OverviewSuggest Edit

Lockheed Martin is a security company engaged in the research, development and manufacture, integration, and sustainment of advanced technology systems and products. The Company also provides a range of management, engineering, technical, scientific, logistic and information services. Lockheed Martin operates in four business segments: aeronautics, electronic systems, information systems and global services, as well as space systems.

TypePublic
Founded1912
HQBethesda, US
Websitelockheedmartin.com
Employee Ratings3.7

Latest Updates

Employees (est.) (Dec 2018)105,000(+5%)
Job Openings15,432
Revenue (FY, 2018)$53.8 B(+6%)
Share Price (Mar 2019)$294 (-1%)

Key People/Management at Lockheed Martin

Marillyn Hewson

Marillyn Hewson

Chairman, President and CEO
Kenneth Possenriede

Kenneth Possenriede

EVP, CFO
Richard Ambrose

Richard Ambrose

EVP Space
Dale Bennett

Dale Bennett

EVP Rotary and Mission Systems
Richard Edwards

Richard Edwards

Executive Vice President, Lockheed Martin International
Michele Evans

Michele Evans

Executive Vice President, Aeronautics
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Lockheed Martin Office Locations

Lockheed Martin has offices in Bethesda, San Diego, Palmdale, Littleton and in 30 other locations
Bethesda, US (HQ)
6801 Rockledge Dr
Albuquerque, US
1515 Eubank Blvd SE
Archbald, US
459 Kennedy Dr
Cherry Hill, US
3 Executive Campus, Suite 560
Fort Worth, US
1 Lockheed Boulevard
Grand Prairie, US
1902 W Freeway St
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Lockheed Martin Financials and Metrics

Lockheed Martin Revenue

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Lockheed Martin's revenue was reported to be $53.76 b in FY, 2018 which is a 5.3% increase from the previous period.
USD

Revenue (FY, 2018)

53.8b

Revenue growth (FY, 2017 - FY, 2018), %

5.3%

Gross profit (FY, 2018)

7.3b

Gross profit margin (FY, 2018), %

13.5%

Net income (FY, 2018)

5.0b

EBIT (FY, 2018)

7.3b

Market capitalization (22-Mar-2019)

83.1b

Closing stock price (22-Mar-2019)

294.0

Cash (31-Dec-2018)

772.0m

EV

96.5b
Lockheed Martin's current market capitalization is $83.1 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

45.4b45.6b46.1b47.2b51.0b53.8b

Revenue growth, %

1%1%2%8%5%

Cost of goods sold

41.2b40.3b40.9b42.2b45.5b46.5b

Gross profit

4.2b5.3b5.2b5.1b5.5b7.3b
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

10.1b11.6b11.5b11.7b12.9b11.6b11.1b12.7b12.2b11.6b13.4b14.3b

Cost of goods sold

8.8b10.3b10.2b10.5b11.5b10.2b9.9b11.3b10.8b10.0b11.6b12.4b

Gross profit

1.3b1.4b1.3b1.2b1.4b1.4b1.2b1.4b1.4b1.7b1.8b1.9b

Gross profit Margin, %

12%12%11%11%11%12%10%11%11%14%13%13%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

2.6b1.4b1.1b1.8b2.9b772.0m

Accounts Receivable

5.8b5.9b7.3b8.2b8.6b2.4b

Inventories

3.0b2.9b5.0b4.7b4.5b3.0b

Current Assets

13.3b12.3b16.2b15.1b17.5b16.1b
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

3.5b3.2b3.3b1.5b1.3b2.9b2.2b2.5b2.9b2.4b1.2b897.0m

Accounts Receivable

6.5b7.1b6.7b8.1b9.3b9.0b8.9b8.8b9.0b2.4b2.5b2.4b

Inventories

3.1b3.0b3.2b5.2b5.1b4.9b5.1b4.9b4.8b3.2b3.0b3.1b

Current Assets

15.2b15.3b15.1b15.8b16.1b17.1b16.6b16.6b17.2b17.8b16.5b16.9b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

3.0b3.6b3.6b5.3b2.0b5.0b

Depreciation and Amortization

990.0m994.0m1.0b1.2b1.2b1.2b

Inventories

(60.0m)77.0m(398.0m)(46.0m)183.0m(119.0m)

Accounts Payable

(647.0m)95.0m(160.0m)(188.0m)(189.0m)914.0m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

878.0m1.8b2.7b794.0m1.9b4.3b763.0m1.7b2.6b1.2b2.3b3.8b

Depreciation and Amortization

244.0m490.0m726.0m296.0m593.0m888.0m285.0m581.0m880.0m279.0m566.0m857.0m

Inventories

(205.0m)(154.0m)(359.0m)(310.0m)(233.0m)(235.0m)(404.0m)(271.0m)(133.0m)(318.0m)(160.0m)(172.0m)

Accounts Payable

375.0m453.0m637.0m751.0m806.0m1.0b1.1b940.0m1.2b1.3b1.2b1.2b
USDY, 2018

EV/EBIT

13.2 x

EV/CFO

30.7 x

EV/FCF

51.9 x

Revenue/Employee

512.0k

Debt/Equity

9.7 x

Debt/Assets

0.3 x

Financial Leverage

31 x

P/E Ratio

16.7
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Lockheed Martin Operating Metrics

Lockheed Martin's Backlog was reported to be $130.5b in FY, 2018.
FY, 2014FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018

Backlog

$80.50 b$99.60 b$96.20 b$93.50 b$92.10 b$103.60 b$99.94 b$104.80 b$105 b$109 b$130.47 b

Backlog Funded

$56.50 b$70.70 b$66 b$73.60 b$86.40 b

F-35 Aircraft Deliveries

45 6 14 10 46 15 14 15 66 14 25 20 91

F-16 Aircraft Deliveries

17 11 2 3 3 12 2 3 2 8
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Lockheed Martin Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Sikorsky AircraftJuly 20, 2015$9 b
Systems Made SimpleOctober 30, 2014
Sun CatalytixAugust 25, 2014
Deposition SciencesJune 18, 2014
BEONTRAMarch 18, 2014
Industrial DefenderMarch 12, 2014$165 m
Amor GroupSeptember 11, 2013
CDL SystemsDecember 21, 2012
Chandler/MayNovember 13, 2012
Procerus TechnologiesJanuary 17, 2012
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Lockheed Martin Revenue Breakdown

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Lockheed Martin revenue breakdown by business segment: 18.2% from Space Systems, 26.5% from Rotary and Mission Systems, 15.7% from Missiles and Fire Control and 39.5% from Aeronautics

Lockheed Martin revenue breakdown by geographic segment: 9.8% from Asia Pacific, 71.8% from United States, 6.7% from Middle East, 10.0% from Europe and 1.6% from Other

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Lockheed Martin Online and Social Media Presence

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Lockheed Martin News and Updates

Global Autonomous Aircraft Market Forecasts, 2019-2030 with Boeing, Airbus, Lockheed Martin, Northrop Grumman, and Elbit Systems Dominating

DUBLIN, March 15, 2019 /PRNewswire/ -- The "Autonomous Aircraft Market by Technology (Increasingly Autonomous, and Fully Autonomous), End Use (Commercial, Combat & ISR, Cargo, Passenger Air Vehicle, Personal Air Vehicle, Air Medical Services), Component, and Region - Global Forecast 2030" ...

Lockheed Martin Corp wins $507 mln defense contract -Pentagon

Lockheed Martin Corp was awarded a $506.9 million modification to a U.S. defense contract for a guided missile system and associated services, the Pentagon said on Thursday. (Reporting by Makini Brice; Editing by Tim Ahmann)

Lockheed Martin Develops World-First LTE-Over-Satellite System

VALLEY FORGE, Pa., March 13, 2019 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) has developed a new LTE-over-Satellite system designed to provide connectivity to remote regions, including areas without cellphone coverage, boats off-shore, or during natural disasters like hurricanes,...

Lockheed Martin touts reliability gains in British army’s ‘Warrior’ vehicle upgrade

Installing new weapons on the 1980s-era infantry fighting vehicle has turned out to be trickier than initially envisioned, according to company executives.

Watch: Trump gives remarks after meeting with CEOs of Apple, Lockheed Martin and Home Depot

CEOs including Apple's Tim Cook, Lockheed Martin's Marillyn Hewson and Craig Menear of The Home Depot were scheduled to attend the event.

Pentagon awards Lockheed Martin nearly $1 billion for Saudi missile system deal

Manufactured by Lockheed Martin, the Pentagon's top weapons supplier, THAAD is regarded as America's crown jewel in missile defense systems.
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Lockheed Martin Frequently Asked Questions

  • When was Lockheed Martin founded?

    Lockheed Martin was founded in 1912.

  • Who are Lockheed Martin key executives?

    Lockheed Martin's key executives are Marillyn Hewson, Kenneth Possenriede and Richard Ambrose.

  • How many employees does Lockheed Martin have?

    Lockheed Martin has 105,000 employees.

  • What is Lockheed Martin revenue?

    Latest Lockheed Martin annual revenue is $53.8 b.

  • What is Lockheed Martin revenue per employee?

    Latest Lockheed Martin revenue per employee is $512 k.

  • Who are Lockheed Martin competitors?

    Competitors of Lockheed Martin include United Technologies, Bae Systems and General Dynamics.

  • Where is Lockheed Martin headquarters?

    Lockheed Martin headquarters is located at 6801 Rockledge Dr, Bethesda.

  • Where are Lockheed Martin offices?

    Lockheed Martin has offices in Bethesda, San Diego, Palmdale, Littleton and in 30 other locations.

  • How many offices does Lockheed Martin have?

    Lockheed Martin has 35 offices.