XNYS
LMT
Market cap119bUSD
Jul 09, Last price
518.26USD
1D
-1.84%
1Q
-15.55%
Jan 2017
107.35%
Name
Lockheed Martin Corp
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Profile
Lockheed Martin Corporation, a prominent global aerospace and defense enterprise, specializes in the comprehensive lifecycle management of advanced technology systems, products, and services, from initial research and design to manufacturing, integration, and ongoing sustainment. Its extensive operations are structured into four primary divisions: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. The Aeronautics division is dedicated to developing and delivering combat and air mobility aircraft, unmanned aerial vehicles, and associated technological innovations. Through its Missiles and Fire Control segment, the company provides an array of solutions, including air and missile defense systems, precision tactical missiles, air-to-ground strike weapons, comprehensive logistics, sophisticated fire control technology, extensive mission operations and engineering support, integration services, both crewed and autonomous ground vehicles, and innovative energy management solutions. The Rotary and Mission Systems unit offers a diverse portfolio encompassing military and commercial helicopters, naval surface vessels, sea and land-based missile defense capabilities, advanced radar systems, integrated sea and air-based mission and combat systems, command and control solutions, cybersecurity expertise, and cutting-edge simulation and training programs. Within the Space segment, Lockheed Martin crafts satellites, space transportation systems, strategic, advanced strike, and defensive missile systems, alongside confidential programs and services vital for national security. This division further enhances situational awareness through network integration, connecting space and ground-based systems to assist clients in gathering, analyzing, and securely distributing crucial intelligence information. Its principal customer is the U.S. government, with additional foreign military sales facilitated via U.S. government contracts. Lockheed Martin Corporation was established in 1912 and is headquartered in Bethesda, Maryland.
IPO date
Oct 11, 1961
Employees
116,000
Domiciled in
US
Incorporated in
US
Valuation
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