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Global 500

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Lockheed Martin



The election of President Trump has been a boon for the Pentagon’s top weapons supplier. Under the Republicans’ proposed budget plan, the defense company would receive a higher spending budget for key programs. The new tax law has also given the company a boost: Lockheed reported its effective tax rate at 14.9% for the first quarter of this year, compared with 23.8% a year ago. The company seems to be losing speed in the space race, however: Lockheed’s space division saw a year-over-year decline in revenues, which the company said is due to lower sales of satellites.

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Marillyn A. Hewson


Aerospace & Defense


Aerospace & Defense

HQ Location

Bethesda, Md.

Years on Global 500 List




Key Financials (Last Fiscal Year)
($ Millions)% change
Revenues ($M)$51,0480.8%
Profits ($M)$2,002.0-62.2%
Assets ($M)$46,521
Total Stockholder Equity ($M)$-683
Profit Ratios
Profit as % of Revenues3.9%
Profits as % of Assets4.3%
Profits as % of Stockholder Equity-
()0.00 0.00 (0)
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  • 52 Week Change %: 0.00
  • P/E Ratio: n/a
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