Skunk Works Competitors and Similar CompaniesClear all

Skunk Works's competitors and similar companies include Latecoere Aerostructures Canada, HEICO and Euro-Composites.

	Skunk Works Skunk Works (also known as Lockheed Martin's Advanced Development Programs (ADP), formerly known as Lockheed Advanced Development Projects) is a developer of aircraft systems operated by Lockheed Martin.	Latecoere Aerostructures Canada Latecoere Aerostructures Canada (also known as Avcorp Industries) is a company that manufactures aircraft structures and components.	HEICO HEICO is a company that offers electronics-related products and services.	Euro-Composites Euro-Composites is a company that specializes in composite materials.
Founding Date	Founding Date 1943	Founding Date 1986	Founding Date 1957	Founding Date 1984
Type	Type Subsidiary	Type Subsidiary	Type Public	Type Subsidiary
Tags	Tags Manufacturing & Industrial advanced materials aerospace aviation	Tags Manufacturing & Industrial aviation mechanical components metal products	Tags Manufacturing & Industrial electronics engines mechanical components	Tags Manufacturing & Industrial advanced materials mechanical components
Locations	Locations Palmdale, US HQ	Locations Delta, CA HQ Gardena, US	Locations Hollywood, US HQ Miami, US Miami, US	Locations Luxembourg, LU HQ Bitburg, DE Fredericksburg, US
Employees	Employees 14	Employees 2681% decrease	Employees 11,100	Employees 6794% decrease
Financial
Revenue (est.)	Revenue (est.) N/A	Revenue (est.) $99.5m (FY, 2021)	Revenue (est.) $4.5b (FY, 2025)	Revenue (est.) €103.1m (FY, 2023)
Cost of goods	Cost of goods N/A	Cost of goods $44.7m (FY, 2021)	Cost of goods $2.7b (FY, 2025)	Cost of goods €77.5m (FY, 2023)
Gross profit	Gross profit N/A	Gross profit $62.9m (FY, 2021)	Gross profit $1.8b (FY, 2025)	Gross profit €25.7m (FY, 2023)
Net income	Net income N/A	Net income ($531k) (FY, 2021)	Net income $745.6m (FY, 2025)	Net income €16.5m (FY, 2023)
Operating ⚠
Backlog	Backlog N/A	Backlog $511m (Q2, 2022)	Backlog $1.9b (FY, 2023)	Backlog N/A