- Business
- Lockheed Martin Corporation (NYSE: LMT; LOM.DE) is a leading global security and aerospace company that researches, designs, develops, manufactures, integrates and sustains advanced technology systems, products and services. The company operates through four principal business segments: Aeronautics, which manufactures combat and air mobility aircraft, including the F-35 Lightning II, F-16 Fighting Falcon, C-130 Hercules and F-22 Raptor; Missiles and Fire Control, which produces integrated air and missile defense systems such as PAC-3 MSE, precision strike weapons including Javelin, GMLRS, HIMARS, PrSM, JASSM and LRASM, and fire control systems; Rotary and Mission Systems, which offers Sikorsky helicopters, maritime systems, radar, sensors, command and control, cyber solutions, simulation, training and undersea systems; and Space, which develops national security and civil spacecraft, missile defense systems, hypersonics, satellites and the Orion spacecraft for NASA. Lockheed Martin serves principally the U.S. Department of Defense, U.S. federal agencies, international governments and commercial customers in more than 50 countries from approximately 350 facilities worldwide with around 121,000 employees.
Founded in 1995 through the merger of Lockheed Corporation and Martin Marietta and headquartered at 6801 Rockledge Drive in Bethesda, Maryland, the company maintains a diverse customer base that includes all five branches of the U.S. armed forces, foreign militaries and commercial operators.
In recent developments, Lockheed Martin completed its acquisition of Terran Orbital and its subsidiary Tyvak International in October 2024 to bolster satellite production capabilities, acquired Amentum's Rapid Solutions business unit in June 2025 to enhance space and airborne mission technologies, announced a strategic collaboration with Diehl Defence on November 18, 2025, to expand integrated air and missile defense offerings internationally, and opened a 17,000-square-foot Hypersonics System Integration Lab in Huntsville, Alabama, on December 3, 2025; the company is also ramping production capacities, including PAC-3 MSE to over 600 units in 2025 toward 650 by 2027, HIMARS launchers to 96 annually, Javelin to 3,960 per year by late 2026, and PrSM to 400 missiles yearly under a March 2025 award.