OverviewSuggest Edit

Lockheed Martin is a security and aerospace company engaged in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services. It also provides a range of management, engineering, technical, scientific, logistics, system integration, and cybersecurity services. The company operates in four business segments: Aeronautics, Missiles and Fire Control (MFC), Rotary and Mission Systems (RMS), and Space. Lockheed Martin primarily serves government agencies in the areas of defense, space, intelligence, homeland security, and information technology.

TypePublic
Founded1995
HQBethesda, US
Websitelockheedmartin.com
Employee Ratings3.8
Culture scoreC+

Latest Updates

Employees (est.) (Dec 2019)110,000(+5%)
Job Openings3,670
Revenue (FY, 2019)$59.8 B(+12%)
Share Price (May 2020)$369

Key People/Management at Lockheed Martin

Kenneth R. Possenriede

Kenneth R. Possenriede

Executive Vice President and Chief Financial Officer
Richard F. Ambrose

Richard F. Ambrose

Executive Vice President, Space
Steven Walker

Steven Walker

VP and Chief Technology Officer
Tim Cahill

Tim Cahill

Senior Vice President, Lockheed Martin International
Michele Evans

Michele Evans

Executive Vice President, Aeronautics
Scott Greene

Scott Greene

Executive Vice President, Missiles and Fire Control
Show more

Lockheed Martin Office Locations

Lockheed Martin has offices in Bethesda, Akron, Archbald, Bothell and in 57 other locations
Bethesda, US (HQ)
6801 Rockledge Dr
Akron, US
1210 Massillon Rd
Archbald, US
459 Kennedy Dr
Bothell, US
22121 20th Ave SE
Burlington, US
1 District Ave
Cambridge, US
61 Moulton St
Show all (63)

Lockheed Martin Financials and Metrics

Lockheed Martin Revenue

Embed Graph
View revenue for all periods
Lockheed Martin's revenue was reported to be $59.81 b in FY, 2019 which is a 11.3% increase from the previous period.
USD

Revenue (Q1, 2020)

15.7b

Gross profit (Q1, 2020)

2.1b

Gross profit margin (Q1, 2020), %

13.4%

Net income (Q1, 2020)

1.7b

EBIT (Q1, 2020)

2.1b

Market capitalization (22-May-2020)

103.5b

Closing stock price (22-May-2020)

369.0

Cash (29-Mar-2020)

2.0b

EV

114.2b
Lockheed Martin's current market capitalization is $103.5 b.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

51.0b53.8b59.8b

Revenue growth, %

8%5%11%

Cost of goods sold

45.5b46.5b51.4b

Gross profit

5.5b7.3b8.4b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

11.6b13.4b14.3b14.3b14.4b15.2b15.7b

Cost of goods sold

10.0b11.6b12.4b12.1b12.4b13.1b13.6b

Gross profit

1.7b1.8b1.9b2.2b2.0b2.1b2.1b

Gross profit Margin, %

14%13%13%15%14%14%13%
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

2.9b772.0m1.5b

Accounts Receivable

8.6b2.4b2.3b

Inventories

4.5b3.0b3.6b

Current Assets

17.5b16.1b17.1b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Cash

2.4b1.2b897.0m991.0m1.2b2.5b2.0b

Accounts Receivable

2.4b2.5b2.4b2.8b2.5b2.4b2.9b

Inventories

3.2b3.0b3.1b3.3b3.6b3.5b3.5b

Current Assets

17.8b16.5b16.9b18.0b18.1b19.8b19.2b
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

2.0b5.0b6.2b

Depreciation and Amortization

1.2b1.2b1.2b

Inventories

183.0m(119.0m)(622.0m)

Accounts Payable

(189.0m)914.0m(1.1b)
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Net Income

1.2b2.3b3.8b1.7b3.1b4.7b1.7b

Depreciation and Amortization

279.0m566.0m857.0m277.0m565.0m867.0m301.0m

Inventories

(318.0m)(160.0m)(172.0m)(288.0m)(602.0m)(477.0m)80.0m

Accounts Payable

1.3b1.2b1.2b744.0m237.0m524.0m1.9b
USDY, 2020

EV/EBIT

53.8 x

EV/CFO

49.3 x

EV/FCF

56.5 x

Debt/Equity

3.6 x

Debt/Assets

0.3 x

Financial Leverage

14.1 x
Show all financial metrics

Lockheed Martin Acquisitions / Subsidiaries

Company NameDateDeal 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
Show more

Lockheed Martin Revenue Breakdown

Embed Graph

Lockheed Martin revenue breakdown by business segment: 18.2% from Space Systems, 25.3% from Rotary and Mission Systems, 16.9% from Missiles and Fire Control and 39.6% from Aeronautics

Lockheed Martin revenue breakdown by geographic segment: 9.7% from Asia Pacific, 72.4% from United States, 6.6% from Middle East, 9.9% from Europe and 1.4% from Other

Lockheed Martin Online and Social Media Presence

Embed Graph

Lockheed Martin Company Culture

  • Overall Culture

    C+

    66/100

  • CEO Rating

    B

    72/100

  • Compensation

    C

    62/100

  • Diversity

    C

    63/100

Learn more on Comparably

Lockheed Martin News and Updates

Lockheed Martin to integrate Project Blackjack satellites

The company will perform the first phase of work on the satellite demonstration project that will inform the Space Development Agency's vast proliferated low earth orbit constellation.

Lockheed Martin speeds up payments to suppliers amid coronavirus slowdown

Defense contractor Lockheed Martin Corp said on Friday that it would advance more than $50 million to suppliers hurt by a sharp economic slowdown caused by efforts to stop the coronavirus.

Lockheed Martin CEO Marilyn Hewson to be succeeded by board member James Taiclet

Lockheed Martin has announced a major shift in its corporate leadership: CEO Marilyn Hewson, who has been in the role since 2013, will be replaced by board member and American Tower President and CEO James Taiclet. Hewson will become executive chairman of the board, and both shifts will be effective…

Lockheed Martin receives $2.3B deal for helicopter parts maintenance

Lockheed Martin has received a $2.3 billion contract for parts maintenance for MH-60R and MH-60S helicopters for the U.S. Navy, the Department of Defense announced.

Lockheed Martin Reports Fourth Quarter and Full Year 2019 Results

Lockheed Martin Corporation (NYSE: LMT) today reported fourth quarter 2019 net sales of $15.9 billion, compared to $14.4 billion in the fourth quarter of 2018.

Lockheed Martin names Steven Walker as chief technology officer

Weapons maker Lockheed Martin Corp on Thursday named Steven Walker as its chief technology officer.
Show more

Lockheed Martin Frequently Asked Questions

  • When was Lockheed Martin founded?

    Lockheed Martin was founded in 1995.

  • Who are Lockheed Martin key executives?

    Lockheed Martin's key executives are Kenneth R. Possenriede, Richard F. Ambrose and Steven Walker.

  • How many employees does Lockheed Martin have?

    Lockheed Martin has 110,000 employees.

  • What is Lockheed Martin revenue?

    Latest Lockheed Martin annual revenue is $59.8 b.

  • What is Lockheed Martin revenue per employee?

    Latest Lockheed Martin revenue per employee is $543.7 k.

  • Who are Lockheed Martin competitors?

    Competitors of Lockheed Martin include Northrop Grumman, General Dynamics and BAE Systems.

  • 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, Akron, Archbald, Bothell and in 57 other locations.

  • How many offices does Lockheed Martin have?

    Lockheed Martin has 63 offices.