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  • Previous Rank197
  • Revenues ($M)$50,658
  • Revenue Percent Change9.8%
  • Profits ($M)$5,302
  • Profits Percent Change47.1%
  • Assets ($M)$47,806
  • Employees97,000

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. 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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Company Information

CEO
Marillyn A. Hewson
Sector
Aerospace & Defense
Industry
Aerospace and Defense
HQ Location
Bethesda, MD
Websitehttp://www.lockheedmartin.com
Years on Global 500 List23
Employees97,000

Lockheed Martin Rank History

Key Financials (Last Fiscal Year)

($ Millions)% change
Revenues ($M)$50,6589.8%
Profits ($M)$5,30247.1%
Assets ($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%