Lockheed Martin (LMT)

Lockheed Martin (NYSE:LMT) | Products & Business Units

Top Menu Background

Lockheed Martin Corporation is a global aerospace and security company principally engaged in the research, design, development, manufacture, integration, and sustainment of advanced technology systems and products. The company also provide a broad range of management, engineering, technical, scientific, logistic, and information services. Lockheed Martin serves both domestic and international customers with products and services that have defense, civil, and commercial applications, with the principal customers being agencies of the U.S. Government.

Lockheed Martin was formed in 1995 by combining the businesses of Lockheed Corporation and Martin Marietta Corporation. The company is incorporated in Maryland with its principal executive offices located in Bethesda.

Lockheed Martin organizes its business segments based on the nature of the products and services offered. The company operates in five business segments: Aeronautics, Information Systems & Global Solutions (IS&GS), Missiles and Fire Control (MFC), Mission Systems and Training (MST), and Space Systems. This structure reflects the 2012 reorganization of the company's former Electronic Systems business segment into the new MFC and MST business segments in order to streamline operations and enhance customer alignment. In connection with this reorganization, management layers at the former Electronic Systems business segment and the former Global Training and Logistics (GTL) business were eliminated, and the former GTL business was split between the two new business segments. In addition, operating results for Sandia Corporation, which manages the Sandia National Laboratories for the U.S. Department of Energy, and Lockheed Martin's equity interest in the U.K. Atomic Weapons Establishment joint venture were transferred from the former Electronic Systems business segment to Lockheed Martin's Space Systems business segment.

Lockheed Martin operates in five principal business segments:

Aeronautics
IS&GS
Missiles and Fire Control (MFC)
Mission Systems and Training (MST)
Space Systems.



The following table highlights Lockheed Martin's sales from 2012 to 2014 by segment:
Lockheed Martin's Segment Sales



A description of the business of each of the company's segments is set forth below.


Aeronautics

Go to Top!



Lockheed Martin's Aeronautics segment is engaged in the research, design, development, manufacture, integration, sustainment, support, and upgrade of advanced military aircraft, including combat and air mobility aircraft, unmanned air vehicles, and related technologies. Aeronautics also provides logistics support, sustainment, and upgrade modification services for its aircraft.

Aeronautics' major programs include:

• The F-35 Lightning II Joint Strike Fighter – international multi-role, stealth fighter;
• The F-22 Raptor – air dominance and multi-mission stealth fighter;
• The F-16 Fighting Falcon – low-cost, combat-proven, international multi-role fighter;
• The C-130J Hercules – international tactical airlifter; and
• The C-5M Super Galaxy – modernization of the C-5 Galaxy, a strategic airlifter.

The F-35 program is Lockheed Martin's largest, generating 17% of total sales, as well as 52% of Aeronautics' segment net sales in 2014 compared to 16% and 50% in 2013 and 14% and 45% in 2012. The F-35 program consists of a development contract and multiple production and sustainment activities. The development contract is being performed concurrently with the production contracts. Concurrent performance of development and production contracts is used for complex programs to test aircraft, shorten the time to field systems and achieve overall cost savings. Lockheed Martin expects the development portion of the F-35 program will be substantially complete in 2017, with less significant efforts continuing into 2019. Production of the aircraft is expected to continue for many years given the U.S. Government's current inventory objective of 2,443 aircraft for the Air Force, Marine Corps and Navy; commitments from eight international partners and three international customers; as well as expressions of interest from other countries. During 2014, Lockheed Martin delivered 36 aircraft to U.S. and international partners, resulting in total deliveries of 109 production aircraft as of December 31, 2014. Lockheed Martin has 100 production aircraft in backlog as of December 31, 2014, including orders from the company's international partners. During 2013, Lockheed Martin delivered 35 aircraft to domestic and international partners, resulting in total deliveries of 73 production aircraft as of December 31, 2013.

Although production and deliveries of F-22 aircraft were completed in 2012, Aeronautics continues to provide on-going modernization and sustainment activities for the U.S. Air Force’s F-22 aircraft fleet. The modernization program comprises upgrading existing systems requirements, developing new systems requirements, and adding capabilities and enhancing the performance of the weapon systems. The sustainment program consists of sustaining the weapon systems of the F-22 fleet at all operational bases, including training systems, customer support, integrated support planning, supply chain management, aircraft modifications and heavy maintenance, sustained engineering, support products, and systems engineering.

Lockheed Martin continues to produce F-16 aircraft for international customers. Aeronautics also provides service-life extension, modernization and other upgrade programs for its customers' F-16 aircraft. Lockheed Martin delivered 17 F-16 aircraft in 2014, and the backlog extends into 2017. Lockheed Martin delivered 13 F-16 aircraft in 2013. Aeronautics also provides service-life extension and other upgrade programs for its customers' F-16 aircraft. In 2012, Lockheed Martin was awarded a contract to upgrade 145 of Taiwan's F-16 aircraft.

Aeronautics produces and provides support and sustainment services for the C-130J Super Hercules, as well as upgrades and support services for the legacy C-130 Hercules worldwide fleet. Lockheed Martin delivered 24 C-130J aircraft in 2014, including 11 to international customers, and the backlog extends into 2016. Lockheed Martin delivered 25 C-130J aircraft in 2013, including six to international customers. Lockheed Martin delivered 34 C-130J aircraft in 2012, including eight to international customers.

Aeronautics also provides support services for the existing U.S. Air Force C-5A/B/C/M Galaxy fleet and a modernization program to convert 49 Galaxy aircraft to the C-5M Super Galaxy configuration. The modernization effort includes avionics upgrades comprised of a new cockpit with a digital, all-weather flight control system and autopilot, a new communications suite, flat-panel displays, and enhanced navigation and safety equipment; as well as installing new engines that will produce more thrust, enabling a shorter takeoff, increased climb rate, an increased cargo load, and longer range. As of December 31, 2014, Lockheed Martin had delivered 20 C-5M aircraft under these modernization activities, including seven C-5M aircraft delivered in 2014. Lockheed Martin delivered six C-5M aircraft in 2013 and four in 2012.

In addition to the above aircraft programs, Aeronautics is involved in advanced development programs incorporating innovative design and rapid prototype applications. Lockheed Martin's Advanced Development Programs (ADP) organization, which includes the Skunk Works, is focused on future systems, including unmanned aerial systems and next generation capabilities for long-range strike, intelligence, surveillance, reconnaissance, situational awareness, and air mobility. Lockheed Martin continues to explore technology advancement and insertion in the company's existing aircraft, such as the F-35, F-22, F-16, C-130, and the U-2 Dragon Lady high-altitude reconnaissance aircraft.

Lockheed Martin is also involved in numerous network-enabled activities that allow separate systems to work together to increase effectiveness, and continues to invest in new technologies to maintain and enhance competitiveness in military aircraft design, development, and production.

In 2014, Lockheed Martin's Aeronautics segment generated net sales of $14.9 billion, which represented 32% of total sales. In 2013, Lockheed Martin's Aeronautics segment generated net sales of $14.1 billion, which represented 31% of total sales. In 2012, Lockheed Martin's Aeronautics segment generated net sales of $15.0 billion, which represented 31% of total sales. In 2011, Lockheed Martin's Aeronautics segment generated net sales of $14.4 billion, which represented 31% of total sales. In 2010, net sales of $13.1 billion represented 28% of Lockheed Martin's total sales.

Aeronautics' customers include the military services and various other government agencies of the U.S., and other countries. In 2014, U.S. Government customers accounted for 72% and international customers accounted for 28% of Aeronautics' sales. In both 2013 and 2012, U.S. Government customers accounted for 78% and international customers accounted for 22% of Aeronautics' sales. Revenues from Aeronautics' combat aircraft products and services represented 23% of total sales in 2014, 21% in each of 2013 and 2012, and 20% of total sales in each of 2011 and 2010.

     Financial results for Lockheed Martin's Aeronautics segment were as follows:
Performance of Lockheed Martin's principal lines of business

Aeronautics' sales in 2014 increased $797 million, or 6%, compared to 2013. The increase was primarily attributable to higher sales of approximately $790 million for F-35 production contracts due to increased volume and sustainment activities; about $55 million for the F-16 program due to increased deliveries (17 aircraft delivered in 2014 compared to 13 delivered in 2013) partially offset by contract mix; and approximately $45 million for the F-22 program due to increased risk retirements. The increases were partially offset by lower sales of approximately $55 million for the F-35 development contract due to decreased volume, partially offset by the absence in 2014 of the downward revision to the profit booking rate that occurred in 2013; and about $40 million for the C-130 program due to fewer deliveries (24 aircraft delivered in 2014 compared to 25 delivered in 2013) and decreased sustainment activities, partially offset by contract mix.

Aeronautics' operating profit in 2014 increased $37 million, or 2%, compared to 2013. The increase was primarily attributable to higher operating profit of approximately $85 million for the F-35 development contract due to the absence in 2014 of the downward revision to the profit booking rate that occurred in 2013; about $75 million for the F-22 program due to increased risk retirements; approximately $50 million for the C-130 program due to increased risk retirements and contract mix, partially offset by fewer deliveries; and about $25 million for the C-5 program due to the absence in 2014 of the downward revisions to the profit booking rate that occurred in 2013. The increases were partially offset by lower operating profit of approximately $130 million for the F-16 program due to decreased risk retirements, partially offset by increased deliveries; and about $70 million for sustainment activities due to decreased risk retirements and volume. Operating profit was comparable for F-35 production contracts as higher volume was offset by lower risk retirements.

 

Information Systems & Global Solutions

Go to Top!



IS&GS provides management services, information technology solutions, and advanced technology expertise across a broad spectrum of applications. IS&GS supports the needs of customers in human capital planning, data protection and sharing, cyber-security, financial services, health care, energy and environment, security, space exploration, biometrics, and transportation. IS&GS provides network-enabled situation awareness, delivers communications and command and control capability through complex mission solutions for defense applications, and integrates complex global systems to help customers gather, analyze, and securely distribute critical intelligence data. IS&GS has a portfolio of many smaller contracts as compared to Lockheed Martin's other business segments. IS&GS' customers include the various government agencies of the U.S. and other countries, military services, as well as commercial and other customers.

The segment's customers include the military services and various government agencies of the U.S. and allied countries around the world as well as commercial and other customers.


IS&GS' major programs include:

• The En-Route Automation Modernization (ERAM) contract, which is a program to replace the Federal Aviation Administration's infrastructure with a modern automation environment that includes new functions and capabilities.

• The Command, Control, Battle Management and Communications (C2BMC) contract, a program to increase the integration of the Ballistic Missile Defense System for the U.S. Government.

• The Hanford Mission Support contract, which provides infrastructure and site support services to the Department of Energy.

• The National Science Foundation's U.S. Antarctic Support program, which was awarded in December 2011, manages sites and equipment to enable universities, research institutions, and federal agencies to conduct scientific research in the Antarctic.

In 2014, Lockheed Martin's IS&GS segment generated net sales of $7.8 billion, which represented 17% of total sales. In 2014, U.S. Government customers accounted for 89%, international customers accounted for 8%, and U.S. commercial and other customers accounted for 3% of IS&GS' net sales. IS&GS has been impacted by the continued downturn in certain federal agencies’ information technology budgets and increased re-competition on existing contracts coupled with the fragmentation of large contracts into multiple smaller contracts that are awarded primarily on the basis of price.

In 2013, Lockheed Martin's IS&GS segment generated net sales of $8.4 billion, which represented 18% of total sales. U.S. Government customers accounted for 93%, international customers accounted for 5%, and U.S. commercial and other customers accounted for 2% of IS&GS' net sales.

In 2012, Lockheed Martin's IS&GS segment generated net sales of $8.8 billion, which represented 19% of total sales. U.S. Government customers accounted for 95%, international customers accounted for 4%, and U.S. commercial and other customers accounted for 1% of IS&GS' net sales. In 2011, Lockheed Martin's IS&GS segment generated revenues of $9.4 billion, which represented 20% of total sales. In 2010, sales of $9.9 billion represented 22% of Lockheed Martin's total revenues.

     Financial results for Lockheed Martin's IS&GS segment were as follows:
Performance of Lockheed Martin's principal lines of business

IS&GS' sales decreased $579 million, or 7%, for 2014 compared to 2013. The decrease was primarily attributable to lower sales of about $645 million for 2014 due to the wind-down or completion of certain programs, driven by reductions in direct warfighter support (including JIEDDO and PTDS) and defense budgets tied to command and control programs; and approximately $490 million for 2014 due to a decline in volume for various ongoing programs, which reflects lower funding levels and programs impacted by in-theater force reductions. The decreases were partially offset by higher sales of about $550 million for 2014 due to the start-up of new programs, growth in recently awarded programs and integration of recently acquired companies.

IS&GS' operating profit decreased $60 million, or 8%, for 2014 compared to 2013. The decrease was primarily attributable to the activities mentioned above for sales, lower risk retirements and reserves recorded on an international program, partially offset by severance recoveries related to the restructuring announced in November 2013 of approximately $20 million for 2014.


Missiles and Fire Control (MFC)

Go to Top!



MFC provides air and missile defense systems; tactical missiles and air-to-ground precision strike weapon systems; fire control systems; mission operations support, readiness, engineering support, and integration services; logistics and other technical services; and manned and unmanned ground vehicles. MFC's customers include the military services, principally the U.S. Army, and various government agencies of the U.S. and allied countries, as well as commercial and other customers.


MFC's major programs include:

• The Patriot Advanced Capability-3 (PAC-3) and Terminal High Altitude Area Defense (THAAD) air and missile defense programs. PAC-3 is an advanced defensive missile for the U.S. Army and international customers designed to intercept and eliminate incoming airborne threats using kinetic energy. THAAD is a transportable defensive missile system for the U.S. Government and international customers designed to engage targets both within and outside of the Earth's atmosphere.

• The Multiple Launch Rocket System (MLRS), AGM-114 Hellfire, Javelin Advanced Anti-tank Weapon System-Medium (AAWS-M), and Joint Air-to-Surface Standoff Missile (JASSM) tactical missile programs. MLRS is a highly mobile, automatic system that fires surface-to-surface rockets and missiles from the M270 and High Mobility Artillery Rocket System (HIMARS) platforms produced for the U.S. Army and international customers. Hellfire is an air-to-ground missile used on rotary and fixed-wing aircraft, which is produced for the U.S. Army, Navy, Marine Corps, and international customers. Javelin is a shoulder-fired anti-armor rocket system, which is produced for the U.S. Army, Marine Corps, and international customers. JASSM is an air-to-ground missile launched from fixed-wing aircraft, which is produced for the U.S. Air Force and international customers.

• The Apache, Sniper®, and Low Altitude Navigation and Targeting Infrared for Night (LANTIRN®) fire control systems programs. The Apache fire control system provides weapons targeting capability for the AH-64 Apache helicopter for the U.S. Army and international customers. Sniper® is a targeting system for fixed-wing aircraft, and LANTIRN® is a combined navigation and targeting system for fixed-wing aircraft. Both Sniper® and LANTIRN® are produced for the U.S. Air Force and international customers.

MFC's Technical Services business provides a comprehensive portfolio of technical and sustainment services to enhance customers' mission success, with core markets in engineering services; global aviation solutions; command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR) product support; counter threat services; and education and sustainment services.

• The Special Operations Forces Contractor Logistics Support Services program, which provides logistics support services to the special operations forces of the U.S. military.


In 2014, the MFC segment generated net sales of $7.7 billion, which represented 17% of total sales. In 2014, U.S. Government customers accounted for 68% and international customers for 32% of MFC's net sales.

In 2013, the MFC segment generated net sales of $7.8 billion, which represented 17% of total sales. U.S. Government customers accounted for 67% and international customers for 33% of MFC's sales.

In 2012, the MFC segment generated net sales of $7.5 billion, which represented 16% of total sales. In 2012, U.S. Government customers accounted for 70% and international customers for 30% of MFC's sales.

     Financial results for Lockheed Martin's Missiles and Fire Control segment were as follows:
Performance of Lockheed Martin's principal lines of business

MFC's sales for 2014 decreased $77 million, or 1%, compared to 2013. The decrease was primarily attributable to lower sales of approximately $385 million for technical services programs due to decreased volume reflecting market pressures; and about $115 million for tactical missile programs due to fewer deliveries (primarily High Mobility Artillery Rocket System and Army Tactical Missile System). The decreases were partially offset by higher sales of approximately $180 million for air and missile defense programs primarily due to increased volume for THAAD; about $115 million for fire control programs due to increased deliveries (including Apache); and about $125 million for various other programs due to increased volume.

MFC's operating profit for 2014 decreased $73 million, or 5%, compared to 2013. The decrease was primarily attributable to lower operating profit of about $45 million for technical services programs due to decreased volume and reserves recorded on certain programs; about $20 million for tactical missile programs due to net warranty reserve adjustments for various programs (including JASSM and GMLRS) and fewer deliveries; and approximately $45 million for various other programs due to lower risk retirements. The decreases were partially offset by higher operating profit of approximately $20 million for air and missile defense programs due to increased volume (primarily THAAD and PAC-3); and about $15 million for fire control programs due to increased deliveries (primarily Apache), partially offset by lower risk retirements (primarily Sniper®).


Mission Systems and Training (MST)

Go to Top!



MST provides surface ship and submarine combat systems; sea and land-based missile defense systems; radar systems; mission systems and sensors for rotary and fixed-wing aircraft; littoral combat ships; simulation and training services; unmanned technologies and platforms; ship systems integration; and military and commercial training systems. MST's customers include the military services, principally the U.S. Navy, and various government agencies of the U.S. and other countries, as well as commercial and other customers.


MST's major programs include:

• The AEGIS Combat System, which is a fleet ballistic missile defense system for the U.S. Navy and international customers and is also a sea-based element of the U.S. missile defense system.

• The AN/TPQ-53 Radar System is a sensor that quickly locates and neutralizes mortar and rocket threats, which is produced for the U.S. Army and international customers.

• MH-60 mission systems and sensors, including the digital cockpit and weapons, which MST provides for Sikorsky's MH-60 maritime helicopter produced for the U.S. Navy and international customers.

• The Littoral Combat Ship (LCS), which is a surface combatant for the U.S. Navy designed to operate in shallow waters and the open ocean.

• The Advanced Hawkeye Radar System, an airborne early warning radar, which MST provides for the E-2C/E-2D aircraft produced for the U.S. Navy and international customers.

• The Space Fence system, an advanced ground-based radar system for the U.S. Air Force designed to enhance the way objects are tracked in space and increase the ability to prevent space-based collisions.


In 2014, the MST business segment generated net sales of $7.1 billion, which represented 16% of total sales. In 2014, U.S. Government customers accounted for 75%, international customers accounted for 24%, and U.S. commercial and other customers accounted for 1% of MST's sales.

In 2013, the MST business segment generated net sales of $7.1 billion, which represented 16% of total sales. U.S. Government customers accounted for 75%, international customers accounted for 23%, and U.S. commercial and other customers accounted for 2% of MST's sales.

In 2012, the MST segment generated net sales of $7.6 billion, which represented 16% of total sales. U.S. Government customers accounted for 75%, international customers accounted for 24%, and U.S. commercial and other customers accounted for 1% of MST's sales.

     Financial results for Lockheed Martin's Mission Systems and Training segment were as follows:
Performance of Lockheed Martin's principal lines of business

MST's sales for 2014 were comparable to 2013. Sales decreased by approximately $85 million for undersea systems programs due to decreased volume and deliveries; and about $55 million related to the settlements of contract cost matters on certain programs (including a portion of the terminated presidential helicopter program) in 2013 that were not repeated in 2014. The decreases were offset by higher sales of approximately $80 million for integrated warfare systems and sensors programs due to increased volume (primarily Space Fence); and approximately $40 million for training and logistics solutions programs due to increased deliveries (primarily Close Combat Tactical Trainer).

MST's operating profit for 2014 decreased $62 million, or 7%, compared to 2013. The decrease was primarily attributable to lower operating profit of approximately $120 million related to the settlements of contract cost matters on certain programs (including a portion of the terminated presidential helicopter program) in 2013 that were not repeated in 2014; and approximately $45 million due to higher reserves recorded on certain training and logistics solutions programs. The decreases were partially offset by higher operating profit of approximately $45 million for performance matters and reserves recorded in 2013 that were not repeated in 2014; and about $60 million for various programs due to increased risk retirements (including MH-60 and radar surveillance programs).


Space Systems

Go to Top!



Space Systems is engaged in the design, research and development, engineering, and production of satellites, strategic and defensive missile systems, and space transportation systems, including activities related to the planned replacement of the Space Shuttle. Space Systems is responsible for various classified systems and services in support of vital national security systems. Space Systems' customers include various government agencies of the U.S. and commercial customers.


Space Systems' major programs include:

• The Trident II D5 Fleet Ballistic Missile, which is a program with the U.S. Navy for the only current submarine-launched intercontinental ballistic missile in production in the U.S.

• The Space-Based Infrared System (SBIRS) program, which provides the U.S. Air Force with enhanced worldwide missile launch detection and tracking capabilities.

• The Orion Multi-Purpose Crew Vehicle (Orion) program, an advanced crew capsule design for the National Aeronautics and Space Administration (NASA) utilizing state-of-the-art technology for human exploration beyond low earth orbit that replaces the Space Shuttle. On December 5, 2014, Orion successfully completed its first unmanned test flight.

• The Advanced Extremely High Frequency (AEHF) system, which is the next generation of highly secure communications satellites for the U.S. Air Force.

• The Mobile User Objective System (MUOS), which is a next-generation narrow band satellite communication system for the U.S. Navy.

Global Positioning System (GPS) III, which is a program to modernize the GPS satellite system for the U.S. Air Force.

• The Geostationary Operational Environmental Satellite R-Series (GOES-R), which is the National Oceanic and Atmospheric Association's (NOAA's) next generation of meteorological satellites.

• Through ownership interests in two joint ventures, Space Systems also includes expendable launch services for the U.S. Government through United Launch Alliance (under the EELV program).


The Space Systems segment generated sales of $8.1 billion, $8.0 billion, $8.3 billion, $8.1 billion, and $8.2 billion, representing 18% of total sales in each of the years 2014, 2013, 2012, 2011 and 2010. Net sales from Space Systems' satellite products and services represented 12% of total sales in each of 2014, 2013, 2012, 2011, and 13% in 2010.

In 2014, U.S. Government customers accounted for 97%, international customers accounted for 1%, and U.S. commercial and other customers accounted for 2% of Space Systems' sales.

In 2013, U.S. Government customers accounted for 98%, international customers accounted for 1%, and U.S. commercial and other customers accounted for 1% of Space Systems' sales.

In 2012, U.S. Government customers accounted for 95%, international customers accounted for 4%, and U.S. commercial and other customers accounted for 1% of Space Systems' sales.

     Financial results for Lockheed Martin's Space Systems segment were as follows:
Performance of Lockheed Martin's principal lines of business

Space Systems' sales for 2014 increased $107 million, or 1%, compared to 2013. The increase was primarily attributable to higher sales of approximately $340 million for the Orion program due to increased volume (primarily the first unmanned test flight of the Orion MPCV); and about $145 million for commercial space transportation programs due to launch-related activities. The increases were offset by lower sales of approximately $335 million for government satellite programs due to decreased volume (primarily AEHF, GPS-III and MUOS); and about $45 million for various other programs due to decreased volume.

Space Systems' operating profit for 2014 was comparable to 2013. Operating profit decreased by approximately $20 million for government satellite programs due to lower volume (primarily AEHF and GPS-III), partially offset by increased risk retirements (primarily MUOS); and about $20 million due to decreased equity earnings for joint ventures. The decreases were offset by higher operating profit of approximately $30 million for the Orion program due to increased volume. Operating profit was reduced by approximately $40 million for charges, net of recoveries, related to the restructuring action announced in November 2013.

Company Information

Revenues ('14): $45,600M +0.5%

R&D ('14): $751M +7.8%

Net Profit ('14): $3,614M +21.2%

CAPEX ('14): $845M +1.1%

Lockheed Martin - OEM

Products News Subsidiaries Acquisitions Competitors Customers R&D Spending 5-Year Financials

Aerospace Sector:

   Major Diversified OEM

Lockheed Martin Products:


Fighter aircraft; Military transport/tactical airlift aircraft; Logistics, upgrades, modifications, and MRO services; Ship systems integration: Command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR) capability; Surface ship and submarine combat systems; Sea-based missile defense systems; Sensors; Tactical avionics; Port traffic management systems; Missile launching systems; Aerostat surveillance systems; Land-based, air, and theater missile-defense systems; Tactical battlefield missiles, E/O systems; Fire-control and sensor systems; Precision-guided weapons and munitions; Missions operations support; Readiness, engineering support, and integration services; Simulation and training services; Net-enabled situational awareness; Communications and command and control capabilities; Advanced intelligence processing; Satellites; Missile systems; Space transportation systems.

Lockheed Martin's Major DoD Defense Programs:


| DoD Prime ContractorAEGIS BMD | DoD Prime ContractorAEHF | DoD Prime ContractorAH-64 Apache | DoD Prime ContractorC-5 Galaxy | DoD Prime ContractorC-130 Hercules |
| CG 47 | DDG 51 | DoD Prime ContractorE-2D | E-6B | DoD Prime ContractorEELV | DoD Prime ContractorF-16 | DoD Prime ContractorF-22 | DoD Prime ContractorF-35 Lightning II |
| DoD Prime ContractorGMLRS | DoD Prime ContractorGPS | DoD Prime ContractorHellfire | DoD Prime ContractorHIMARS | DoD Prime ContractorJASSM | JDAM | DoD Prime ContractorJTRS |
| DoD Prime ContractorLittoral Combat Ship | DoD Prime ContractorMUOS | DoD Prime ContractorPAC-3/MSE | DoD Prime ContractorPatriot/MEADS |
| DoD Prime ContractorPatriot/PAC-3 | DoD Prime ContractorSBIRS | DoD Prime ContractorTHAAD | DoD Prime ContractorTrident II |

Commercial Programs:


No information available.

Sales 2010-2014 Net Income 2010-2014 R&D Spending 2010-2014 # Employees 2010-2014

Company Performance Company News SEC Filings Press Releases
Products and Business Segments
Customers
Competitors and Competition
Research Spending and R&D Activities
Key Raw Materials and Components
Subsidiaries
Acquisitions and Divestures
ADIR
ADIR
Social Networking
Market Data Background
No Flash