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.
| Holder | Instrument | Ownership |
|---|---|---|
BlackRock, Inc. | Common | ~33.3% |
The Vanguard Group | Common | ~33.3% |
State Street Corporation | Common | ~33.3% |
Contracts6
- ContractPAC-3 MSE Multiyear Production Contract$58.62B multiyear (FY2026-2032) contract to triple PAC-3 MSE interceptor production capacity by 2030, the largest Patriot missile contract to date.
- ContractContainerized Patriot Launcher / RIG-360 Phase 2 DevelopmentUp to $347.5M Army contract for Phase 2 development of a containerized Patriot missile launcher and 360-degree Remote Interceptor Guidance (RIG-360) system, eliminating the Patriot battery's radar blind spot.
- ContractTHAAD Seven-Year Production Procurement$35.5B seven-year undefinitized contract action to quadruple THAAD interceptor production, from 96 to ~400 units/year, by 2032.
- ContractF-35 Initial Non-Recurring Sustainment IDIQ$2.29B cost-plus-incentive-fee IDIQ for F-35 initial non-recurring sustainment activities (site activation, interim contractor support, fleet management).
- ContractVH-92A Improved Main Rotor Blades (Power Margin Increment Two)$107.3M Navy order to Sikorsky (a Lockheed Martin company) to develop improved main rotor blades for the VH-92A Presidential Helicopter.
- ContractF-16 Block 70 (F-16V) Fighter FMS (Taiwan)DSCA-notified FMS of 66 new F-16 Block 70 (F-16V) fighters to Taiwan, ~$8B, August 2019; built by Lockheed Martin.
Programs3
- ProgramConventional Prompt Strike (CPS)US Navy hypersonic missile program intended to arm Zumwalt-class destroyers; per a 2026 GAO report, prime contractor Lockheed Martin is producing only 6-7 rounds/year against a planned rate of 12, and shipboard installation is running roughly two years behind schedule.
- ProgramGolden Dome Space-Based Interceptor LayerSpace Force program developing space-based interceptor prototypes for the Golden Dome missile defense architecture.
- ProgramF-35 Lightning IIMultinational fifth-generation fighter program (F-35A/B/C). Eaton's Aerospace segment supplies the hydraulic power generation system, hydraulic utility actuation sub-system, wing fluid delivery system, STOVL lift-fan lubrication system, and nose-wheel steering control across all three variants.
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
8 sources behind every claim
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