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Company Directory - Lockheed Martin Corporation

Company Details - Lockheed Martin Corporation

Lockheed Martin Corporation Logo

Lockheed Martin Corporation

Website

Bethesda, United States

NYSE: LMT, S&P 500 

ISIN: US5398301094

375 Locations

Lockheed Martin Corporation is a global aerospace, defense, and security company that designs, develops, manufactures, and integrates advanced technology systems, products, and services to meet national security and defense needs.

CCI Score

CCI Score: Lockheed Martin Corporation

-17.90

Latest Event

Lockheed Martin’s Role in Defense Procurement Fuels Militarism

The Canadian defense procurement plans, which include a Lockheed Martin-built combat management system, raise concerns about the company’s role in promoting militaristic policies and supporting authoritarian tendencies through its deep ties with political leadership and advanced military technologies.

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ENABLER

Lockheed Martin Corporation is currently rated as an Enabler.

-10 to -19 CCI Score
Companies in this segment facilitate authoritarian practices while claiming neutrality. They provide resources or support that indirectly bolster oppressive regimes, thereby undermining democratic accountability without overtly endorsing the regime.

Latest Events

  • Lockheed Martin’s Role in Defense Procurement Fuels Militarism Logo
    MAR
    25
    2025

    The Canadian defense procurement plans, which include a Lockheed Martin-built combat management system, raise concerns about the company’s role in promoting militaristic policies and supporting authoritarian tendencies through its deep ties with political leadership and advanced military technologies.

  • Canadian Defense Procurement Review Highlights Lockheed Martin's Role Logo
    MAR
    25
    2025

    During a campaign stop in Halifax, Liberal Leader Mark Carney emphasized the need for a review of defense contracts involving U.S.-based Lockheed Martin, raising questions about the influence of defense contractors on national security and authoritarian practices.

  • Denmark Defense Chief Criticizes F-35 Over Security Risks Logo
    MAR
    24
    2025

    Denmark's defense chief has expressed regret over the F-35 purchase, warning that the United States might use the jets as geopolitical leverage through mechanisms such as a kill-switch. This raises concerns about Lockheed Martin's role in producing technology that can be exploited to undermine national sovereignty and empower authoritarian strategies.

  • Lockheed Martin PAC Contribution to Federal Candidates Logo
    FEB
    06
    2025

    Lockheed Martin’s political action committee contributed $1,446,000 to federal candidates during the 2023-2024 election cycle. This sizeable contribution, sourced from Federal Election Commission data released on February 06, 2025, highlights the company's active engagement in political financing through its PAC, raising concerns about the influence of defense contractors on democratic processes.

  • -60

    Political Contributions and Lobbying Efforts

    April 3

    The contribution of $1,446,000 by Lockheed Martin’s PAC to federal candidates indicates significant political spending that may be used to sway policy in favor of military and defense interests. Such financial influence raises concerns about democratic accountability and the potential reinforcement of authoritarian practices, given the company's role as a major defense contractor.

    Lockheed Martin PAC Contributions to Federal Candidates

  • Lockheed Martin Resolves Hiring Discrimination Case Logo
    JAN
    20
    2025

    Lockheed Martin entered an Early Resolution Conciliation Agreement with the U.S. Department of Labor's OFCCP to settle allegations of race-based hiring discrimination. Under the agreement, the company paid $700,000 in back wages and interest to 616 affected Asian, African American, and Hispanic applicants and agreed to hire 34 of them.

  • -70

    Labor Relations and Human Rights Practices

    April 3

    The agreement resolves findings of discriminatory hiring practices affecting marginalized groups, with Lockheed Martin having to compensate and take corrective hiring action. This incident reflects a failure in upholding fair labor standards for marginalized communities, leading to a negative rating in labor relations and human rights practices.

    Lockheed Martin Corp. Agrees to Pay $700,000 to Resolve Alleged Hiring Discrimination Following U.S. Department of Labor Investigation

  • Lockheed Martin Human Rights Statement Logo
    JAN
    01
    2025

    Lockheed Martin outlines its commitment to human rights across its operations and supply chain, detailing policies and practices in its sustainability report that emphasize respect for human rights and supplier accountability.

  • +40

    Labor Relations and Human Rights Practices

    March 20

    Lockheed Martin’s sustainability page strongly emphasizes adherence to human rights within its labor practices. The company outlines commitments in its Code of Ethics and Business Conduct, ensuring that human rights are respected in its operations. However, given its core business as a major defense contractor, anti-fascist critics may view these claims with skepticism regarding their depth and enforcement.

    Human Rights — Lockheed Martin Sustainability

  • +35

    Supply Chain Ethics

    March 20

    The company's policies extend to its supply chain through its Supplier Code of Conduct, setting expectations for suppliers to adhere to human rights and ethical standards. While these measures are touted as a means to ensure supply chain accountability, the effectiveness of monitoring and enforcement remains open to scrutiny, especially in the context of its broader defense-related operations.

    Human Rights — Lockheed Martin Sustainability

  • Lockheed Martin Long Range Hypersonic Weapon Test Logo
    DEC
    01
    2024

    In a development reported by RT, Lockheed Martin’s long range hypersonic weapon was successfully tested last December, a step that contributes to advancing high-speed military technologies amid an escalating arms race. This technological progress raises concerns over its potential use in fueling authoritarian and repressive military strategies.

  • Successful Test Launch of Long Range Hypersonic Weapon Logo
    DEC
    01
    2024

    After previous delays and failed tests, Washington announced in December a successful test launch of its Long Range Hypersonic Weapon developed by Lockheed Martin since 2017. This event underscores the company's role in advancing sophisticated military technologies that could contribute to an arms race and bolster authoritarian deterrence strategies.

  • Lockheed Martin Political Disclosures and Lobbying Practices Logo
    JAN
    01
    2024

    Lockheed Martin’s political disclosures outline its established practices in political contributions, lobbying, and participation in trade associations. The page details adherence to federal and state regulations, transparent reporting, and a commitment to funding processes aligned with corporate interests rather than personal agendas. The disclosures also note that the company refrains from funding unregistered political organizations, reflecting a regulated approach to its political involvement.

  • +10

    Political Contributions and Lobbying Efforts

    April 3

    Lockheed Martin demonstrates a level of ethical political engagement by fully disclosing its contributions, lobbying expenditures, and adherence to legal requirements. While its core operations in the defense sector inherently support militaristic policies, the transparency and compliance shown in its political contributions reduce concerns of overt authoritarian influence. This controlled, regulated political behavior is assessed moderately positively within the Public and Political Behavior category.

    Political Disclosures

  • Lockheed Martin Political Contributions and Lobbying Disclosures Logo
    JAN
    01
    2024

    Lockheed Martin's official political disclosures reveal extensive political contributions and lobbying activities managed through its Government Affairs function. While the company demonstrates legal compliance and transparency, its active involvement in lobbying and support for policies that bolster a militaristic defense agenda raises concerns among anti-fascist groups about reinforcing established state power and authoritarian practices.

  • -40

    Political Contributions and Lobbying Efforts

    March 20

    Lockheed Martin's disclosed political contributions and lobbying efforts, while conducted transparently and in compliance with legal frameworks, support a defense-industrial complex that can contribute to militaristic policies. From an anti-fascist perspective, these activities, despite being routine for a major defense contractor, indirectly underpin state power structures that may facilitate authoritarian practices.

    Political Disclosures

  • Lockheed Martin Outsourcing Plan Threatens Union Jobs Logo
    OCT
    03
    2023

    Lockheed Martin proposed outsourcing the 50-person Fire Safety Department at its Marietta facility, prompting Congresswoman Nikema Williams and the Georgia Democratic Delegation to demand that the company protect long-serving union workers from potential job losses.

  • -50

    Labor Relations and Human Rights Practices

    April 3

    Lockheed Martin’s proposal to outsource a critical, unionized fire safety department undermines labor rights and devalues decades of service by union workers. This move has sparked political intervention from Congresswoman Nikema Williams and her delegation, highlighting serious concerns over worker protections and ethical business practices.

    Congresswoman Nikema Williams Leads Georgia Democratic Delegation in Effort to Protect Jobs for Georgians

  • Lockheed Martin Human Rights Commitment Logo
    OCT
    01
    2023

    Lockheed Martin’s sustainability webpage details the company’s commitment to human rights through its Code of Ethics, Business Conduct, and Supplier Code of Conduct, emphasizing adherence to recognized human rights principles across its operations and supply chain.

  • +20

    Business Practices and Ethical Responsibility

    April 3

    The sustainability page outlines Lockheed Martin’s commitment to human rights by integrating human rights principles into its Code of Ethics and establishing a Supplier Code of Conduct. This communicates a positive, though self-promotional, stance on ethical business practices, reflecting an effort toward responsible corporate governance—even if independently verifying these claims remains challenging.

    Human Rights — Lockheed Martin Sustainability

  • Lockheed Martin NLRB Labor Relations Proceedings Logo
    AUG
    29
    2023

    The NLRB webpage details union certification proceedings involving Lockheed Martin. The information outlines the voting unit for certification by the International Association of Machinists and Aerospace Workers, AFL-CIO, covering various employee categories including aircraft mechanics and support staff. This process is indicative of efforts to secure worker representation and strengthen labor rights.

  • +50

    Labor Relations and Human Rights Practices

    April 3

    The NLRB docket highlights union certification efforts among Lockheed Martin workers, a move that supports enhanced labor rights and worker empowerment. From an anti-authoritarian perspective, actions that facilitate union representation and protect workers are viewed positively.

    LOCKHEED MARTIN CORPORATION - National Labor Relations Board

  • Lockheed Martin Faces Union Certification Process Logo
    AUG
    29
    2023

    The NLRB case (09-RC-324734) details efforts by the International Association of Machinists and Aerospace Workers, AFL-CIO to certify union representation for various Lockheed Martin job classifications, a move that supports worker rights and fair labor practices.

  • +80

    Labor Relations and Human Rights Practices

    April 3

    The NLRB case indicates that a major labor union is actively seeking to certify union representation for Lockheed Martin employees. This effort represents a positive move toward bolstering workers' rights and fair labor practices, countering authoritarian corporate tendencies.

    LOCKHEED MARTIN CORPORATION - National Labor Relations Board

  • Lockheed Martin EEO Policy Update – Affirmative Action and Nondiscrimination Logo
    MAR
    01
    2023

    In March 2023, Lockheed Martin updated its corporate nondiscrimination and equal employment opportunity policy. The updated policy reinforces the company’s commitment to equal opportunity, outlining comprehensive procedures for reporting discrimination, enforcing affirmative action, and protecting marginalized groups.

  • +80

    Labor Relations and Human Rights Practices

    April 3

    The updated policy is a significant step toward protecting labor rights by promoting equitable treatment and affirmative action for minorities, women, veterans, and people with disabilities. This commitment to preventing discrimination and supporting marginalized groups aligns with progressive, anti-authoritarian values.

    Nondiscrimination and Equal Employment Opportunity

  • Lockheed Martin Donates $250k Amid Ukraine Aid Debate Logo
    MAY
    23
    2022

    Campaign donations made by Lockheed Martin's PAC, totaling over $250k, were timed to coincide with legislative debates on Ukraine aid. This strategic financial contribution appears aimed at influencing key lawmakers, raising concerns over corporate complicity in bolstering policies that may facilitate authoritarian practices.

  • -60

    Political Contributions and Lobbying Efforts

    March 20

    Lockheed Martin's significant political donations, orchestrated during critical debates on Ukraine aid, suggest a calculated effort to sway policy in favor of defense spending and corporate profits. This maneuver exemplifies problematic political contributions that entangle corporate interests with government policy, thereby undermining democratic processes and potentially fostering authoritarian tendencies.

    Lockheed Martin Gave Over $250k to Politicians as They Discussed Ukraine Bills

  • Lockheed Martin's Political Donations to GOP Objectors Logo
    JUL
    19
    2021

    The article reports that Lockheed Martin has emerged as the top corporate donor to GOP members who supported overturning democratic election results, highlighting concerns over the company's political contributions that may bolster authoritarian practices.

  • -80

    Political Contributions and Lobbying Efforts

    March 20

    Lockheed Martin has donated to 53 GOP members of Congress, including those who voted against certifying the 2020 election results. This contribution, especially after a brief pause in donations post-January 6, signals the company’s willingness to support politicians engaged in undermining democratic processes. Such political contributions are seen as contributing to an environment where authoritarian tactics are enabled.

    Lockheed Martin is now the top corporate donor to GOP objectors

  • Lockheed Martin's $60M Arms Deal with Jordan Logo
    MAR
    07
    2021

    The report details a $60 million contract between Lockheed Martin and Jordan to supply F-16 Fighting Falcons and related services, an arms sale that raises concerns about the proliferation of U.S. weapons to regimes with authoritarian tendencies.

  • -50

    Economic Collaboration

    April 3

    The arms sale deal with Jordan is indicative of economic collaboration that supports the militarization abroad and can contribute to empowering authoritarian regimes. By engaging in lucrative arms deals, Lockheed Martin reinforces its role in global conflict dynamics, which may indirectly support oppressive systems.

    This Is How the Biggest Arms Manufacturers Steer Millions to Influence US Policy

  • Lockheed Martin's 2020 Lobbying Efforts to Influence U.S. Policy Logo
    DEC
    31
    2020

    A report reveals that Lockheed Martin, along with other major defense contractors, contributed to a combined $60 million in lobbying efforts during 2020 to shape U.S. policy, highlighting the extensive influence of the defense industry through political contributions and revolving door practices.

  • -80

    Political Contributions and Lobbying Efforts

    April 3

    Lockheed Martin's involvement as part of a coalition spending significant sums on lobbying reflects a strategy to wield disproportionate political influence. This use of financial power to shape policy reinforces entrenched defense industry interests and perpetuates the revolving door between government and corporate roles, which can undermine democratic accountability.

    This Is How the Biggest Arms Manufacturers Steer Millions to Influence US Policy

  • Lockheed Martin Supply Chain Policy on Human Trafficking Logo
    DEC
    31
    2017

    Lockheed Martin outlines its commitment to preventing modern slavery and human trafficking in its supply chain through compliance measures, supplier codes of conduct, and an ethics helpline, reflecting a positive but improvable approach to human rights within business practices.

  • +70

    Labor Relations and Human Rights Practices

    March 20

    Lockheed Martin has implemented a policy that mandates supplier compliance with laws aimed at preventing slavery and human trafficking, reflecting a commitment to human rights. However, the absence of rigorous supplier audits indicates there is still room for improvement in actively safeguarding labor rights.

    Human Trafficking

  • +75

    Supply Chain Ethics

    March 20

    The company's policy clearly outlines several methods for verifying supply chain integrity and requires suppliers to adhere to anti-slavery regulations. While this transparency and due diligence are commendable, the reliance on self-reporting and the absence of formal audits slightly reduce the overall effectiveness of these measures.

    Human Trafficking

Corporate Financials

Revenue
2022
$65.00B
Total Assets
2022
$62.41B
Operating Income
2022
$10.00B
Total Equity
2022
$10.00B

Employees: 114,000

Industries

336411
Aircraft Manufacturing
336414
Guided Missile and Space Vehicle Manufacturing
336999
All Other Transportation Equipment Manufacturing
541330
Engineering Services
541715
Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology)
928110
National Security
541712
Research and Development in the Physical, Engineering, and Life Sciences (Biotechnology)