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Lockheed Martin

American aerospace, defense, and security company.

Lockheed Martin is a major American aerospace, defense, and security company, a prime contractor on SDA's Proliferated Warfighter Space Architecture Tranche 3 Tracking Layer and a participant in the Golden Dome space-based interceptor program. On 2026-07-20 Lockheed Martin introduced the PAC-3 Adapted Capability Effector (PAC-3 ACE), a lower-cost Patriot interceptor (under $2M/round vs $4M+ for the existing PAC-3 MSE) intended to extend Patriot battery magazine depth; serial production is targeted within three years across US and European facilities. Following a July 2026 NATO-summit announcement that the US would grant Ukraine a license to manufacture Patriot interceptors, Lockheed Martin publicly backed the licensing process; the company and RTX were, as of late July 2026, in early discussions with the US government on what a Ukrainian production line could look like. In April 2026, the Air Force's HAVE HEAT experiment integrated Lockheed Martin's Infrared Search and Track (IRST) Legion Pod aboard the X-62 VISTA test aircraft, which performed 27 autonomous, AI-controlled air intercepts across 8 flights at Edwards Air Force Base using live targeting data from the pod.

Overview

Headquarters
Bethesda, MD
Founded
1995
Employees
~110,000-124,000 (aggregators vary, 2026)
Total funding
Public
Stage
Public
Status
public
Domains
Aerospace, Defense, Space

Founders0

No linked records yet.

Investors0

No linked records yet.

Cap table3

Approximate ownership by holder. Indexed holders link to their records.

Percentages marked ~ are not disclosed. Some are a generic VC-pattern model (founders/team weighted heaviest, option pool lightest, other holders evenly) sized to whatever's left undisclosed — a standard industry shape, not this company's actual cap table.

HolderInstrumentOwnership
BlackRock, Inc.
Common
~33.3%
The Vanguard Group
Common
~33.3%
State Street Corporation
Common
~33.3%

Contracts6

Programs3

Frequently asked

What does Lockheed Martin do?
Lockheed Martin is a major American aerospace, defense, and security company, a prime contractor on SDA's Proliferated Warfighter Space Architecture Tranche 3 Tracking Layer and a participant in the Golden Dome space-based interceptor program. On 2026-07-20 Lockheed Martin introduced the PAC-3 Adapted Capability Effector (PAC-3 ACE), a lower-cost Patriot interceptor (under $2M/round vs $4M+ for the existing PAC-3 MSE) intended to extend Patriot battery magazine depth; serial production is targeted within three years across US and European facilities. Following a July 2026 NATO-summit announcement that the US would grant Ukraine a license to manufacture Patriot interceptors, Lockheed Martin publicly backed the licensing process; the company and RTX were, as of late July 2026, in early discussions with the US government on what a Ukrainian production line could look like. In April 2026, the Air Force's HAVE HEAT experiment integrated Lockheed Martin's Infrared Search and Track (IRST) Legion Pod aboard the X-62 VISTA test aircraft, which performed 27 autonomous, AI-controlled air intercepts across 8 flights at Edwards Air Force Base using live targeting data from the pod.
Where is Lockheed Martin headquartered?
Lockheed Martin is headquartered in Bethesda, MD and was founded in 1995.
What does Lockheed Martin specialize in?
Lockheed Martin works across Aerospace, Defense, Space.
Does Lockheed Martin hold government contracts?
Defense Tech Atlas links Lockheed Martin to 6 government contracts and 3 programs.

Tags

Sources & citations8

Each claim links to its underlying source. Confidence reflects how directly the source supports the claim.

  1. 1

    State Street 14.9%, Vanguard 8.9%, BlackRock 7.4% — 2026 Proxy Statement Certain Beneficial Owners table, but underlying Schedule 13G/A filings are as of Dec 31, 2023 (over two years stale relative to the March 2026 proxy)

    SEC Filing: Lockheed Martin 2026 Proxy Statement
    Reported2023-12-31
  2. 2

    GAO report: Lockheed Martin producing only 6-7 Conventional Prompt Strike hypersonic missile rounds/year, versus a planned rate of 12; program cost estimated at $41B; Navy hypersonic missile installation on Zumwalt-class destroyers delayed ~2 years, with missile flight testing now scheduled for 2027

    DefenseScoop: GAO: Lockheed Martin struggling to build Navy hypersonic missile at scale
    Verified2026-07-17
  3. 3

    Lockheed Martin introduced the PAC-3 Adapted Capability Effector (PAC-3 ACE), a lower-cost Patriot interceptor priced under $2M/round vs $4M+ for PAC-3 MSE, with serial production targeted within three years

    Lockheed Martin (Official): Lockheed Martin Introduces PAC-3 ACE™ - A High-Performance, Low-Cost Interceptor
    Verified2026-07-20
  4. 4

    Secondary confirmation of PAC-3 ACE announcement and pricing/production timeline

    Defense News: Lockheed Martin announces cheaper Patriot interceptor missile
    Verified2026-07-20
  5. 5

    Lockheed Martin supports the US licensing process that would let Ukraine manufacture Patriot air-defense interceptors

    Kyiv Independent: Exclusive: Lockheed Martin supports granting Ukraine Patriot missile licenses, official says
    Verified2026-07-20
  6. 6

    President Trump granted Ukraine a license to manufacture Patriot missile interceptors, announced at the July 2026 NATO summit

    UNITED24 Media: Lockheed Martin Backs US Licensing Process for Ukrainian Patriot Air Defense Production
    Verified2026-07-20
  7. 7

    Lockheed Martin employee headcount estimates for 2026 range ~108K-124K across aggregators

    Revelio Labs: Lockheed Martin Number of Employees 2026
    Reported2026-03-01
  8. 8

    The Air Force's HAVE HEAT experiment integrated Lockheed Martin's Infrared Search and Track (IRST) Legion Pod aboard the X-62 VISTA test aircraft; an AI agent processed live targeting data from the pod to perform 27 autonomous air intercepts across 8 flights at Edwards Air Force Base in April 2026.

    DefenseScoop: Air Force expands autonomous flight tests with live, AI-enabled intercepts (HAVE HEAT / HAVE HOLIDAY)
    Verified2026-08-05