Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. It operates through four segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. The Aeronautics segment offers combat and air mobility aircraft, unmanned air vehicles, and related technologies. The Missiles and Fire Control segment provides air and missile defense systems; tactical missiles and air-to-ground precision strike weapon systems; logistics; fire control systems; mission operations support, readiness, engineering support, and integration services; manned and unmanned ground vehicles; and energy management solutions. The Rotary and Mission Systems segment offers military and commercial helicopters, surface ships, sea and land-based missile defense systems, radar systems, sea and air-based mission and combat systems, command and control mission solutions, cyber solutions, and simulation and training solutions. The Space segment offers satellites; space transportation systems; strategic, advanced strike, and defensive missile systems; and classified systems and services in support of national security systems. This segment also provides network-enabled situational awareness and integrates space and ground-based systems to help its customers gather, analyze, and securely distribute critical intelligence data. It serves primarily serves the U.S. government, as well as foreign military sales contracted through the U.S. government. Lockheed Martin Corporation was founded in 1912 and is headquartered in Bethesda, Maryland.

Lockheed Martin Corporation

Sikorsky

We specialize in defense tech, connecting customers with integrated solutions to ensure they stay ahead of emerging threats.

Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.

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Lockheed Martin

Looking ahead to the new year, we see the story of our future filled with innovations, advanced capabilities, and progress -- all made possible by the contributions of our team.

Did you know the Herc can land on ice and snow? The United States Air Force's LC-130 also known as the “Skibird” is the largest ski-equipped aircraft that enables operation in areas other aircraft can’t reach. 

We had an inspiring 3 days of networking and celebrating world-class talent at this year’s BEYA (Black Engineer of the Year) STEM Conference. From hearing the inspirational accomplishments of our 39 Lockheed Martin award winners, to seeing the connections being made among our 100+ executives, team members and panelists in the conference sessions, to the dozens of LM team members interviewing and extending offers on the career fair floor - it was a honor to be a part of this experience.

Special thank you to our CEO Jim Taiclet, COO Frank St. John and EVP Rotary & Mission Systems Stephanie C. Hill for your energizing in-person comments in recognition of Lockheed Martin's award winners and our long-standing partnership with BEYA.

With our shared commitment to the development and growth of a diverse STEM talent pipeline, Lockheed Martin has been a proud BEYA partner for each of its 38 years. Here’s to at least 38 more and congratulations again, to our award winning trailblazers!

Celebrate the power of STEM during #EWeek! Team members like Barry show us that a passion for STEM can turn dreams into reality. 🚀🌕

Our Game Changers are transforming the world. By fostering curiosity in science, technology, engineering, and math, we can inspire the next generation of innovators, problem solvers, and leaders. 

Learn more about Barry's story: https://lmt.co/3UK5MZw 

#EWeek2024 #STEM

Lockheed Martin remains committed to ramping production of high-demand systems, like HIMARS, Javelin, GMLRS, PAC-3 and more. In 2024, we are on track to double HIMARS production, have increased Javelin’s production to 2,400 units per year and will deliver more than 10,000 GMLRS. 1LMX, our digital transformation initiative that integrates cutting-edge solutions, leveraging decades of historical data, analytics, and advanced AI to augment our workforce and increase productivity levels, has propelled our ramp-up progress. We are deploying automation, robotics, and factory simulations and investing in long-lead procurement to cut missile production time, increase capacity and maintain manufacturing excellence. Through digital transformation, Lockheed Martin is not just meeting significantly increased demand at this critical geopolitical point, but leading the defense industry into the future, ensuring we continue to deliver innovative, affordable 21st Century Security solutions to our customers.

	Dec '13	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
revenue	45.36B -	45.60B 0.53%	46.13B 1.17%	47.25B 2.42%	51.05B 8.04%	53.76B 5.32%	59.81B 11.25%	65.40B 9.34%	67.04B 2.52%	65.98B 1.58%	67.57B 2.41%
cost of revenue	40.77B -	40.23B 1.35%	40.83B 1.50%	42.11B 3.13%	45.50B 8.06%	46.39B 1.96%	51.45B 10.89%	56.74B 10.30%	57.98B 2.18%	57.70B 0.49%	59.09B 2.42%
gross profit	4.58B -	5.37B 17.26%	5.30B 1.34%	5.14B 3.02%	5.55B 7.90%	7.37B 32.84%	8.37B 13.53%	8.65B 3.43%	9.06B 4.70%	8.29B 8.54%	8.48B 2.32%
selling and marketing expenses
general and administrative expenses
selling general and administrative expenses							608M -	241M 60.36%	1.24B 414.94%	865M 30.30%
research and development expenses							1.30B -	1.30B 0%	1.50B 15.38%	1.70B 13.33%	1.50B 11.76%
other expenses	318M -	343M 7.86%	266M 22.45%	487M 83.08%	372M 23.61%	-768M 306.45%	-178M 76.82%	10M 105.62%	-62M 720%	-61M 1.61%	507M 931.15%
cost and expenses	41.17B -	40.34B 2.01%	40.93B 1.45%	42.19B 3.06%	45.50B 7.86%	46.49B 2.17%	51.45B 10.66%	56.75B 10.32%	57.92B 2.06%	57.64B 0.49%	59.06B 2.48%
operating expenses	-318M -	-337M 5.97%	-236M 29.97%	-487M 106.36%	-373M 23.41%	-60M 83.91%	-178M 196.67%	10M 105.62%	-62M 720%	-61M 1.61%	-28M 54.10%
interest expense	350M -	340M 2.86%	443M 30.29%	663M 49.66%	651M 1.81%	668M 2.61%	653M 2.25%	591M 9.49%	569M 3.72%	623M 9.49%	916M 47.03%
ebitda	5.53B -	6.59B 19.29%	6.49B 1.52%	8.31B 28.05%	7.19B 13.53%	7.67B 6.66%	9.08B 18.47%	10.12B 11.37%	9.48B 6.26%	8.71B 8.18%	10.44B 19.95%
operating income	4.50B -	5.59B 24.13%	5.44B 2.79%	5.55B 2.08%	5.92B 6.70%	7.33B 23.86%	8.54B 16.51%	8.64B 1.16%	9.12B 5.54%	8.35B 8.50%	8.51B 1.90%
depreciation and amortization	990M -	994M 0.40%	1.03B 3.22%	1.22B 18.42%	1.20B 1.65%	1.16B 2.85%	1.19B 2.41%	1.29B 8.49%	1.36B 5.74%	1.40B 2.93%	1.43B 1.85%
total other income expenses net	-350M -	-334M 4.57%	-413M 23.65%	-663M 60.53%	-652M 1.66%	-1.50B 129.45%	-1.30B 12.83%	-409M 68.63%	-1.57B 284.60%	-1.67B 6.04%	507M 130.40%
income before tax	4.16B -	5.26B 26.55%	5.02B 4.47%	4.89B 2.73%	5.27B 7.84%	5.84B 10.80%	7.24B 24.03%	8.23B 13.73%	7.55B 8.32%	6.68B 11.52%	8.10B 21.23%
income tax expense	1.21B -	1.64B 36.43%	1.42B 13.75%	1.13B 20.10%	3.34B 194.79%	792M 76.29%	1.01B 27.65%	1.35B 33.23%	1.24B 8.31%	948M 23.24%	1.18B 24.26%
net income	2.98B -	3.61B 21.23%	3.60B 0.25%	5.30B 47.07%	2.00B 62.24%	5.05B 152.05%	6.23B 23.46%	6.83B 9.68%	6.32B 7.58%	5.73B 9.23%	6.92B 20.73%
weighted average shs out	320.90M -	316.80M 1.28%	310.30M 2.05%	299.30M 3.54%	287.80M 3.84%	284.50M 1.15%	282M 0.88%	280M 0.71%	276.40M 1.29%	263.70M 4.59%	250.30M 5.08%
weighted average shs out dil	326.50M -	322.40M 1.26%	314.70M 2.39%	303.10M 3.69%	290.60M 4.12%	286.80M 1.31%	283.80M 1.05%	281.20M 0.92%	277.40M 1.35%	264.60M 4.61%	251.20M 5.06%
eps	9.29 -	11.41 22.82%	11.62 1.84%	17.71 52.41%	6.96 60.70%	17.74 154.89%	22.09 24.52%	24.40 10.46%	22.85 6.35%	21.74 4.86%	27.65 27.18%
epsdiluted	9.13 -	11.21 22.78%	11.46 2.23%	17.49 52.62%	6.89 60.61%	17.59 155.30%	21.95 24.79%	24.30 10.71%	22.77 6.30%	21.66 4.87%	27.55 27.19%

XETRA:LOM

Lockheed Martin Corporation

Last Close

521.40

26/07 20:00

Market Cap

110.61B

Beta: 0.67

Volume Today

956.10K

Avg: 496

PE Ratio

15.39

PFCF: 16.38

Dividend Yield

2.88%

Payout:44.16%

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