Lockheed Martin

Floto + Warner for Fortune
  • Previous Rank
    197
  • Revenues ($M)
    50658
  • Revenue Percent Change
    9.8
  • Profits ($M)
    5302
  • Profits Percent Change
    47.1
  • Assets ($M)
    47806
  • Employees
    97000

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.

Company Information

CEOMarillyn A. Hewson
SectorAerospace & Defense
IndustryAerospace and Defense
HQ LocationBethesda, MD
Websitewww.lockheedmartin.com
Years on Global 500 List23
Employees97,000

Key Financials (Last Fiscal Year)

Revenues ($M)$50,658
Profits ($M)$5,302
Assets ($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%