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 (2023) $67.6B 2.4% (2023 vs 2022)

EPS XYZ

Net Income (2023) XYZ 20.7% (2023 vs 2022)

Market Cap* $104.5B

Net Profit Margin (2023) XYZ 17.8% (2023 vs 2022)

* 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 February, the company entered into a memorandum of understanding with MilDef to support aerospace collaboration through Lockheed Martin’s C-130J-30 Super Hercules tactical airlifter.
2024 Contracts/Agreements In February, the company selected Indra to provide electronic defense systems for four Saudi ships.
2024 Contracts/Agreements In February, the company entered into a partnership with Singapore's Defence Science and Technology Agency to establish a new data pipeline infrastructure to enhance the smooth transfer of digitalized fleet and supply chain datasets.
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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 President; Chief Executive Officer; Chairman Executive Board 2021 62
Jesus Malave Chief Financial Officer Senior Management 2022 54
Frank A. St. John Chief Operating Officer Senior Management 2020 56
Yvonne O. Hodge Senior Vice President - Enterprise Business and Digital Transformation; Chief Information Officer Senior Management 2020 -
Dean Acosta Senior Vice President; Chief Communications Officer 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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