Consumer Electronics, PCs & Audio Hardware Brands · Advertiser / Brand
Lockheed Martin
US aerospace and defence contractor supplying advanced systems and sustainment.
Available information varies by company and source.
Profile record updated:
Company facts
- Official name
- Lockheed Martin Corporation
- Entity type
- COMPANY
- Founded
- 1995
- Headquarters
- United States
- Company size
- >5,000
- Market cluster / sector
- Consumer Electronics, PCs & Audio Hardware Brands
- Market role
- Advertiser / Brand
- Ticker
- LMT
- Official website
- lockheedmartin.com
What Lockheed Martin does
Lockheed Martin sells complex physical systems and associated engineering, integration, production, modernisation and sustainment services under long-cycle government and allied procurement contracts. Value is created through specialised aerospace and defence capabilities, security-cleared operations, programme execution and lifecycle support for installed mission-critical platforms.
Category differentiation
Lockheed Martin is an aerospace and defence prime contractor, not an advertising, marketing-technology or general enterprise-software provider. It is distinct from venture-backed defence-technology companies focused solely on autonomous systems or software.
Strategic context
AI-supported assessment from the existing company research; distinguish interpretation from sourced facts.
Lockheed Martin Corporation is a US-listed aerospace and defence manufacturer formed in 1995 through the combination of Lockheed Corporation and Martin Marietta Corporation. It develops, manufactures, integrates and sustains advanced aerospace, defence, security and space systems for the US government, allied governments, civil agencies and selected commercial customers. The company generates revenue principally through government contracts for system development, production, integration, modernisation, logistics and lifecycle sustainment. It reported $75.0 billion in 2025 net sales and maintains an approximately 123,000-person workforce in the United States and internationally.
Company news briefing
Briefing updated:
Lockheed Martin navigates a shifting macroeconomic and political landscape following U.S. midterm shifts, alongside developments in its venture investments and industrial robotics partnerships. The company's corporate venture arm, LM Ventures, continues to back advanced manufacturing software solutions like CloudNC, while its broader market positioning is impacted by competitor contract allocations and potential changes in sovereign wealth fund investment criteria in Norway. Additionally, Lockheed Martin is identified as a customer of AI-native industrial robotics developer Standard Bots.
Business model & monetisation
Revenue is generated through contracted development, manufacturing and delivery of aerospace and defence systems, followed by integration, upgrades, logistics, sustainment and other lifecycle services. Commercial economics are predominantly contract-based rather than software subscription-based.
- Aerospace and defence system development and production
- Government contract delivery
- Lifecycle sustainment, logistics and modernisation
- Service Fee
- System integration and engineering services
- Service Fee
Products & capabilities
No products with linked sources are available in this view.
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Competitors & alternatives
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European aerospace manufacturer of aircraft, defence systems, helicopters and satellites.
Aerospace and defence manufacturer serving airlines and governments.
German manufacturer of autonomous defence systems, mission software and AI intelligence.
European defence AI, autonomy software and hardware supplier.
German science group spanning life science, healthcare and electronics.
Side-by-side comparisons
Recent recorded signals
Dates refer to the source publication. Older entries are historical context, not evidence of a new event.
10-Q Financial Filing Analysis for Lockheed Martin (2026-10-22)
financials · Recorded impact score: 4.1/5
Lockheed Martin Corporation reported strong financial results for the third quarter ended September 27, 2026, with consolidated net sales increasing 11% year-over-year to $20.71 billion, driven by volume growth across all operating segments. Growth was spearheaded by Missiles and Fire Control (MFC, up 24% to $4.50 billion) due to production ramp-ups in PAC-3, THAAD, GMLRS, and PrSM programs, as well as Aeronautics (up 13% to $8.21 billion) supported by F-35 and C-130 volume. Net earnings for Q3 2026 rose 14% to $1.85 billion ($7.97 per diluted share), up from $1.62 billion ($6.95 per share) in Q3 2025. Operating profit reached $2.44 billion, benefiting from higher production scale and the absence of prior-year reach-forward contract charges, though offset slightly by unfavorable booking adjustments in F-16 and C-130 programs. Order backlog expanded to a record $292.0 billion, fueled by a landmark $52.5 billion multi-year PAC-3 MSE interceptor award.
- Q3 2026 net sales rose 11.3% YoY to $20.71 billion, and net earnings climbed 14.0% to $1.85 billion ($7.97 diluted EPS).
- Total company backlog climbed to $292.0 billion as of September 27, 2026, boosted by a $52.5 billion multi-year PAC-3 MSE interceptor contract.
Norway's sovereign wealth fund may lift ban on nuclear weapons firms
Investment · Recorded impact score: 1/5
A Norwegian government-appointed commission recommended on Thursday that the country's sovereign wealth fund, the world's largest at $2.3 trillion, be allowed to invest in major Western defense companies involved in nuclear weapons production, potentially lifting a long-standing ethical ban. This could lead to investments worth tens of billions of dollars in companies such as Airbus, Boeing, and Lockheed Martin. The proposal, which also suggests weakening the role of the independent ethics council, was met with criticism from civil society groups, including the Norwegian Red Cross. Finance Minister Jens Stoltenberg, who commissioned the review, cited Norway's dependence on NATO's nuclear umbrella. The government is expected to present its own proposals in spring 2027, with parliamentary approval seen as likely.
- A Norwegian commission recommended lifting the ban on investments in nuclear weapons-related defense firms.
- The sovereign wealth fund manages assets worth $2.3 trillion.
Nasdaq hits record high; yields surge, defense stocks slide
Financials
US stock markets saw the Nasdaq Composite reach a fresh record high on Monday, driven by big tech, while Treasury yields surged to multi-decade highs. The article discusses the divergence between equal-weight and cap-weighted indices, and highlights upcoming events and stock movers for the next session. These include President Trump's visit to defense tech company Anduril, which may impact traditional defense stocks like Lockheed Martin and Northrop Grumman, earnings reports from Lamb Weston, and an interview with CrowdStrike's CEO George Kurtz. Housing stocks are also in focus, with Lennar falling after a short-seller report from Hunterbrook Media. Additionally, Marvell Technology, up 220% for the year, is set for a deep dive by CNBC.
- The Nasdaq Composite hit a new high, up 18% year to date.
- The 10-year Treasury yield hit highs not seen since 2002, around 5.3%.
Boeing Wins $20B Navy Stealth Fighter Contract
Defense · Recorded impact score: 2/5
The U.S. Department of Defense has awarded Boeing a development contract worth over $20 billion for the F/A-XX, the U.S. Navy's next-generation stealth fighter. This follows Boeing's earlier win of the U.S. Air Force's F-47 contract, making Boeing the builder of both of America's future crewed fighter jets. The F/A-XX is a sixth-generation fighter designed to replace the F/A-18E/F Super Hornet and EA-18G Growler on aircraft carriers, with service entry targeted around 2035. Key requirements include advanced stealth, increased range, and operation with uncrewed wingmen. The contract was nearly derailed by funding issues in 2025 but survived after Congress added funds. Boeing's production capacity in St. Louis was a deciding factor. Northrop Grumman, the rival bidder, lost, and Lockheed Martin was eliminated earlier. Boeing's stock rose about 2%, while Northrop's fell about 3.5%.
- Boeing won a U.S. Navy contract to develop the F/A-XX stealth fighter, valued at over $20 billion.
- The F/A-XX is a sixth-generation fighter intended to replace the F/A-18E/F Super Hornet and EA-18G Growler on aircraft carriers.
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Questions about Lockheed Martin
What is Lockheed Martin?
Lockheed Martin is a US aerospace and defence corporation that develops, produces, integrates and sustains advanced systems for government, defence, civil and commercial customers.
Who uses Lockheed Martin?
Its primary customers are the US government, US defence agencies, allied governments, civil agencies and selected commercial customers.
How does Lockheed Martin make money?
It earns contract revenue from the development and production of aerospace and defence systems, plus integration, modernisation, logistics and lifecycle sustainment services.
Sources & coverage
This profile uses public, official and technically observable information. Missing information does not prove that a product or relationship does not exist. The list below does not imply that every profile statement has been verified.
4 publicly documented primary sources and citations linked across the market graph.
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