LMT

Lockheed Martin Corporation

Industrials Aerospace & Defense NYSE

About the company

Lockheed Martin, the renowned American aerospace and defense company, has solidified its position as the world's largest defense contractor over the years. With a diverse range of products and services, the company has managed to dominate the Western market for high-end fighter aircraft and establish itself as a leading player in the global defense industry. One of Lockheed Martin's key achievements was winning the coveted F-35 Joint Strike Fighter program in 2001. This momentous victory catapulted the company to new heights and significantly boosted its aeronautics segment. A majority of Lockheed Martin's revenue, specifically over two-thirds, is derived from the F-35 program, making it an instrumental component of the company's overall success. Apart from its dominant presence in aeronautics, Lockheed Martin also operates in other key segments. One such segment is rotary and mission systems, which primarily involves the Sikorsky helicopter business, acquired by Lockheed Martin in 2015. The rotary and mission systems segment focuses on providing cutting-edge helicopter solutions for a wide range of military and civilian applications, further diversifying the company's portfolio. Additionally, Lockheed Martin has a missiles and fire control segment, which specializes in the development and production of innovative missile systems and advanced missile defense technologies. This segment is crucial for national defense and plays a significant role in ensuring the protection of critical infrastructure and military assets. Space systems form another vital segment within Lockheed Martin's operations. This segment is responsible for the design, manufacturing, and launch of advanced satellites for various purposes, including communication, weather monitoring, and national security. Furthermore, the company receives equity income from its involvement in the United Launch Alliance joint venture, enhancing Lockheed Martin's overall capabilities and market presence in the space domain. By excelling in these diverse segments, Lockheed Martin has established a comprehensive and robust defense portfolio that addresses a wide spectrum of customer needs. The company's dedication to innovation, cutting-edge technology, and ability to adapt to rapidly evolving global challenges have been pivotal to its success. Over the years, Lockheed Martin has proudly served the United States and its allies, providing them with advanced defense systems and solutions. The company's contributions to national security, alongside its unwavering commitment to excellence and customer satisfaction, have solidified its reputation as a trusted partner in the defense industry. With a talented workforce and a strong global footprint, Lockheed Martin continues to push the boundaries of aerospace and defense capabilities. As new challenges arise and technology advances, the company remains committed to delivering innovative solutions, nurturing partnerships, and helping shape the future of defense.

Website: https://www.lockheedmartin.com

Data updated: May 4, 2026

Sector comparison

We compare this company with the typical (middle) company in the same industry to show how it looks against similar businesses. This is information, not a recommendation.

Industrials · 701 peers in sector

Metric LMT Sector median Vs. industry
P/E 24.82 26.44 ↓ Below average
EPS 20.66 USD 0.32 USD ↑ Above average
Dividend yield 2.61% 1.11% ↑ Above average
Profit margin 6.38% 1.68% ↑ Above average
ROE 67.64% 3.67% ↑ Above average

Higher and lower here are only a comparison with the typical company in the industry — a higher or lower value on its own does not mean better or worse.

Financial statements & historical data

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Frequently Asked Questions

What is Lockheed Martin Corporation?
Lockheed Martin, the renowned American aerospace and defense company, has solidified its position as the world's largest defense contractor over the years. With a diverse range of products and services, the company has managed to dominate the Western market for high-end fighter aircraft and establish itself as a leading player in the global defense industry. One of Lockheed Martin's key achievements was winning the coveted F-35 Joint Strike Fighter program in 2001. This momentous victory catapulted the company to new heights and significantly boosted its aeronautics segment. A majority of Lockheed Martin's revenue, specifically over two-thirds, is derived from the F-35 program, making it an instrumental component of the company's overall success. Apart from its dominant presence in aeronautics, Lockheed Martin also operates in other key segments. One such segment is rotary and mission systems, which primarily involves the Sikorsky helicopter business, acquired by Lockheed Martin in 2015. The rotary and mission systems segment focuses on providing cutting-edge helicopter solutions for a wide range of military and civilian applications, further diversifying the company's portfolio. Additionally, Lockheed Martin has a missiles and fire control segment, which specializes in the development and production of innovative missile systems and advanced missile defense technologies. This segment is crucial for national defense and plays a significant role in ensuring the protection of critical infrastructure and military assets. Space systems form another vital segment within Lockheed Martin's operations. This segment is responsible for the design, manufacturing, and launch of advanced satellites for various purposes, including communication, weather monitoring, and national security. Furthermore, the company receives equity income from its involvement in the United Launch Alliance joint venture, enhancing Lockheed Martin's overall capabilities and market presence in the space domain. By excelling in these diverse segments, Lockheed Martin has established a comprehensive and robust defense portfolio that addresses a wide spectrum of customer needs. The company's dedication to innovation, cutting-edge technology, and ability to adapt to rapidly evolving global challenges have been pivotal to its success. Over the years, Lockheed Martin has proudly served the United States and its allies, providing them with advanced defense systems and solutions. The company's contributions to national security, alongside its unwavering commitment to excellence and customer satisfaction, have solidified its reputation as a trusted partner in the defense industry. With a talented workforce and a strong global footprint, Lockheed Martin continues to push the boundaries of aerospace and defense capabilities. As new challenges arise and technology advances, the company remains committed to delivering innovative solutions, nurturing partnerships, and helping shape the future of defense.
Are Lockheed Martin Corporation shares expensive?
The price-to-earnings (P/E) ratio of Lockheed Martin Corporation is 24.82 — the share price is 24.82 times the annual profit per share. That is lower than the typical company in the same industry (industry median: 26.44). This is information, not a recommendation.
How big is Lockheed Martin Corporation?
The market capitalization of Lockheed Martin Corporation — the combined value of all its shares — is 118.23 B USD. The higher the market cap, the larger the company.
Does Lockheed Martin Corporation pay dividends?
The dividend yield of Lockheed Martin Corporation is 2.61% — it shows the annual dividend relative to the share price. This is information, not a recommendation.
What sector does Lockheed Martin Corporation belong to?
Lockheed Martin Corporation operates in the Industrials sector, industry: Aerospace & Defense.

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