Lockheed Martin (NYSE:LMT) is a global security and aerospace company headquartered in Bethesda, Maryland. Formed in 1995 through the merger of Lockheed Corporation and Martin Marietta, the company has built a reputation for delivering advanced technology systems in support of defense, civil and commercial customers. Lockheed Martin’s mission centers on designing, developing and manufacturing products that enhance the safety and capabilities of governments and allied nations around the world.
The company’s operations are organized into four primary business segments. The Aeronautics segment is best known for producing fighter and transport aircraft, including the F-35 Lightning II, F-22 Raptor and C-130 transport families. In the Missiles and Fire Control segment, Lockheed Martin develops precision strike weapons, air and missile defense systems, and fire control technologies. The Rotary and Mission Systems segment focuses on naval systems, radar and sensors, command and control solutions, and maritime defense equipment. Finally, the Space segment provides spacecraft, satellites, strategic missiles, and exploration systems, as well as services for NASA, national intelligence organizations and commercial customers.
Lockheed Martin maintains a global footprint, with facilities and partnerships spanning North America, Europe, the Middle East and the Asia-Pacific region. The company supports allied governments through foreign military sales and collaborates with international partners on joint development programs. In addition to manufacturing, Lockheed Martin offers lifecycle support, training, cybersecurity solutions and logistics services to ensure operational readiness and sustainment of its systems throughout their service lives.
Leadership at Lockheed Martin is headed by James D. Taiclet, who was appointed president and chief executive officer in June 2020. Under his guidance, the company continues to focus on innovation areas such as hypersonics, directed energy, autonomous systems and advanced space capabilities. Lockheed Martin’s board of directors and executive team oversee strategic initiatives that aim to address evolving global security challenges while maintaining strong customer relationships and long-term partnerships.
