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Lockheed Martin Corp: Overview

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Lockheed Martin Corp (Lockheed Martin) provides advanced technology systems and products for defense, civil and commercial applications. The company offers management, technical, engineering, scientific, logistics, and information services. Its product portfolio includes military and rotary-wing aircraft, airlifter, ground vehicles, missiles and guided weapons, radar systems, sensors, unmanned systems and naval systems. Lockheed Martin provides support and upgrade services for military aircraft, cybersecurity, ground vehicles, missile defense systems, satellites, and space transportation systems. It serves the US government and commercial customers. The company has business operations in the Americas, Africa, Europe, Asia-Pacific, and the Middle East. Lockheed Martin is headquartered in Bethesda, Maryland, the US.

Headquarters United States of America

Address 6801 Rockledge Drive, Bethesda, Maryland, 20817


Telephone 1 301 8976000

No of Employees 114,000

Industry Aerospace and Defense

Ticker Symbol & Exchange LMT (NYSE)

Revenue (2021) $67.0B 2.5% (2021 vs 2020)

EPS XXX

Net Income (2021) XXX -7.6% (2021 vs 2020)

Market Cap* $117.8B

Net Profit Margin (2021) XXX -9.9% (2021 vs 2020)

* As of and is in US$

Products and Services

Products Services
Aeronautics: Engineering Support and Integration Services
Combat and Air Mobility Aircraft Mission Operations Support
Unmanned Air Vehicles
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2022 Contracts/Agreements In May, the company awarded a contract worth US$9.8 million to a previously awarded contract to provide F-35 Joint Strike Fighter depot material lay-in.
2022 Contracts/Agreements In May, the company awarded two contracts worth US$309 million by the U.S. army for its Javelin missiles, the antitank weapon.
2022 Contracts/Agreements In May, the company awarded a contract to Airbus to manufacture its LMXT strategic tanker aircraft’s aerial boom refuelling system.
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Competitor Comparison

Key Parameters Lockheed Martin Corp Raytheon Technologies Corp The Boeing Co General Dynamics Corp Northrop Grumman Corp
Headquarters United States of America United States of America United States of America United States of America United States of America
City Bethesda Waltham Chicago Reston Falls Church
State/Province Maryland Massachusetts Illinois Virginia Virginia
No. of Employees 114,000 174,000 142,000 103,100 88,000
Entity Type Public Public Public Public Public
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Key Financial Charts

Net Income Growth

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Operating Margin
Operating Margin
EPS (Earnings per Share)
EPS (Earnings per Share)
Debt to Equity Ratio
Debt to Equity Ratio
Return on Assets
Return on Assets
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Executives
Name Position Board Since Age
James D. Taiclet, Jr Chief Executive Officer; Chairman; President Executive Board 2021 61
Jesus Malave Chief Financial Officer Senior Management 2022 -
Frank A. St. John Chief Operating Officer Senior Management 2020 55
Brian P. Colan Controller; Chief Accounting Officer; Vice President Senior Management 2014 61
Dean Acosta Senior Vice President - Communications; Chief Communications Officer Senior Management - -
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