Lockheed Martin
Lockheed Martin is the world’s largest defense contractor. The global security and aerospace company was formed by the 1995 merger of the Lockheed Corporation and Martin Marietta. Lockheed Martin’s operating units are organized into four business areas: aeronautics, missiles and fire control, rotary and mission statements, and space. With approximately 110,000 employees worldwide, the company operates at more than 375 facilities and over 16,000 active suppliers in all 50 states and more than 50 countries worldwide. In 2020, despite the devastating impacts of the coronavirus pandemic, the company remained successful, managing to hire more than 11,000 employees throughout the year. In August 2020, Lockheed Martin and its partners (including Jeff Bezos’s company Blue Origin) submitted to NASA a 40-foot-tall mock-up lander designed to be the next spacecraft to deliver astronauts to the moon.
Courtesy of Lockheed Martin
Company Information
As of 6/5/23
Country
U.S.
Headquarters
Bethesda, Md.
Industry
Aerospace & Defense
CEO
James D. Taiclet Jr.
Website
Company Type
Public
Ticker
LMT
Revenues ($M)
$65,984
Profits ($M)
$5,732
Market Value ($M)
$120,319
Employees
116,000
Market value as of March 31, 2023.
Earnings Per Share (Last Fiscal Year)
Earnings Per Share ($)
21.66
EPS % Change (from 2021)
-4.8%
EPS % Change (5 year annual rate)
25.7%
EPS % Change (10 year annual rate)
10%
Total Return
Total Return to Investors (2022)
40.4%
Total Return to Investors (5 year, annualized)
11.6%
Total Return to Investors (10 year, annualized)
21.5%
America's Most Innovative Companies
Sector
Aerospace & Defense
Culture rank
123
Process rank
163
Product rank
35
World's Most Admired Companies
Sector
Transport
Industry
Aerospace and Defense
Current All-Star Rank
48
Previous All-Star Rank
-
Industry Rank
1
Previous Industry Rank
1
Overall Score
7.25
Innovation
1
People Management
1
Use of Corporate Assets
1
Social Responsibility
1
Quality of Management
2
Financial Soundness
1
Long-Term Investment Value
2
Quality of Products/Services
1
Global Competitiveness
2
Key Financials (Last Fiscal Year)
($ Millions)
% change
Revenues ($M)
$67,044
2.5%
Profits ($M)
$6,315
-7.6%
Assets ($M)
$50,873
-
Total Stockholder Equity ($M)
$10,959
-
Profit Ratios
Profit as % of Revenues
9.4%
Profits as % of Assets
12.4%
Profits as % of Stockholder Equity
57.6%
Lists ranking Lockheed Martin
Latest news for Lockheed Martin
- Lockheed Martin CEO Marillyn Hewson will step down;2:39News, Radar;
- Ivanka Trump Joins CEOs of Lockheed Martin and Deloitte to Discuss the Workforce;26:53Conferences, MPW Summit 2017;
- Building Tech That Keeps Us Safe on Land, Sea, Sky, and Space;22:56Conferences, MPW Summit 2019;
- Introducing Fortune's Most Powerful Women of 2019;1:29Conferences, MPW Summit 2019;