Skip to Content
  • Previous Rank237
  • Revenues ($M)$46,132
  • Revenue Percent Change1.2%
  • Profits ($M)$3,605
  • Profits Percent Change-0.2%
  • Assets ($M)$49,128
  • Employees126,000

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. The world’s largest defense contractor plans to ship 53 of them this year, up from 45 in 2015. Lockheed’s $9 billion acquisition of Sikorsky Aircraft from United Technologies Corporation last year has provided revenue lifts at the same time that the company offloads its government IT services business.

Fortune Data StoreLooking for leads, investment insights, or competitive intelligence?Get Premium Access

Company Information

CEO
Marillyn A. Hewson
Sector
Aerospace & Defense
Industry
Aerospace and Defense
HQ Location
Bethesda, MD
Employees126,000
Websitehttp://www.lockheedmartin.com
Years on Global 500 List22

Lockheed Martin Rank History

Key Financials (last fiscal year)

($ Millions)% change
Revenues ($M)$46,1321.2%
Profits ($M)$3,605-0.2%
Assets ($M)$49,128-
Total Stockholder Equity ($M)$3,097-

Profit Ratios

Profit as % of Revenues7.8%
Profits as % of Assets7.3%
Profits as % of Stockholder Equity116.4%