Whatco

Lockheed Martin

Aerospace and defense · United States

Lockheed Martin builds fighter jets, missiles, helicopters and satellites, mostly for the U.S. government and its allies, and supports them for decades under long contracts.

What makes it different

One fighter jet brings in over a quarter of sales.

27%F-35 share of salesFY2025

The F-35 is built for the U.S. and allied air forces for decades, so its production lots and sustainment contracts anchor revenue.

How big it is

How big is Lockheed Martin?

$75.0BRevenueFY2025
191F-35 jets deliveredFY2025
123,000Employees2025
How it makes money FY2025

Jets first, then missiles, helicopters and space.

  • Aeronautics40%$30.3B
  • Rotary and Mission Systems23%$17.3B
  • Missiles and Fire Control19%$14.4B
  • Space17%$13.0B
How the business works

Win programs. Build at scale. Sustain for decades.

  1. 1Multi-decade government programs
  2. 2F-35s, missiles, satellites
  3. 3Fleets for allies

Most work is paid under U.S. government contracts, so budgets and multi-year awards set the pace more than market demand.

Who owns it
  • State Street Corporation14.9%
  • BlackRock, Inc.7.4%
  • Vanguard Capital Management6.99%

CEO: James D. Taiclet

Who it competes with
BoeingRTXNNorthrop GrummanGGeneral DynamicsLL3Harris Technologies
Key moments
  1. 1912Glenn L. Martin founds his aircraft company
  2. 1912The Lockheed brothers start Alco Hydro-Aeroplane
  3. 1954The C-130 Hercules flies for the first time
  4. 1995Lockheed and Martin Marietta merge
  5. 2010F-35B completes its first vertical landing
Sources

Every number on this page comes from Lockheed Martin's own reports.

Full profile

The rest of the story is in the app.

What Lockheed Martin tracks30 metrics
Total backlog
F-35 deliveries
F-35 aircraft in backlog
Results, quarter by quarterwith a chart
Revenue
Profit
Margin
Where the money comes from5 regions
United States
Europe
Asia Pacific
The full timeline14 moments
2012
2024
2026
Lockheed Martin vs Boeingside by side
Revenue
Profit
People
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