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622.78998 USD
5.15
0.83%
Last update Apr 2, 3:59 PM EDT
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616.010010
626.51001
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Lockheed Martin Corporation
622.79
5.15
0.83%

Overview

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Description

Lockheed Martin Corporation is the world's largest defense contractor, specializing in the research, design, development, manufacture, integration, and sustainment of advanced technology systems, products, and services for global security and aerospace needs. As the prime contractor on the F-35 Joint Strike Fighter program—the largest weapons program in history—it dominates the Western market for high-end fighter aircraft, with Aeronautics generating over two-thirds of its revenue from this initiative, ensuring long-term revenue stability through procurement and maintenance contracts. The company operates across four key segments: Missiles and Fire Control, producing missiles and defense systems; Rotary and Mission Systems, including the Sikorsky helicopter business; and Space, which develops satellites and holds equity in the United Launch Alliance joint venture. Employing 123,000 people and headquartered in Bethesda, Maryland since its founding in 1912, Lockheed Martin Corporation plays a pivotal role in the aerospace and defense industry, primarily serving U.S. military and allied government clients amid sectors like industrials. Its market position underscores its significance in national security innovation and advanced weaponry.

About

CEO
Mr. James D. Taiclet Jr.
Employees
123000
Address
6801 Rockledge Drive
11 Bermudiana Road
Bethesda, 20817, MD
United States
Phone
301 897 6000
Instrument type
Common stock
Sector
Industrials
Industry
Aerospace & Defense
Country
United States
MIC code
XNYS
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Latest press releases

Apr 1, 2026
Lockheed Martin Announces First-Quarter 2026 Earnings Results Webcast

BETHESDA, Md., April 1, 2026 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) will webcast live its first-quarter 2026 earnings results conference call (listen-only mode) on Thursday, April 23, 2026, at 8:30 a.m. ET. Jim Taiclet, chairman, president and CEO; Evan Scott, chief financial officer; and Mark Kvasnak, vice president, Investor Relations, will discuss first-quarter 2026 earnings results, provide updates on key topics and answer questions. First-quarter 2026 earnings results will be published prior to the market opening on April 23.

The live webcast will be available at www.lockheedmartin.com/investor and the accompanying presentation slides and relevant financial charts will also be available on the same website prior to market open.

An on-demand replay of the webcast will be available through Thursday, May 7, 2026, at www.lockheedmartin.com/investor, and a podcast will be available here.

For additional information, visit the company's website: www.lockheedmartin.com.

About Lockheed Martin

Lockheed Martin is a global defense technology company driving innovation and advancing scientific discovery. Our all-domain mission solutions and 21st Century Security® vision accelerate the delivery of transformative technologies to ensure those we serve always stay ahead of ready. More information at LockheedMartin.com.

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/lockheed-martin-announces-first-quarter-2026-earnings-results-webcast-302726781.html

SOURCE Lockheed Martin

Mar 31, 2026
Lockheed Martin Opens Rapid Fielding Center, Accelerating Defense Innovation and Production

New facility delivers speed, agility and a customer-first approach to build the Arsenal of Freedom

DALLAS, March 31, 2026 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) opened its Rapid Fielding Center, a facility that streamlines the end-to-end development, testing and prototype production of next-generation systems and solutions for U.S. government customers.

The flexible, modular environment uses the latest in production and prototyping technologies, enabling Lockheed Martin to develop and scale new capabilities quickly in response to the government's accelerated acquisition schedules, setting a new industry standard for speed to field as the country builds the Arsenal of Freedom.

THE BIG PICTURE

The Rapid Fielding Center is integrated with the manufacturing floor, providing proximity to advanced production equipment and skilled tradespeople to allow for immediate feedback on design. The model reduces cost and accelerates the delivery of innovative capabilities to the warfighter.

WHY IT MATTERS

  • Speed to market: Prototypes that once required years of development can now be designed, fabricated and validated within months, delivering capability upgrades on an accelerated timetable.
  • Cost-effective scaling: The modular layout can be reconfigured quickly to meet evolving program needs, optimizing manufacturing flow before handoff to the final-production site.
  • Continuous improvement: Life-cycle data captured during prototyping enables digital feedback, allowing rapid insertion of product enhancements that directly address evolving threat environments.
  • Investments: Lockheed Martin has invested more than $7 billion since President Donald Trump's first term to expand capacity for priority systems, including approximately $2 billion dedicated to accelerating munitions production. Lockheed Martin is planning a multibillion-dollar investment over the next three years to expand production and build and modernize more than 20 facilities in Arkansas, Alabama, Florida, Massachusetts and Texas. This includes upgrading existing facilities and incorporating advanced manufacturing techniques, production lines, tooling and plant layouts to meet urgent production demand.

EXPERT PERSPECTIVES

"The Rapid Fielding Center showcases how Lockheed Martin is leading the industry with innovation, speed and a relentless customer focus," said Randy Crites, vice president, Lockheed Martin Advanced Programs. "From concept to low-rate production, we can now deliver mission-critical solutions in a fraction of the traditional timeline, directly supporting the government's urgent ramp-up needs."

"Over the coming months, our multidisciplinary teams will work hand in hand with U.S. partners to execute additional prototype runs, integrate emerging technologies and transition capabilities to full-rate production," said Mike Patton, vice president, Lockheed Martin Missiles and Fire Control Operations. "The Rapid Fielding Center gives our customers the agility, flexibility and discreet mobility they require to maintain decisive advantage across any operational domain."

For additional information, visit our website: www.lockheedmartin.com.  

About Lockheed Martin

Lockheed Martin is a global defense technology company driving innovation and advancing scientific discovery. Our all-domain mission solutions and 21st Century Security® vision accelerate the delivery of transformative technologies to ensure those we serve always stay ahead of ready. More information at Lockheedmartin.com

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/lockheed-martin-opens-rapid-fielding-center-accelerating-defense-innovation-and-production-302729993.html

SOURCE Lockheed Martin

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Market closed

Pre-market opens in 1 day 20 hours 58 minutes
Main market opens in 2 days 2 hours 28 minutes

07:01
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
04:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).