Headquartered in Bethesda, Maryland, Lockheed Martin Corporation is a global security and aerospace company that employs approximately 114,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.

Company profile
Ticker
LMT
Exchange
Website
CEO
James Taiclet
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Helicopter Support, Inc. • Lockheed Martin Aerospace Systems Integration, LLC • Lockheed Martin Australia Pty Limited • Lockheed Martin Canada Inc. • Lockheed Martin Global, Inc. • Lockheed Martin Investments Inc. • Lockheed Martin Overseas, LLC • Lockheed Martin UK Ampthill Limited • Lockheed Martin UK Limited • Sikorsky Aircraft Corporation ...
IRS number
521893632
LMT stock data
News

The Final Call: Short Energy And Long Lockheed Martin And This Tech Major
20 Jun 22
Lockheed Martin Whale Trades For June 17
17 Jun 22
Analyzing Lockheed Martin's Short Interest
17 Jun 22
Here's How Much $1000 Invested In Lockheed Martin 10 Years Ago Would Be Worth Today
14 Jun 22
Google Co-Founder Looks To Revive Airships, But This Steampunk Industry Already Has Plenty Of Competition
7 Jun 22
Press releases
Lockheed Martin Declares Third Quarter 2022 Dividend
23 Jun 22
MDA SELECTED BY LOCKHEED MARTIN FOR SPACE DEVELOPMENT AGENCY'S TRANCHE 1 TRANSPORT LAYER CONSTELLATION
7 Jun 22
Lockheed Martin Names New Officers for the Treasurer and Controller Roles
6 Jun 22
Lockheed Martin Chairman, President and CEO and CFO to Speak at the Bernstein 38th Annual Strategic Decisions Conference
26 May 22
U.S. Air Force and Lockheed Martin Successfully Complete ARRW Hypersonic Boosted Test Flight
19 May 22
Analyst ratings and price targets
Investment data
4 long holdings End of quarter 31 Mar 22 |
Value |
#Shares |
Prev Q |
Change %, QoQ |
---|---|---|---|---|
$90.86M | 13.21M | NEW | ||
$46.61M | 5.79M | 5.79M | 0 | |
$46.32M | 3.63M | 3.63M | 0 | |
$368K | 45.28K | NEW |
Holdings list only includes long positions.
Only includes long positions.
Calendar
20 Apr 22
26 Jun 22
31 Dec 22
Financial summary
Quarter (USD) | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
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Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.88B | 1.88B | 1.88B | 1.88B | 1.88B | 1.88B |
Cash burn (monthly) | 573.67M | 87.5M | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 1.72B | 262.45M | n/a | n/a | n/a | n/a |
Cash remaining | 162.33M | 1.62B | n/a | n/a | n/a | n/a |
Runway (months of cash) | 0.3 | 18.5 | n/a | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
20 May 22 | Robert M Lightfoot JR | Common Stock | Payment of exercise | Dispose F | No | No | 424.15 | 386 | 163.72K | 492 |
20 May 22 | Robert M Lightfoot JR | Common Stock | Option exercise | Acquire M | No | No | 0 | 878 | 0 | 878 |
20 May 22 | Robert M Lightfoot JR | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 878 | 0 | 0 |
21 Apr 22 | John Donovan | Common Stock | Buy | Acquire P | No | No | 440.5459 | 568 | 250.23K | 568 |
1 Apr 22 | Ellis James O Jr | Common Stock | Sale back to company | Dispose D | No | No | 445.98 | 519.574 | 231.72K | 200 |
1 Apr 22 | Ellis James O Jr | Common Stock | Option exercise | Acquire M | No | No | 0 | 519.574 | 0 | 719.574 |
1 Apr 22 | Ellis James O Jr | Phantom Stock Units Common Stock | Option exercise | Dispose M | Yes | No | 0 | 519.574 | 0 | 21,687.57 |
Institutional ownership, Q1 2022
75.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 2112 |
Opened positions | 258 |
Closed positions | 161 |
Increased positions | 836 |
Reduced positions | 740 |
13F shares | Current |
---|---|
Total value | 88.06B |
Total shares | 199.48M |
Total puts | 6.73M |
Total calls | 7.62M |
Total put/call ratio | 0.9 |
Largest owners | Shares | Value |
---|---|---|
STT State Street | 38.78M | $17.12B |
Vanguard | 22.58M | $9.97B |
BLK Blackrock | 17.8M | $7.86B |
Capital World Investors | 16.02M | $7.07B |
Charles Schwab Investment Management | 5.26M | $2.32B |
Wellington Management | 4.3M | $1.9B |
FMR | 4.26M | $1.88B |
Geode Capital Management | 4.19M | $1.85B |
MS Morgan Stanley | 4.04M | $1.78B |
BAC Bank Of America | 3.53M | $1.56B |
Financial report summary
?Competition
Boeing • Frequency Electronics • L3Harris • Parsons • Telos • Leidos • Teledyne FLIR • Oshkosh • Viasat • Applied EnergeticsRisks
- We depend heavily on contracts with the U.S. Government for a substantial portion of our business. Changes in the U.S. Government’s priorities, or delays or reductions in spending could have a material adverse effect on our business.
- The F-35 program comprises a material portion of our revenue and reductions in funding for this program and risks related to the development, production, sustainment, performance, schedule, cost and requirements of the program could adversely affect our performance.
- We are subject to procurement laws and regulations, including those that enable the U.S. Government to terminate contracts for convenience. Our business and reputation could be adversely affected if we or those we do business with fail to comply with these laws.
- Evolving U.S. Government procurement policies, increased emphasis on cost over performance and rapid acquisition initiatives could adversely affect our business.
- Our profitability and cash flow may vary based on the mix of our contracts and programs, our performance, and our ability to control costs.
- We are routinely subject to audit by our customers on government contracts and the results of those audits could have an adverse effect on our business, reputation and results of operations.
- Increased competition and bid protests in a budget-constrained environment may make it more difficult to maintain our financial performance and customer relationships.
- We are the prime contractor on most of our contracts and if our subcontractors, suppliers or teaming agreement or joint venture partners fail to perform their obligations, our performance and ability to win future business could be harmed.
- Our success depends, in part, on our ability to develop new technologies, products and services and efficiently produce and deliver existing products.
- International sales may pose different economic, regulatory, competition and other risks.
- Geopolitical issues and considerations could have a significant effect on our business.
- U.S. Government sanctions on Turkey could adversely impact our results of operations and cash flows.
- We may be unable to benefit fully from or adequately protect our intellectual property rights or use third-party intellectual property, which could negatively affect our business.
- Our business and financial performance depends on our ability to identify, attract and retain a highly skilled workforce.
- Our efforts to minimize the likelihood and impact of adverse cybersecurity incidents and to protect data and intellectual property may not be successful and our business could be negatively affected by cyber or other security threats or other disruptions.
- If we fail to successfully complete or manage acquisitions, divestitures, equity investments and other transactions, including our proposed acquisition of Aerojet Rocketdyne, or if acquired entities or equity investments fail to perform as expected, our financial results, business and future prospects could be harmed.
- Pension funding and costs are dependent on several economic assumptions which if changed may cause our future earnings and cash flow to fluctuate significantly as well as affect the affordability of our products and services.
- Our estimates and projections may prove to be inaccurate and certain of our assets may be at risk of future impairment.
- Changes in tax laws and regulations or exposure to additional tax liabilities could adversely affect our financial results.
- Our business involves significant risks and uncertainties that may not be covered by indemnity or insurance.
- There can be no assurance that we will continue to increase our dividend or to repurchase shares of our common stock.
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. sophomore Avg
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New words:
acquiree, agreeable, ASC, assistance, baseline, bidder, block, booster, Bureau, climate, Coast, contrast, coverage, COVID, CPPC, dominance, effort, encompassed, EPA, European, exit, FASB, Finland, FMF, Fort, free, Germany, goal, Guard, HLS, human, IAM, invoiced, join, JPO, kroner, lander, Lot, mandatory, meet, Norwegian, Omicron, onsite, original, Orion, Polish, prospective, reach, reaching, reinvesting, repayment, Russia, shortfall, solution, substitute, titled, Ukraine, unique, variant, warranty, weapon, Worth, zloty
Removed:
absence, AEHF, aggressive, allegedly, approval, Arab, Arabia, arrangement, assumption, Bipartisan, Capability, chargeback, closed, criteria, deferral, demonstration, denied, digit, directed, dismissal, dismissing, document, eased, enhancing, executing, exercise, extended, facilitate, flowing, foreseeable, Frequency, Gen, guidance, hand, incorporate, increasing, incremental, Infrared, July, leave, liquidation, LLC, minimize, Ministry, moved, narrow, obtain, obtaining, OCO, Office, operation, OPIR, organization, Overview, pay, payroll, periodic, permitting, personnel, proceed, ready, realism, realize, reevaluating, refine, reimburse, restrict, reversal, revise, Saudi, September, sick, slightly, spending, stage, structure, suspend, turret, UK, upgraded, Warrior, withdrawn
Financial reports
Current reports
8-K
Lockheed Martin Names New Officers for the Treasurer and Controller Roles
6 Jun 22
8-K
Other Events
5 May 22
8-K
Submission of Matters to a Vote of Security Holders
21 Apr 22
8-K
Other Events
21 Apr 22
8-K
Lockheed Martin Reports First Quarter 2022 Financial Results
19 Apr 22
8-K
Lockheed Martin Terminates Agreement to Acquire Aerojet Rocketdyne
14 Feb 22
8-K
Lockheed Martin Names Jay Malave as Chief Financial Officer
1 Feb 22
8-K
Lockheed Martin Reports Fourth Quarter and Full Year 2021 Financial Results
25 Jan 22
8-K
Lockheed Martin Reports Third Quarter 2021 Financial Results
26 Oct 21
8-K
Lockheed Martin Elects John M. Donovan to Board of Directors
21 Oct 21
Registration and prospectus
424B2
Prospectus for primary offering
22 Apr 22
FWP
Free writing prospectus
21 Apr 22
424B5
Prospectus supplement for primary offering
21 Apr 22
S-8 POS
Registration of securities for employees (post-effective amendment)
23 Oct 20
S-8 POS
Registration of securities for employees (post-effective amendment)
23 Oct 20
S-8 POS
Registration of securities for employees (post-effective amendment)
23 Oct 20
S-8 POS
Registration of securities for employees (post-effective amendment)
23 Oct 20
S-8 POS
Registration of securities for employees (post-effective amendment)
23 Oct 20
424B5
Prospectus supplement for primary offering
18 May 20
FWP
Free writing prospectus
15 May 20
Other
SD
Conflict minerals disclosure
19 May 22
SD
Conflict minerals disclosure
24 May 21
SD
Conflict minerals disclosure
21 May 20
SD
Conflict minerals disclosure
24 May 19
SD
Conflict minerals disclosure
25 May 18
EFFECT
Notice of effectiveness
26 Sep 17
CORRESP
Correspondence with SEC
24 Sep 17
UPLOAD
Letter from SEC
18 Sep 17
SD
Conflict minerals disclosure
18 May 17
UPLOAD
Letter from SEC
1 May 17
Ownership
11-K
Annual report of employee stock purchases
22 Jun 22
11-K
Annual report of employee stock purchases
22 Jun 22
11-K
Annual report of employee stock purchases
22 Jun 22
11-K
Annual report of employee stock purchases
22 Jun 22
3
LOCKHEED MARTIN / Evan T Scott ownership change
16 Jun 22
3
LOCKHEED MARTIN / Harry Edward Paul III ownership change
16 Jun 22
4
LOCKHEED MARTIN / Robert M Lightfoot JR ownership change
24 May 22
3/A
Initial statement of insider ownership (amended)
12 May 22
13F-HR
Quarterly holdings report by institutional manager
12 May 22
4
LOCKHEED MARTIN / John Donovan ownership change
25 Apr 22
Patents
Utility
Method of Removal and Replacement of a Tip Section of a Rotor Blade
23 Jun 22
A method of mounting a replacement tip section to an exposed end of a rotor blade includes removing an existing tip section from the rotor blade to create the exposed end of the rotor blade, installing the rotor blade having the exposed end onto a holding fixture, assembling the replacement tip section about the exposed end of the rotor blade, positioning a bonding fixture about the replacement tip section, and curing the replacement tip section to the exposed end of the rotor blade.
Utility
Pressure Relief Shipping Adapter for a Bottle Head Assembly
23 Jun 22
In one embodiment, systems and methods include using a pressure relief shipping adapter to reduce the internal pressure of a container.
Utility
System, apparatus, and method for distributing power for radar system
21 Jun 22
Systems, apparatus, and related methods for distributing power associated with radars are disclosed.
Utility
Simulation view network streamer
21 Jun 22
A simulation view network streamer is disclosed.
Utility
Systems and methods for assembling space frame structures
14 Jun 22
A strut-and-node truss design that is applicable to space frame structure designs can be assembled with using robotic (semi-autonomous and/or fully autonomous) or telerobotic assembly/joining.
Transcripts
2022 Q1
Earnings call transcript
19 Apr 22
2021 Q4
Earnings call transcript
25 Jan 22
2021 Q3
Earnings call transcript
26 Oct 21
2021 Q2
Earnings call transcript
26 Jul 21
2021 Q1
Earnings call transcript
20 Apr 21
2020 Q4
Earnings call transcript
26 Jan 21
2020 Q3
Earnings call transcript
20 Oct 20
2020 Q2
Earnings call transcript
21 Jul 20
2020 Q1
Earnings call transcript
21 Apr 20
2019 Q4
Earnings call transcript
28 Jan 20
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15 Jun 22
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16 May 22
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12 May 22
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11 May 22
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28 Apr 22
(4/21) Thursday's Pre-Market Stock Movers & News
21 Apr 22
(4/20) Wednesday's Pre-Market Stock Movers & News
20 Apr 22
Sudden large sum of money
15 Apr 22
Earnings Season Begins! Most Anticipated Earnings Releases for the next 5 weeks
15 Apr 22