Lockheed Martin Corp - Company Profile

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Lockheed Martin Corp (Lockheed Martin) is a manufacturer of security and aerospace products. The company is involved in research, design, development, manufacture, and integration of advanced technology systems, products, and services. It also offers management, technical, engineering, scientific, logistics, system integration and cybersecurity 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, ground vehicles, missile defense systems, satellites, and space transportation systems. It serves the US government and commercial customers. The company's business operations span the Americas, Africa, Europe, Asia-Pacific, and the Middle East. Lockheed Martin is headquartered in Bethesda, Maryland, the US.

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Headquarters United States of America

Address 6801 Rockledge Drive, Bethesda, Maryland, 20817


Telephone 1 301 8976000

No of Employees 122,000

Industry Aerospace and Defense

Ticker Symbol & Exchange LMT (NYSE)

Revenue (2022) $67.6B 2.4% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ 20.7% (2022 vs 2021)

Market Cap* $112.2B

Net Profit Margin (2022) XYZ 17.8% (2022 vs 2021)

* As of and is in US$
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Lockheed Martin Corp premium industry data and analytics

6

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Lockheed Martin Corp (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Lockheed Martin Corp’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

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

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

Year Event Description
2024 Contracts/Agreements In June, Lockheed Martin Space secured a US$28.8 million contract from Strategic Systems Programs to provide funding for a cost overrun for the Army All Up Round plus Canisters.
2024 Contracts/Agreements In June, the company signed a deal with Israel for 25 F-35 fighter jets.
2024 Contracts/Agreements In June, Lockheed Martin Rotary and Mission Systems secured a US$8.4 million contract from the Missile Defense Agency to establish subline items 0040BR – 0040DM for procurement of materials.
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Competitor Comparison

Key Parameters Lockheed Martin Corp The Boeing Co RTX Corp 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 Arlington Arlington Reston Falls Church
State/Province Maryland Virginia Virginia Virginia Virginia
No. of Employees 122,000 171,000 185,000 111,600 101,000
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
James D. Taiclet Chief Executive Officer; President; Chairman Executive Board 2021 63
Jesus Malave Chief Financial Officer Senior Management 2022 55
Frank A. St. John Chief Operating Officer Senior Management 2020 57
Yvonne O. Hodge Chief Information Officer; Senior Vice President - Enterprise Business and Digital Transformation Senior Management 2020 -
Dean Acosta Chief Communications Officer; Senior Vice President Senior Management 2019 -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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