Company

Lockheed Martin Corporation

Headquarters: Bethesda, MD, United States

Founded: March 15, 1995

Employees: 114,000

CEO: Mr. James D. Taiclet Jr.

show_chart NYSE: LMT

Market Cap

$124.98 Billion

USD as of April 1, 2022

history Market Cap History

Company Description

Lockheed Martin Corporation is a company involved in aerospace, defense, information security, and technology. One of the leading defense contractors in the US and the world, it designs, builds, and markets a number of military airplanes, missiles, engines, and systems for ships and planes, space systems, as well as security services and associated technologies.

Lockheed Martin Corporation market capitalization over time

Evolution of Lockheed Martin Corporation market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

history Market Cap History of Lockheed Martin Corporation

Detailed Description

Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. It operates through four segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. The Aeronautics segment offers combat and air mobility aircraft, unmanned air vehicles, and related technologies. The Missiles and Fire Control segment provides air and missile defense systems; tactical missiles and air-to-ground precision strike weapon systems; logistics; fire control systems; mission operations support, readiness, engineering support, and integration services; manned and unmanned ground vehicles; and energy management solutions. The Rotary and Mission Systems segment offers military and commercial helicopters, surface ships, sea and land-based missile defense systems, radar systems, sea and air-based mission and combat systems, command and control mission solutions, cyber solutions, and simulation and training solutions. The Space segment offers satellites; space transportation systems; strategic, advanced strike, and defensive missile systems; and classified systems and services in support of national security systems. This segment also provides network-enabled situational awareness and integrates space and ground-based systems to help its customers gather, analyze, and securely distribute critical intelligence data. It serves primarily serves the U.S. government, as well as foreign military sales contracted through the U.S. government. Lockheed Martin Corporation was founded in 1912 and is headquartered in Bethesda, Maryland.

Wikipedia Introduction

Lockheed Martin Corporation is an American aerospace, arms, defense, information security, and technology corporation with worldwide interests. It was formed by the merger of Lockheed Corporation with Martin Marietta in March 1995. It is headquartered in North Bethesda, Maryland, in the Washington, D.C. area. Lockheed Martin employs approximately 115,000 employees worldwide, including about 60,000 engineers and scientists as of January 2022. Lockheed Martin is one of the largest companies in the aerospace, military support, security, and technologies industry. It is the world's largest defense contractor by revenue for fiscal year 2014. In 2013, 78% of Lockheed Martin's revenues came from military sales; it topped the list of US federal government contractors and received nearly 10% of the funds paid out by the Pentagon. In 2009, US government contracts accounted for $38.4 billion (85%), foreign government contracts for $5.8 billion (13%), and commercial and other contracts for $900 million (2%). Half of the corporation’s annual sales are to the U.S. Department of Defense. Lockheed Martin is also a contractor for the U.S. Department of Energy and the National Aeronautics and Space Administration (NASA). Lockheed Martin operates in four business segments: Aeronautics, Missiles and Fire Control (MFC), Rotary and Mission Systems (RMS), and Space. 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 and most recently in 2018 for the Automatic Ground Collision Avoidance System (Auto-GCAS). Lockheed Martin is currently developing the F-35 Lightning II 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), and is the primary contractor for the development of the Orion command module. The company also invests in healthcare systems, renewable energy systems, intelligent energy distribution, and compact nuclear fusion.

Source: Wikipedia, retrieved on March 31, 2022, 9:01 p.m.

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Product & Services

List of: ATC SystemsBallistic MissilesPrecision-guided munitionsMissile Defense ElementsDirected-energy weaponsCombat SystemsLittoral combat shipsArmored fighting vehiclesCombat aircraftMilitary Support AircraftRobotic SystemsRadar TechnologiesElectronic Warfare SystemsMulti-Function Sensor SystemsSatellitesAtlas V Launch VehiclesSpacecraftICT Solutions and SoftwareEnergy Management and Storage Systems

Key People

James D. Taiclet (Chairman, President, and CEO)

Financials

Revenue: US$65.4 billion (2020)

Operating income: US$8.64 billion (2020)

Net income: US$6.83 billion (2020)


Total assets: US$50.71 billion (2020)

Total equity: US$6.03 billion (2020)

Stocks & Indices

Lockheed Martin Corporation has the following listings and related stock indices.


Stock: NYSE: LMT

Stock: BCBA: LMT

Stock: BMV: LMT

Stock: Bovespa: LMTB34

Stock: FSX: LOM

Stock: XETR: LOM

Details

Headquarters:

6801 Rockledge Drive

Bethesda, MD 20817

United States

Phone: 301-897-6000