Lockheed Martin Corp - Company Profile
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Lockheed Martin Corp (Lockheed Martin) is a manufacturer of security and aerospace products. The company is involved in research, design, development, manufacture, and integration of advanced technology systems, products, and services. It also offers management, technical, engineering, scientific, logistics, system integration and cybersecurity services. Its product portfolio includes military and rotary-wing aircraft, airlifter, ground vehicles, missiles and guided weapons, radar systems, sensors, unmanned systems, and naval systems. Lockheed Martin provides support and upgrade services for military aircraft, ground vehicles, missile defense systems, satellites, and space transportation systems. It serves the US government and commercial customers. The company's business operations span the Americas, Africa, Europe, Asia-Pacific, and the Middle East. Lockheed Martin is headquartered in Bethesda, Maryland, the US.
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Products and Services
Products | Services |
---|---|
Aeronautics: | Engineering Support and Integration Services |
Combat and Air Mobility Aircraft | Mission Operations Support |
Unmanned Air Vehicles | |
XYZ | |
XYZ | |
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Contracts/Agreements | In May, the company secured a US$451 million contract to upgrade additional M270 multiple launch rocket systems (MLRS) for the US Army. |
2024 | Others | In May, the company terminated the acquisition of Terran Orbital. |
2024 | Contracts/Agreements | In May, the company secured a US$288 million contract from Naval Air Systems Command to provide non-recurring engineering and material to support post-critical design review activities and test asset builds required to establish a new Long Range Anti-Ship Missile variant (AGM-158C-3). |
Competitor Comparison
Key Parameters | Lockheed Martin Corp | The Boeing Co | RTX Corp | General Dynamics Corp | Northrop Grumman Corp |
---|---|---|---|---|---|
Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
City | Bethesda | Arlington | Arlington | Reston | Falls Church |
State/Province | Maryland | Virginia | Virginia | Virginia | Virginia |
No. of Employees | 122,000 | 171,000 | 185,000 | 111,600 | 101,000 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
James D. Taiclet | Chief Executive Officer; Chairman; President | Executive Board | 2021 | 63 |
Jesus Malave | Chief Financial Officer | Senior Management | 2022 | 55 |
Frank A. St. John | Chief Operating Officer | Senior Management | 2020 | 57 |
Yvonne O. Hodge | Chief Information Officer; Senior Vice President - Enterprise Business and Digital Transformation | Senior Management | 2020 | - |
Dean Acosta | Chief Communications Officer; Senior Vice President | Senior Management | 2019 | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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