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  • Previous Rank
    178
  • Revenues ($M)
    $51,048
  • Revenue Percent Change
    0.8%
  • Profits ($M)
    $2,002.00
  • Profits Percent Change
    -62.2%
  • Assets ($M)
    $46,521.00
  • Employees
    100,000

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.

Company Information

CEO
Marillyn A. Hewson
Sector
Aerospace & Defense
Industry
Aerospace & Defense
HQ Location
Bethesda, Md.
Websitehttp://www.lockheedmartin.com
Years on Global 500 List24
Employees100,000

Lockheed Martin Rank History

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Key Financials (Last Fiscal Year)

($ Millions)% change
Revenues ($M)$51,0480.8%
Profits ($M)$2,002.00-62.2%
Assets ($M)$46,521.00-
Total Stockholder Equity ($M)$-683-

Profit Ratios

Profit as % of Revenues3.9%
Profits as % of Assets4.3%
Profits as % of Stockholder Equity-