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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.
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| | | Contact Information | |
Address: |
6801 Rockledge Dr.
Bethesda, MD 20817-1877
| | Phone: | 301-897-6000 | | Fax: | 301-897-6704 |
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| 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% |
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Key People
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Chairman, President, and CEO:
Robert J. Stevens
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EVP Electronic Systems:
Christopher E. Kubasik
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EVP and CFO:
Bruce L. Tanner
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