Lockheed Martin is a leading global aerospace, defense, security and advanced technologies corporation that designs, develops, manufactures and sustains military aircraft, missiles, space systems, sensors, and related services. The company’s stated mission centers on advancing national security, delivering integrated defense and intelligence solutions, and developing advanced technology for government and commercial customers.
Defense and national security appropriations and procurement policy; foreign military sales and export control rules (e.g., ITAR-related policy); acquisition and contracting reform; research, development, test and evaluation (RDT&E) and innovation funding (including space, hypersonics, and directed energy); supply chain and industrial base resilience; cybersecurity and critical infrastructure protection; workforce development and STEM education initiatives; tax, trade, and manufacturing policy affecting defense production; environmental and facility regulatory matters.
Primarily revenue from U.S. federal government defense and intelligence contracts, supplemented by foreign military sales and commercial contracts.
Major internal business units (Aeronautics; Missiles and Fire Control; Rotary and Mission Systems; Space), partnerships with other defense primes and suppliers, and engagement with industry trade groups such as the Aerospace Industries Association and the National Defense Industrial Association.
Publicly traded aerospace and defense corporation (prime defense contractor)