Lockheed Martin Corp is a global aerospace and defense technology company that designs manufactures and sustains advanced systems for national security and scientific exploration. The company operates in the aerospace and defense industry providing integrated solutions across air land sea space and cyber domains.

Lockheed Martin Corp generates revenue mainly from long term contracts with the U. S. Government and allied nations for the design production and sustainment of military aircraft missile systems helicopters space satellites and related services. The company also earns income from logistics training and support contracts that accompany its delivered systems.

The company operates through the following segments: Aeronautics, Missiles and Fire Control (MFC), Rotary and Mission Systems (RMS), and Space.

• Aeronautics is engaged in the research design development manufacture integration sustainment support and upgrade of advanced military aircraft including combat and air mobility aircraft unmanned air vehicles and related technologies. The segment also holds contracts with the U. S. Government for various classified programs. Major programs include the F-35 Lightning II multi role fifth generation stealth fighter the C-130 Hercules international tactical airlifter the F-16 Fighting Falcon combat proven multi role fighter and the F-22 Raptor air dominance and multi role fifth generation stealth fighter. The F-35 program is the largest contributor to total sales and to Aeronautics sales. In addition the segment runs Advanced Development Programs also known as Skunk Works that focus on future systems such as unmanned and manned aerial systems and next generation capabilities for air dominance hypersonics intelligence surveillance reconnaissance situational awareness and air mobility. Aeronautics also invests in network enabled activities that allow separate systems to work together to increase effectiveness and it continues to insert new technologies into existing aircraft designs.

• Missiles and Fire Control provides air and missile defense systems tactical missiles and precision strike weapon systems logistics fire control systems mission operations support readiness engineering support and integration services. The segment also holds contracts with the U. S. Government for various classified programs. Major programs include the Patriot Advanced Capability Three (PAC 3) and Terminal High Altitude Area Defense (THAAD) air and missile defense programs. Additional programs are the Multiple Launch Rocket System (MLRS) Precision Strike Missile (PrSM) Joint Air to Surface Standoff Missile (JASSM) Long Range Anti Ship Missile (LRASM) Hellfire and Joint Air to Ground Missile (JAGM) tactical and strike missile programs. The Javelin program is a one person portable anti tank and multi target precision weapon system produced jointly with RTX Corporation. The segment also supplies the Apache fire control system the Sniper Advanced Targeting Pod (SNIPER) and the Infrared Search and Track (IRST21) sensors along with global sustainment programs. It provides the Special Operations Forces Global Logistics Support Services (SOF GLSS) program and conducts hypersonics programs with the U. S. Air Force and the U. S. Army.

• Rotary and Mission Systems designs manufactures services and supports various military and commercial helicopters sea and land based missile defense systems radar systems laser systems sea and air based mission and combat systems command and control mission solutions cyber solutions simulation and training solutions and services and supports surface ships. The segment also holds contracts with the U. S. Government for various classified programs. Major lines of business include Sikorsky helicopter programs such as the Black Hawk Seahawk and CH-53K King Stallion heavy lift helicopters and the Combat Rescue Helicopter (CRH) utilized by the U. S. Air Force. Integrated warfare systems and sensors (IWSS) programs such as the Aegis Combat System (Aegis) that serve as an air and missile defense system for the U. S. Navy and international customers and are also a sea and land based element of the U. S. missile defense system and the Littoral Combat Ship (LCS) Multi Mission Surface Combatant (MMSC) and River Class Destroyer (RCD) programs that provide surface combatant ships for the U. S. Navy and international customers designed to operate in shallow waters and the open ocean. Command control communications computers cyber combat systems intelligence surveillance and reconnaissance (C6ISR) programs such as the Command Control Battle Management and Communications (C2BMC) program that provides an air operations center for the Ballistic Missile Defense System for the U. S. Government undersea combat systems programs largely serving the U. S. Navy and Australia's Joint Air Battle Management System (AIR 6500). Training logistics and simulation (TLS) programs that provide sustainment services and simulators with associated training to U. S. military and foreign government customers. Effective January 2026 the IWSS and C6ISR lines of business within RMS were restructured and renamed Sensors Effectors & Mission Systems (SEMS) and Mission Integrated Command and Control (MIC2). This includes realignment of various programs such as Aegis and RCD moving from what was historically IWSS to MIC2 which more closely aligns with C6ISR. SEMS and MIC2 will therefore incorporate an updated mix of existing program portfolios designed to accelerate mission focused solutions and enhance our customers experience.

• Space is engaged in the research and design development engineering and production of satellites space transportation systems and strategic advanced strike and defensive systems. The segment provides network enabled situational awareness and integrates complex space and ground global systems to help customers gather analyze and securely distribute critical intelligence data. Space also handles various classified systems and services in support of vital national security systems. Major programs include the Trident II D5 Fleet Ballistic Missile (FBM) program with the U. S. Navy for the only submarine launched intercontinental ballistic missile currently in production in the United States. The Next Generation Overhead Persistent Infrared (Next Gen OPIR) system provides the U. S. Space Force with enhanced worldwide missile warning capabilities. The Next Generation Interceptor (NGI) program with the Missile Defense Agency (MDA) utilizes next generation propulsion and sensors to provide homeland missile defense. The Orion Multi-Purpose Crew Vehicle (Orion) is NASA's next generation exploration class crewed vehicle for human exploration to the Moon and throughout the solar system. The Global Positioning System (GPS) III program modernizes the GPS satellite system for the U. S. Space Force. Hypersonics programs with the U. S. Army and the U. S. Navy focus on designing developing and building hypersonic strike weapons. The Transport and Tracking Layer programs consist of multiple tranches of small satellites that support the proliferated space architecture with constellations of missile warning and communications satellites for the Space Development Agency.

Lockheed Martin Corp holds a leading position in the global aerospace and defense sector competing primarily with Boeing General Dynamics L3Harris Technologies Northrop Grumman and RTX Corporation. The industry is marked by long operating cycles and intense competition for government contracts. The company's competitive advantages stem from its technical excellence reliability safety and cost competitiveness of its products and services. It also benefits from strong technical and management capability a proven ability to innovate and develop new products that improve mission performance and adapt to evolving threats. Successful program execution and on time delivery of complex integrated systems further strengthen its market standing. Lockheed Martin Corp leverages its reputation and customer confidence built on past performance and its ability to manage customer relationships effectively. Its global footprint and accessibility to customers allow it to serve both domestic and international markets. The firm often collaborates with competitors through teaming arrangements to offer comprehensive solutions while also participating as a subcontractor on other contracts.

Lockheed Martin Corp serves primarily agencies of the U. S. Government and allied nations. Its customer base includes the U. S. Army the U. S. Navy the U. S. Air Force the U. S. Marine Corps NASA the Missile Defense Agency the Space Development Agency and various international governments and foreign military sales partners. The company also works with commercial customers for certain space and technology projects.