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Industry Center - Aerospace/Defense Products & Services
Industry Center > Aerospace/Defense Products & Services > Lockheed Martin Corporation Company Profile
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Lockheed Martin Corporation Company Profile
Lockheed Martin moves product in times of crisis -- the company is the world's #1 military contractor (ahead of Boeing and Northrop Grumman). Lockheed is firmly on the defense/government side of the aerospace industry; in fact, the US government accounts for about 85% of sales. This reliance on the US government is a double-edged sword: Lockheed can largely avoid turbulence in the commercial aerospace sector, but the company is vulnerable to military spending cuts. The Electronic Systems and Information Systems & Global Services segments account for more than half of Lockheed's sales.
Headlines for Lockheed Martin Corporation
[external] Indian PM's visit to US comes with rapid trade growth
at Reuters - Tue 8:00 am ET
[$$] Lousy Statistics Are Hard to Spin
at RealMoney by TheStreet.com - Tue 8:00 am ET
3 Stocks Priced 50% Below the Market
at SmartMoney.com - Tue 5:01 am ET
U.S. Says Lockheed Must Pay Part of F-35 Cost Overruns
at The New York Times - Tue 3:27 am ET
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Contact Information
Address: 6801 Rockledge Dr.
Bethesda, MD 20817-1877
Phone:301-897-6000
Fax:301-897-6704
Financial Highlights
Fiscal Year End:December
Revenue (2008):42731.00 M
Revenue Growth (1 yr):2.10%
Employees (2008):146,000
Employee Growth (1 yr):4.30%
Key People
Chairman, President, and CEO: Robert J. Stevens
EVP Electronic Systems: Christopher E. Kubasik
EVP and CFO: Bruce L. Tanner
Industry Information
Sector: Industrial Goods
Industry: Aerospace/Defense Products & Services
Top Competitors
The Boeing Company (ba)
Northrop Grumman Corporation (noc)
Raytheon Company (rtn)
 


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