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Global 500

Floto + Warner for Fortune


Lockheed Martin



Bad news for global stability usually means good news at defense giants like Lockheed Martin. With the threat of terrorism and, as a result, military budgets on the rise, the company is enjoying a favorable outlook. One of Lockheed’s major moneymakers is its F-35 joint strike fighter jet, which accounts for a fifth of its business. President Trump used the pricey aircraft to demonstrate his prowess as a negotiator; Lockheed later agreed to sell 90 of them to the Department of a Defense for $700 million less than the previous batch. Meanwhile the world’s largest defense contractor divested its Information Systems and Global Solutions group as it integrated Sikorsky Aircraft, a 2015 acquisition.

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Marillyn A. Hewson


Aerospace & Defense


Aerospace and Defense

HQ Location

Bethesda, MD

Years on Global 500 List




Includes revenues from discontinued operations.
Key Financials (Last Fiscal Year)
($ Millions)% change
Revenues ($M)$50,6589.8%
Profits ($M)$5,302.047.1%
Assets ($M)$47,806
Total Stockholder Equity ($M)$1,511
Profit Ratios
Profit as % of Revenues10.5%
Profits as % of Assets11.1%
Profits as % of Stockholder Equity350.9%
()0.00 0.00 (0)
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  • P/E Ratio: n/a
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News about Lockheed Martin

Syria Strike Puts Lockheed Martin's Stealthy New Missile to Test

The extended version fired late Friday night can fly more than 500 miles.

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Shh...A Quieter Supersonic Jet Is on Its Way

NASA just awarded Lockheed Martin a $247.5 million contract to build the experimental aircraft.

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The Pentagon Plans to Spend $10.7 Billion More on F-35 Fighters Next Year Despite Persistent Problems

The Pentagon aims to buy 77 Lockheed Martin Corp. F-35 jets in the new fiscal year

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