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 across the Americas, Europe, Asia-Pacific, the Middle East, and Africa. Lockheed Martin is headquartered in Bethesda, Maryland, the US.
Headquarters
United States of America
Address
6801 Rockledge Drive, Bethesda, Maryland, 20817
Website
www.lockheedmartin.com
Telephone
1 301 8976000
No of Employees
123,000
Industry
Aerospace and Defense
Ticker Symbol & Exchange
LMT (NYSE)
Revenue (2024)
$75.0B
5.6%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-6%
(2024 vs 2023)
Market Cap*
$125.9B
Net Profit Margin (2024)
XYZ
-10.9%
(2024 vs 2023)
* As of and is in US$
Lockheed Martin Corp premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Aeronautics: | Engineering Support and Integration Services |
| Unmanned Air Vehicles | Mission Operations Support Services |
| Combat and Air Mobility Aircraft | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In June, the company secured a US$514.4 million modification contract from the Space Systems Command’s Satellite Communications and Positioning, Navigation, and Timing Contracting Division to develop Space Vehicles 23 and 24. |
| 2026 | Plans/Strategy | In July, the company announced its plans to acquire Ultra Maritime. |
| 2026 | Contracts/Agreements | In June, the company selected Viasat to deliver high-bandwidth satellite communications technology in support of the National Oceanic and Atmospheric Administration’s (NOAA) next-generation C-130J Hercules “Hurricane Hunter” aircraft program. |
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 | 123,000 | 182,000 | 180,000 | 117,000 | 95,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| James D. Taiclet | Chairman; Chief Executive Officer; President | Executive Board | 2021 | 65 |
| Evan Scott | Senior Vice President; Chief Financial Officer | Senior Management | 2025 | 48 |
| Frank A. St. John | Chief Operating Officer | Senior Management | 2020 | 59 |
| Maria Demaree | Chief Information Officer; Senior Vice President - Enterprise Business and Digital Transformation | Senior Management | 2024 | - |
| Jenna McMullin | Chief Communications Officer; Senior Vice President | Senior Management | 2026 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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