Lockheed Martin
Leading global aerospace, defense, and technology company providing advanced military aircraft, missiles, space systems, and defense technologies for government and military customers worldwide.
Company Type
public
Founded
1995
Headquarters
Bethesda, Maryland, USA
Stock
NYSE: LMT
About Lockheed Martin
What does Lockheed Martin make?
Lockheed Martin produces military aircraft (F-35 Lightning II, F-22 Raptor, C-130 Hercules), missiles and fire control systems (PAC-3 Patriot, HIMARS, JASSM, Javelin), helicopters (Black Hawk, CH-53K through Sikorsky), and space systems (GPS III satellites, missile defense, Orion spacecraft). The company serves the US Department of Defense and international military customers in more than 100 countries.
Lockheed Martin produces military aircraft (F-35 Lightning II, F-22 Raptor, C-130 Hercules), missiles and fire control systems (PAC-3 Patriot, HIMARS, JASSM, Javelin), helicopters (Black Hawk, CH-53K through Sikorsky), and space systems (GPS III satellites, missile defense, Orion spacecraft). The company serves the US Department of Defense and international military customers in more than 100 countries.
Is Lockheed Martin publicly traded?
Yes, Lockheed Martin Corporation is listed on the New York Stock Exchange under ticker LMT. The company has a broad institutional and retail shareholder base with no single controlling shareholder. Major institutional shareholders include Vanguard Group, BlackRock, and State Street.
Yes, Lockheed Martin Corporation is listed on the New York Stock Exchange under ticker LMT. The company has a broad institutional and retail shareholder base with no single controlling shareholder. Major institutional shareholders include Vanguard Group, BlackRock, and State Street.
Who founded Lockheed Martin?
Lockheed Martin was formed in March 1995 through the merger of Lockheed Corporation (founded 1912 by the Loughead brothers) and Martin Marietta (formed 1961). Both companies had roots in early aviation and became major US defense contractors during World War II and the Cold War.
Lockheed Martin was formed in March 1995 through the merger of Lockheed Corporation (founded 1912 by the Loughead brothers) and Martin Marietta (formed 1961). Both companies had roots in early aviation and became major US defense contractors during World War II and the Cold War.
Where is Lockheed Martin headquartered?
Lockheed Martin is headquartered in Bethesda, Maryland, USA. The company's primary manufacturing facilities are in Fort Worth, Texas (F-35 production), Marietta, Georgia (C-130 and F-22), Owego, New York (helicopters), and Sunnyvale, California (space systems).
Lockheed Martin is headquartered in Bethesda, Maryland, USA. The company's primary manufacturing facilities are in Fort Worth, Texas (F-35 production), Marietta, Georgia (C-130 and F-22), Owego, New York (helicopters), and Sunnyvale, California (space systems).
How many employees does Lockheed Martin have?
Lockheed Martin employs approximately 122,000 people worldwide. The company's workforce is concentrated in the United States, with significant operations in the United Kingdom, Australia, Canada, Japan, and Germany. Lockheed Martin is one of the largest employers in the US defense industry.
Lockheed Martin employs approximately 122,000 people worldwide. The company's workforce is concentrated in the United States, with significant operations in the United Kingdom, Australia, Canada, Japan, and Germany. Lockheed Martin is one of the largest employers in the US defense industry.
Who owns Lockheed Martin?
Lockheed Martin Corporation is publicly traded on the NYSE with a broad institutional and retail shareholder base. No single shareholder holds a controlling stake. Major institutional shareholders include Vanguard Group, BlackRock, and State Street. James Taiclet serves as Chairman, President, and CEO.
Lockheed Martin Corporation is publicly traded on the NYSE with a broad institutional and retail shareholder base. No single shareholder holds a controlling stake. Major institutional shareholders include Vanguard Group, BlackRock, and State Street. James Taiclet serves as Chairman, President, and CEO.
History of Lockheed Martin
Lockheed Martin was formed in March 1995 through the merger of Lockheed Corporation and Martin Marietta, two of the United States' largest defense contractors. The merger was driven by post-Cold War defense budget reductions that made consolidation necessary for survival.
Lockheed Corporation was founded in 1912 by brothers Allan and Malcolm Loughead in Santa Barbara, California. The company became famous for its Skunk Works advanced development division, which produced legendary aircraft including the U-2 spy plane, SR-71 Blackbird, and F-117 Nighthawk stealth fighter.
Martin Marietta was formed in 1961 through the merger of the Glenn L. Martin Company (founded 1912) and American-Marietta Corporation. The company produced military aircraft, missiles, and space systems, including the Titan rocket family used to launch early US astronauts.
Following the 1995 merger, Lockheed Martin became the dominant US defense contractor. The company attempted to merge with Northrop Grumman in 1998, but the merger was blocked by the US Department of Justice on antitrust grounds.
Lockheed Martin won the contract for the F-35 Lightning II Joint Strike Fighter in 2001, the largest defense contract in US history. The F-35 program produces three variants for the US Air Force, Navy, and Marine Corps as well as international partners, and has generated hundreds of billions of dollars in revenue over its lifetime.
Lockheed Martin acquired Sikorsky Aircraft from United Technologies in 2015 for approximately $9 billion, adding the Black Hawk and other helicopter programs to its portfolio.
For full-year 2025, Lockheed Martin reported net sales of approximately $71.0 billion, reflecting continued strong demand for defense products amid elevated global security concerns following Russia's invasion of Ukraine and tensions in the Indo-Pacific region.
Brands Owned by Lockheed Martin
Lockheed Martin owns 5 brands in our database.
F-35 Lightning II
Owned by Lockheed Martin
Advanced military fighter aircraft program developed and manufactured by Lockheed Martin, representing one of the most advanced defense systems in the world.
military-aircraftfighter-jetdefense
Lockheed Martin Aeronautics
Owned by Lockheed Martin
Leading designer and manufacturer of advanced military aircraft including the F-35 Lightning II, F-16 Fighting Falcon, F-22 Raptor, and C-130 Hercules transport aircraft.
fighter-jetsmilitary-aircraftf-35
Lockheed Martin Missiles and Fire Control
Owned by Lockheed Martin
Leading manufacturer of advanced missiles, fire control systems, and directed energy weapons for military and government customers worldwide.
missilesweapons-systemsfire-control
Lockheed Martin Rotary and Mission Systems
Owned by Lockheed Martin
Leading provider of radar systems, rotorcraft, and advanced mission systems for military and government customers worldwide.
radar-systemsrotorcraftmission-systems
Lockheed Martin Space
Owned by Lockheed Martin
Leading provider of satellites, launch vehicles, and space exploration systems for government, military, and commercial customers worldwide.
satellitesspace-systemslaunch-vehicles
Stock Information
Lockheed Martin Ownership: Pros & Cons
Advantages
- +World's largest defense contractor with dominant market position in fighter aircraft
- +F-35 program provides decades of production and sustainment revenue
- +Broad portfolio across aeronautics, missiles, rotary systems, and space reduces single-program risk
- +Elevated global security environment drives increased defense spending by US and allies
- +Strong relationships with US Department of Defense and international defense ministries
Considerations
- -Approximately 74% of revenue from US government creates concentration risk
- -F-35 program cost overruns and technical issues create reputational and financial risk
- -Defense spending is subject to political and budgetary pressures
- -Large pension obligations create financial liability
- -Antitrust constraints limit further consolidation in the US defense industry
Frequently Asked Questions About Lockheed Martin
What does Lockheed Martin make?
Lockheed Martin produces military aircraft (F-35 Lightning II, F-22 Raptor, C-130 Hercules), missiles and fire control systems (PAC-3 Patriot, HIMARS, JASSM, Javelin), helicopters (Black Hawk, CH-53K through Sikorsky), and space systems (GPS III satellites, missile defense, Orion spacecraft). The company serves the US Department of Defense and international military customers in more than 100 countries.
Is Lockheed Martin publicly traded?
Yes, Lockheed Martin Corporation is listed on the New York Stock Exchange under ticker LMT. The company has a broad institutional and retail shareholder base with no single controlling shareholder. Major institutional shareholders include Vanguard Group, BlackRock, and State Street.
Who founded Lockheed Martin?
Lockheed Martin was formed in March 1995 through the merger of Lockheed Corporation (founded 1912 by the Loughead brothers) and Martin Marietta (formed 1961). Both companies had roots in early aviation and became major US defense contractors during World War II and the Cold War.
Where is Lockheed Martin headquartered?
Lockheed Martin is headquartered in Bethesda, Maryland, USA. The company's primary manufacturing facilities are in Fort Worth, Texas (F-35 production), Marietta, Georgia (C-130 and F-22), Owego, New York (helicopters), and Sunnyvale, California (space systems).
How many employees does Lockheed Martin have?
Lockheed Martin employs approximately 122,000 people worldwide. The company's workforce is concentrated in the United States, with significant operations in the United Kingdom, Australia, Canada, Japan, and Germany. Lockheed Martin is one of the largest employers in the US defense industry.
Who owns Lockheed Martin?
Lockheed Martin Corporation is publicly traded on the NYSE with a broad institutional and retail shareholder base. No single shareholder holds a controlling stake. Major institutional shareholders include Vanguard Group, BlackRock, and State Street. James Taiclet serves as Chairman, President, and CEO.
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