annual Report". https://www.annualreports.com/HostedData/AnnualReportArchive/l/NYSE_LMT_2006.pdf.
111. ↑ "2007 Annual Report". https://www.annualreports.com/HostedData/AnnualReportArchive/l/NYSE_LMT_2007.pdf.
112. ↑ "2008 Annual Report". https://www.annualreports.com/HostedData/AnnualReportArchive/l/NYSE_LMT_2008.pdf.
113. ↑ "2009 Annual Report". https://www.annualreports.com/HostedData/AnnualReportArchive/l/NYSE_LMT_2009.pdf.
114. ↑ "2010 Annual Report". https://www.annualreports.com/HostedData/AnnualReportArchive/l/NYSE_LMT_2010.pdf.
115. ↑ "2011 Annual Report". https://www.annualreports.com/HostedData/AnnualReportArchive/l/NYSE_LMT_2011.pdf.
116. ↑ "2012 Annual Report". https://www.annualreports.com/HostedData/AnnualReportArchive/l/NYSE_LMT_2012.pdf.
117. ↑ "2013 Annual Report". https://www.annualreports.com/HostedData/AnnualReportArchive/l/NYSE_LMT_2013.pdf.
118. ↑ "2014 Annual Report". https://www.annualreports.com/HostedData/AnnualReportArchive/l/NYSE_LMT_2014.pdf.
119. ↑ "2015 Annual Report". https://www.annualreports.com/HostedData/AnnualReportArchive/l/NYSE_LMT_2015.pdf.
120. ↑ "2016 Annual Report". https://www.annualreports.com/HostedData/AnnualReportArchive/l/NYSE_LMT_2016.pdf.
121. ↑ "2017 Annual Report". https://www.annualreports.com/HostedData/AnnualReports/PDF/NYSE_LMT_2017.pdf.
122. ↑ "2018 Annual Report". https://www.lockheedmartin.com/content/dam/lockheed-martin/eo/documents/annual-reports/2018-annual-report.pdf.
123. ↑ "Historical Price Lookup for December 31, 2018". https://investors.lockheedmartin.com/stock-information/historical-price-lookup?8c7bdd83-a726-4a84-b969-494be2477e47[LMT][date_month]=12&8c7bdd83-a726-4a84-b969-494be2477e47[LMT][date_day]=31&8c7bdd83-a726-4a84-b969-494be2477e47[LMT][date_year]=2018&url=.
124. ↑ "2020 Annual Report". Lockheed Martin. https://www.lockheedmartin.com/content/dam/lockheed-martin/eo/documents/annual-reports/lockheed-martin-annual-report-2020.pdf.
125. ↑ "Historical Price Lookup for December 31, 2020". Lockheed Martin. https://investors.lockheedmartin.com/stock-information/historical-price-lookup?8c7bdd83-a726-4a84-b969-494be2477e47[LMT][date_month]=12&8c7bdd83-a726-4a84-b969-494be2477e47[LMT][date_day]=31&8c7bdd83-a726-4a84-b969-494be2477e47[LMT][date_year]=2020&url=.
126. ↑ "US SEC: Form 10-K Lockheed Martin Corporation". United States Securities and Exchange Commission. January 25, 2022. https://www.sec.gov/ix?doc=/Archives/edgar/data/936468/000093646822000008/lmt-20211231.htm.
127. ↑ "Historical Price Lookup for December 31, 2021". Lockheed Martin. https://investors.lockheedmartin.com/stock-information/historical-price-lookup?8c7bdd83-a726-4a84-b969-494be2477e47[LMT][date_month]=12&8c7bdd83-a726-4a84-b969-494be2477e47[LMT][date_day]=31&8c7bdd83-a726-4a84-b969-494be2477e47[LMT][date_year]=2021&url=.
128. ↑ "US SEC: Form 10-K Lockheed Martin Corporation". United States Securities and Exchange Commission. January 26, 2023. https://www.sec.gov/ix?doc=/Archives/edgar/data/936468/000093646823000009/lmt-20221231.htm.
129. ↑ "Historical Price Lookup for December 31, 2022". Lockheed Martin. https://investors.lockheedmartin.com/stock-information/historical-price-lookup?8c7bdd83-a726-4a84-b969-494be2477e47[LMT][date_month]=12&8c7bdd83-a726-4a84-b969-494be2477e47[LMT][date_day]=31&8c7bdd83-a726-4a84-b969-494be2477e47[LMT][date_year]=2022&url=.
130. ↑ "US SEC: Form 10-K Lockheed Martin Corporation". United States Securities and Exchange Commission. January 23, 2024. https://www.sec.gov/Archives/edgar/data/936468/000093646824000010/lmt-20231231.htm.
131. ↑ "Historical Price Lookup for Week of December 26, 2023". Lockheed Martin. https://investors.lockheedmartin.com/stock-information/historical-price-lookup?8c7bdd83-a726-4a84-b969-494be2477e47[LMT][date_month]=12&8c7bdd83-a726-4a84-b969-494be2477e47[LMT][date_day]=30&8c7bdd83-a726-4a84-b969-494be2477e47[LMT][date_year]=2023&url=.
132. ↑ 132.0 132.1 Menchaca, Paul J. (2025-07-31). "Lockheed Martin (LMT) teases 'magical' aircraft project—and it's not Trump's F-55". https://investorsobserver.com/news/stock-update/lockheed-martin-lmt-teases-magical-aircraft-project-and-its-not-trumps-f-55/.
133. ↑ 133.0 133.1 Dwilson, Derek (2025-07-25). "Lockheed Martin Teases 'Magical' Classified Project That Will Be 'Game-Changing'". https://finance.yahoo.com/news/lockheed-martin-teases-magical-classified-015749900.html?guccounter=1.
134. ↑ [1]LM EO webpage
135. ↑ official site ds2.com
136. ↑ "PAE Company Overview". p. 5. http://www.pae.com/sites/default/files/PAE_Company Overview Final[1].pdf.
137. ↑ [2]2016 CAE Acquisition Announcement
138. ↑ "Board of Directors · Lockheed Martin". https://www.lockheedmartin.com/us/who-we-are/corporate-governance/board.html.
139. ↑ "Lockheed Martin Board Elects James D. Taiclet As Chairman...". Lockheed Martin, January 29, 2021.
140. ↑ "Lockheed Martin Corporation (LMT) Ownership Summary". March 31, 2020. https://www.nasdaq.com/symbol/lmt/ownership-summary.
141. ↑ "Federal Contractor Misconduct Database". Project on Government Oversight. http://www.contractormisconduct.org/.
142. ↑ "Lockheed's top government affairs official not registered as lobbyist". July 3, 2016. https://www.politico.com/story/2016/07/lockheed-lobbyist-no-registered-225044.
143. ↑ 143.0 143.1 Tiefer, Charles. "The 10 Worst Things About Lockheed Martin's Alleged Lobbying Fraud" (in en). https://www.forbes.com/sites/charlestiefer/2015/08/31/lockheed-fined-4-7-million-for-fraudulent-taxpayer-paid-lobbying-with-most-corrupt-ex-rep-wilson/.
144. ↑ "Lockheed Martin pays $4.7 million to settle charges it lobbied for federal contract with federal money" (in en). The Washington Post. 2015-08-27. https://www.washingtonpost.com/news/federal-eye/wp/2015/08/24/after-allegations-that-it-lobbied-with-federal-money-to-block-competition-lockheed-martin-agrees-to-pay-almost-5-million/.
145. ↑ Williams, Janiyah (2022-08-04). "Secret spending by the weapons industry is making us less safe" (in en-US). The Hill. https://thehill.com/opinion/national-security/3588029-secret-spending-by-the-weapons-industry-is-making-us-less-safe/.
146. ↑ Drew, Christopher (February 27, 2013). "Lockheed Criticized by F-35 Jet Program Chief". The New York Times. https://www.nytimes.com/2013/02/28/business/lockheed-criticized-by-f-35-jet-program-chief.html?gwh=A3B475A95F1953E78A6BB177A73AEB78.
147. ↑ Bob Cox (February 3, 2010). "Lockheed Martin downplays Gates' criticism of F-35 program". The Fort Worth Star-Telegram. http://www.mcclatchydc.com/2010/02/03/83590/lockheed-martin-downplays-gates.html.
148. ↑ Goodkind, Nicole (October 18, 2023). "What the Israel-Hamas war means for defense stocks" (in en). https://www.cnn.com/2023/10/18/investing/premarket-stocks-trading/index.html.
149. ↑ "Fifth Circuit Panel Produces Three Opinions Wrestling with Application of First to File Bar". Sidley Austin LLP. March 13, 2026. https://fcablog.sidley.com/2026/03/13/fifth-circuit-panel-produces-three-opinions-wrestling-with-application-of-first-to-file-bar/.
150. ↑ "United States of America ex rel. Ferguson v. Lockheed Martin Corp., No. 24-10713 (5th Cir. 2026)". Fifth Circuit Court of Appeals. March 9, 2026. http://www.ca5.uscourts.gov/opinions/pub/24/24-10713-CV0.pdf.
151. ↑ Munsil, Leigh; Wright, Austin (August 12, 2015). "Is Lockheed Martin too big to fail? Lockheed has made itself dominant on Capitol Hill – with defense jobs in virtually every state". Politico. https://www.politico.com/story/2015/08/is-lockheed-martin-too-big-too-fail-121203.html.
152. ↑ "Lockheed Martin Profile: Summary". OpenSecrets. https://www.opensecrets.org/orgs/lockheed-martin/summary?id=D000000104.
153. ↑ "Lobbying Disclosure Act Database". United States Senate. http://soprweb.senate.gov/index.cfm?event=chooseFields.
154. ↑ "Political Disclosures". LockheedMartin.com. https://www.lockheedmartin.com/investor/corporate_governance/PoliticalDisclosures.html.
155. ↑ "CorpWatch: US: Lockheed Martin Lobby Group Audited". http://www.corpwatch.org/article.php?id=7838.
156. ↑ Maher, Kit; Tapper, Jake; Jaramillo, Alejandra. "White House releases list of donors for Trump's multi-million-dollar ballroom". CNN. https://www.cnn.com/2025/10/23/politics/ballroom-donors-white-house-trump.
157. ↑ "Executive Leadership". Lockheed Martin. September 23, 2021. https://www.lockheedmartin.com/en-us/who-we-are/leadership-governance.html.
158. ↑ "Our Businesses". Lockheed Martin. March 11, 2021. https://www.lockheedmartin.com/en-us/who-we-are/business-areas.html.
159. ↑ "lmt-20251231". https://www.sec.gov/Archives/edgar/data/936468/000162828026004195/lmt-20251231.htm.
160. ↑ Etherington, Darrell (March 16, 2020). "Lockheed Martin CEO Marilyn Hewson to be succeeded by board member James Taiclet". https://techcrunch.com/2020/03/16/lockheed-martin-ceo-marilyn-hewson-to-be-succeeded-by-board-member-james-taiclet/.
161. ↑ 161.0 161.1 161.2 161.3 Cox, James D. (July 26–28, 1993). ﻿Organizational Challenges in the Integrated Product Team Implementation﻿ (Report). Arlington, Virginia: Proceedings of the Third Annual International Symposium of the National Council on Systems Engineering. http://libsys.uah.edu/library/incose/Contents/Papers/93/9366.pdf. Retrieved October 19, 2012.
162. ↑ "Job search-Labor Relations Representative in Marietta Georgia United States". LockheedMartin.com.. http://lockheedmartin-veterans.jobs/marietta-ga/labor-relations-representative/30654895/job/.
163. ↑ "Full Spectrum Leadership". Lockheed Martin. https://www.lockheedmartin.com/us/who-we-are/leadership/full-spectrum-leadership.html.
164. ↑ Joyce, Michael; Schechter, Bettina (2004). "The Lean Enterprise- A Management Philosophy at Lockheed Martin". Defense Acquisition Review Journal: 173–181. http://www.dtic.mil/cgi-bin/GetTRDoc?AD=ADA435279. Retrieved October 19, 2012.
165. ↑ Mayo, E. (1949). "Hawthorne and the Western Electric Company". The Social Problems of an Industrial Civilization. Routledge. pp. 60–76. http://isites.harvard.edu/fs/docs/icb.topic1074572.files/Mayo_HawthornWesternElec.pdf. Retrieved October 19, 2012.
166. ↑ Walton, Richard E. (March–April 1985). "From Control to Commitment in the Workplace". Harvard Business Review: 77–84.
167. ↑ "The Factory Flow, Assembling Major Components". https://f35.com/building-the-f-35/production/the-moving-line.aspx.
168. ↑ Frank Dobbins Lecture, September 10, 2012, Harvard University
169. ↑ "The Right Technology for Tomorrow – Today". Tech Briefs. Lockheed Martin. October 24, 2008. http://www.atl.lmco.com/news/techbriefs/techbriefs_DH.php.

## Further reading

* William D. Hartung. Prophets of War: Lockheed Martin and the Making of the Military-Industrial Complex. Nation Books, 2010. ISBN 9781568584201.
* "A Security Analyst Wins Big in Court". Time magazine
* "Lockheed Wins Contract to Build NASA's New Spaceship". Washington Post
* "Jury Slaps Defense Giant for Neglecting National Security". ABC News
* "NASA: Mars Surveyor Was Doomed By Humans". CBS News
* "Lockheed Fined Over Secrets Breach". BBC News
* "Coast Guard Failed to Properly Oversee Contracts, Officials Say". Washington Post
* Ceremonial event planned for final F-22 Raptor
* "Patents owned by Lockheed Martin". US Patent & Trademark Office. http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&u=/netahtml/search-adv.htm&r=0&p=1&f=S&l=50&Query=an/"Lockheed+Martin"&d=ptxt.

## External links

* No URL found. Please specify a URL here or add one to Wikidata.
* Business data for Lockheed Martin Corporation:

* Google Finance
* Yahoo! Finance
* Reuters
* SEC filings

* Lockheed Martin Corporation recipient profile on USAspending.gov
* Lockheed Martin at SourceWatch

* v
* t
* e

Lockheed Martin

Divisions and
subsidiaries|

| Current|

* LM Aeronautics
* LM Canada
* LM Information Technology
* LM Missiles and Fire Control
* LM Rotary and Mission Systems
* LM Orincon
* LM Space Systems
* LM UK
* Sikorsky Aircraft
* Skunk Works

|

Former|

* LM Global Training and Logistics
* LM Mission Systems and Sensors
* LM Systems Integration - Owego
* LM Transportation & Security Solutions
* Savi Technology

Joint ventures|

* United Space Alliance
* United Launch Alliance

Facilities|

* Goodyear Airdock
* Knolls Atomic Power Laboratory
* LM Space Applications Laboratory
* Michoud Assembly Facility
* Sandia National Laboratories (former)

Active products|

* A2100
* Aegis
* AeroText
* Asroc
* ATACMS
* Atlas V rocket
* C-5
* C-130J
* Space Shuttle External Fuel Tank
* Force Hawk
* F-16
* F-22
* F-35
* GPS Block IIIA
* JASSM
* Javelin
* JCM
* Hellfire
* HIMARS
* MEADS
* Milstar
* MLRS
* MUOS
* Nimiq
* Orion spacecraft
* P-3
* SBIRS
* THAAD
* Sniper XR
* T-50
* Trident missile
* U-2

* Category
* Commons

* v
* t
* e

Lockheed and Lockheed Martin aircraft and spacecraft

Transports|

| Constellation family|

* Constellation
* L-049
* L-649
* L-749
* L-1049
* L-1249
* l-1649 Starliner
* C-69
* C-121
* EC-121
* R6V
* XB-30

|

Hercules family|

* C-130
* C-130J
* AC-130
* DC-130
* HC-130
* EC-130
* EC-130H
* KC-130
* LC-130
* MC-130
* WC-130
* L-100

Model 10 Electra family|

* Model 10
* Electra Junior
* Lodestar
* Hudson
* Super Electra
* Ventura

L-188 Electra family|

* L-188
* P-3
* EP-3
* CP-140
* P-7

Other types|

* Air Express
* Altair
* C-5
* C-141
* Excalibur
* JetStar
* L-1011
* Orion
* Saturn
* Sirius
* TriStar
* RAF
* Vega
* Vega Starliner

Fighter-bombers|

| Lightning family|

* P-38
* XP-49
* XP-58

|

Shooting Star family|

* F-80
* F-94
* T-33
* T2V

Starfighter family|

* XF-104
* F-104
* NF-104A
* CL-288
* CL-1200

Raptor family|

* YF-22
* F-22
* FB-22
* X-44 MANTA

Other types|

* A-4AR
* A-9
* F-16
* F-21
* F-35
* F-117
* XFM-2
* XF-90
* YP-24

Reconnaissance|

| Blackbird family|

* A-12
* SR-71 Blackbird
* YF-12
* M-21
* D-21

|

Maritime patrol|

* P-2 Neptune
* S-3 Viking

Other manned|

* U-2
* YO-3
* TR-X

Other UAVs|

* Aequare
* AQM-60
* Cormorant (UAV)
* Desert Hawk
* Desert Hawk III
* Fury
* MQM-105
* Polecat
* RQ-3
* RQ-170
* SR-72
* X-44 (UAV)

Trainers|

* T-33
* T2V
* T-50A

Helicopters|

* CL-475
* XH-51
* AH-56 Cheyenne
* VH-71 Kestrel
* VH-92

Experimental|

* Have Blue
* L-133
* L-301
* Senior Peg
* Senior Prom
* Star Clipper
* XC-35
* X-7
* X-17
* X-24C
* X-26B
* X-33
* X-35
* X-55
* X-56
* X-59
* XFV
* XV-4

Light aircraft|

* Big Dipper
* Explorer
* L-402
* Little Dipper

Missiles|

* Agena
* High Virgo
* Perseus
* Ping-Pong
* Polaris
* Poseidon
* Trident I
* Trident II

Template:Maryland Corporations Template:DJSI World

* v
* t
* e

S&P 500 companies

Energy|

* APA Corporation
* Baker Hughes
* Chevron Corporation
* ConocoPhillips
* Devon Energy
* Diamondback Energy
* EOG Resources
* EQT Corporation
* Expand Energy
* ExxonMobil
* Halliburton
* Kinder Morgan
* Marathon Petroleum
* Occidental Petroleum
* Oneok
* Phillips 66
* SLB
* Targa Resources
* Texas Pacific Land Corporation
* Valero Energy
* Williams Companies

Materials|

* Air Products
* Albemarle Corporation
* Amcor
* Avery Dennison
* Ball Corporation
* CF Industries
* Corteva
* CRH plc
* Dow Chemical Company
* DuPont
* Ecolab
* Freeport-McMoRan
* International Flavors & Fragrances
* International Paper
* Linde plc
* LyondellBasell
* Martin Marietta Materials
* Newmont
* Nucor
* Packaging Corporation of America
* PPG Industries
* Sherwin-Williams
* Smurfit Westrock
* Steel Dynamics
* Vulcan Materials Company

Industrials|

* 3M
* A. O. Smith
* Allegion
* Ametek
* Automatic Data Processing
* Axon Enterprise
* Boeing
* Broadridge Financial Solutions
* Builders FirstSource
* C.H. Robinson
* Carrier Global
* Caterpillar Inc.
* Cintas
* Comfort Systems USA
* Copart
* CSX Corporation
* Cummins
* Deere & Company
* Delta Air Lines
* Dover Corporation
* Eaton Corporation
* Emcor
* Emerson Electric
* Equifax
* Expeditors International
* Fastenal
* FedEx
* FedEx Freight
* Fortive
* GE Aerospace
* GE Vernova
* Generac
* General Dynamics
* Honeywell
* Howmet Aerospace
* Hubbell Incorporated
* Huntington Ingalls Industries
* IDEX Corporation
* Illinois Tool Works
* Ingersoll Rand
* J. B. Hunt
* Jacobs Solutions
* Johnson Controls
* L3Harris
* Leidos
* Lennox International
* Lockheed Martin
* Masco
* Nordson Corporation
* Norfolk Southern Railway
* Northrop Grumman
* Old Dominion Freight Line
* Otis Worldwide
* Paccar
* Parker Hannifin
* Paychex
* Pentair
* Quanta Services
* RTX Corporation
* Republic Services
* Rockwell Automation
* Rollins, Inc.
* Snap-on
* Southwest Airlines
* Stanley Black & Decker
* Textron
* Trane Technologies
* TransDigm Group
* Uber
* Union Pacific Corporation
* United Airlines
* United Parcel Service
* United Rentals
* Veralto
* Verisk Analytics
* Vertiv
* W. W. Grainger
* Wabtec
* Waste Management, Inc.
* Xylem Inc.

Consumer
discretionary|

* Airbnb
* Amazon
* Aptiv
* AutoZone
* Best Buy
* Booking Holdings
* Carnival
* Carvana
* Chipotle Mexican Grill
* Darden Restaurants
* Deckers Brands
* Domino's
* DoorDash
* D. R. Horton
* eBay
* Expedia Group
* Ford Motor Company
* Garmin
* General Motors
* Genuine Parts Company
* Hasbro
* Hilton Worldwide
* Home Depot
* Las Vegas Sands
* Lennar
* Lowe's
* Lululemon
* Marriott International
* McDonald's
* MGM Resorts International
* Nike, Inc.
* Norwegian Cruise Line Holdings
* NVR, Inc.
* O'Reilly Auto Parts
* Pool Corporation
* PulteGroup
* Ralph Lauren Corporation
* Ross Stores
* Royal Caribbean Group
* Starbucks
* Tapestry, Inc.
* Tesla, Inc.
* TJX
* Tractor Supply Company
* Ulta Beauty
* Williams-Sonoma, Inc.
* Wynn Resorts
* Yum! Brands

Consumer
staples|

* Altria
* Archer Daniels Midland
* Brown-Forman
* Bunge Global
* Campbell's
* Casey's
* Church & Dwight
* Clorox
* The Coca-Cola Company
* Colgate-Palmolive
* Conagra Brands
* Constellation Brands
* Costco
* Dollar General
* Dollar Tree
* Estée Lauder Companies
* General Mills
* The Hershey Company
* Hormel Foods
* Kenvue
* Keurig Dr Pepper
* Kimberly-Clark
* Kraft Heinz
* Kroger
* McCormick & Company
* Molson Coors
* Mondelez International
* Monster Beverage
* PepsiCo
* Philip Morris International
* Procter & Gamble
* The J.M. Smucker Company
* Sysco
* Target Corporation
* Tyson Foods
* Walmart

Health Care|

* Abbott Laboratories
* AbbVie
* Agilent Technologies
* Align Technology
* Amgen
* Baxter International
* Becton Dickinson
* Bio-Techne
* Biogen
* Boston Scientific
* Bristol Myers Squibb
* Cardinal Health
* Cencora
* Centene Corporation
* Charles River Laboratories
* The Cigna Group
* Cooper Companies
* CVS Health
* Danaher Corporation
* DaVita
* Dexcom
* Edwards Lifesciences
* Elevance Health
* GE HealthCare
* Gilead Sciences
* HCA Healthcare
* Henry Schein
* Humana
* Idexx Laboratories
* Incyte
* Insulet Corporation
* Intuitive Surgical
* IQVIA
* Johnson & Johnson
* Labcorp
* Eli Lilly and Company
* McKesson Corporation
* Medtronic
* Merck & Co.
* Mettler Toledo
* Moderna
* Pfizer
* Quest Diagnostics
* Regeneron Pharmaceuticals
* ResMed
* Revvity
* Solventum
* Steris
* Stryker Corporation
* Thermo Fisher Scientific
* UnitedHealth Group
* Universal Health Services
* Veeva Systems
* Vertex Pharmaceuticals
* Viatris
* Waters Corporation
* West Pharmaceutical Services
* Zimmer Biomet
* Zoetis

Financials|

* Aflac
* Allstate
* American Express
* American International Group
* Ameriprise Financial
* Aon
* Apollo Global Management
* Arch Capital Group
* Ares Management
* Arthur J. Gallagher & Co.
* Assurant
* Bank of America
* Berkshire Hathaway
* BlackRock
* Blackstone Inc.
* Block, Inc.
* BNY
* Brown & Brown
* Capital One
* Cboe Global Markets
* Charles Schwab Corporation
* Chubb Limited
* Cincinnati Financial
* Citigroup
* Citizens Financial Group
* CME Group
* Coinbase
* Corpay
* Erie Indemnity
* Everest Group
* FactSet
* FIS
* Fifth Third Bank
* Fiserv
* Franklin Resources
* Global Payments
* Globe Life
* Goldman Sachs
* The Hartford
* Huntington Bancshares
* Interactive Brokers
* Intercontinental Exchange
* Invesco
* Jack Henry & Associates
* JPMorgan Chase
* KeyBank
* KKR & Co.
* Loews Corporation
* M&T Bank
* Marsh McLennan
* Mastercard
* MetLife
* Moody's Corporation
* Morgan Stanley
* MSCI
* Nasdaq, Inc.
* Northern Trust
* PayPal
* PNC Financial Services
* Principal Financial Group
* Progressive Corporation
* Prudential Financial
* Raymond James Financial
* Regions Financial Corporation
* Robinhood Markets
* S&P Global
* State Street Corporation
* Synchrony Financial
* T. Rowe Price
* The Travelers Companies
* Truist
* U.S. Bancorp
* Visa Inc.
* W. R. Berkley Corporation
* Wells Fargo
* Willis Towers Watson

Information
technology|

* Accenture
* Adobe Inc.
* Akamai Technologies
* AMD
* Amphenol
* Analog Devices
* Apple Inc.
* Applied Materials
* AppLovin
* Arista Networks
* Autodesk
* Broadcom
* Cadence Design Systems
* CDW
* Ciena
* Cisco
* Cognizant
* Coherent Corp.
* Corning Inc.
* CrowdStrike
* Datadog
* Dell Technologies
* F5, Inc.
* FICO
* First Solar
* Fortinet
* Gartner
* Gen Digital
* GoDaddy
* Hewlett Packard Enterprise
* HP Inc.
* IBM
* Intel
* Intuit
* Jabil
* Keysight
* KLA Corporation
* Lam Research
* Lumentum
* Microchip Technology
* Micron Technology
* Microsoft
* Monolithic Power Systems
* Motorola Solutions
* NetApp
* Nvidia
* NXP Semiconductors
* onsemi
* Oracle Corporation
* Palantir
* Palo Alto Networks
* PTC Inc.
* Qualcomm
* Qnity Electronics
* Roper Technologies
* Salesforce
* Sandisk
* Seagate Technology
* ServiceNow
* Skyworks Solutions
* Supermicro
* Synopsys
* TE Connectivity
* Teledyne Technologies
* Teradyne
* Texas Instruments
* Trimble Inc.
* Tyler Technologies
* Verisign
* Western Digital
* Workday, Inc.
* Zebra Technologies

Communication
services|

* Alphabet Inc.
* AT&T
* Charter Communications
* Comcast
* EchoStar
* Electronic Arts
* Fox Corporation
* Live Nation Entertainment
* Meta Platforms
* Netflix
* News Corp
* Omnicom Group
* Paramount Skydance
* T-Mobile
* Take-Two Interactive
* TKO Group Holdings
* The Trade Desk
* Verizon
* The Walt Disney Company
* Warner Bros. Discovery

Real estate|

* Alexandria Real Estate Equities
* American Tower
* AvalonBay Communities
* BXP, Inc.
* Camden Property Trust
* CBRE Group
* CoStar Group
* Crown Castle
* Digital Realty
* Equinix
* Equity Residential
* Essex Property Trust
* Extra Space Storage
* Federal Realty Investment Trust
* Healthpeak Properties
* Host Hotels & Resorts
* Invitation Homes
* Iron Mountain
* Kimco Realty
* Mid-America Apartment Communities
* Prologis
* Public Storage
* Realty Income
* Regency Centers
* SBA Communications
* Simon Property Group
* UDR, Inc.
* Ventas
* Vici Properties
* Welltower
* Weyerhaeuser

Utilities|

* AES Corporation
* Alliant Energy
* Ameren
* American Electric Power
* American Water Works
* Atmos Energy
* CenterPoint Energy
* CMS Energy
* Consolidated Edison
* Constellation Energy
* Dominion Energy
* DTE Energy
* Duke Energy
* Edison International
* Entergy
* Evergy
* Eversource Energy
* Exelon
* FirstEnergy
* NextEra Energy
* NiSource
* NRG Energy
* Pacific Gas and Electric Company
* Pinnacle West Capital
* PPL Corporation
* Public Service Enterprise Group
* Sempra
* Southern Company
* Vistra Corp.
* WEC Energy Group
* Xcel Energy

0.00

(0 votes)

Original source: https://en.wikipedia.org/wiki/Lockheed Martin. Read more

|

Retrieved from "https://handwiki.org/wiki/index.php?title=Company:Lockheed_Martin&oldid=4431880"
*[v]: View this template
*[t]: Discuss this template
*[e]: Edit this template