Lockheed Martin Corporation (LMT)

449.41 +1.64 (+0.37%) At close: 04:00PM EST

Lockheed Martin Corporation

6801 Rockledge Drive
Bethesda, MD 20817
United States
301 897 6000
https://www.lockheedmartin.com

Sector(s): Industrials
Industry: Aerospace & Defense
Full-time employees: 116,000

Key executives

Name	Title	Pay	Exercised	Year born
Mr. James D. Taiclet Jr.	Chairman, President & CEO	11.4M	N/A	1961
Mr. Jesus Malave Jr.	Chief Financial Officer	3.41M	N/A	1969
Mr. Frank A. St. John	Chief Operating Officer	4.71M	N/A	1967
Ms. Maryanne R. Lavan	Senior VP, General Counsel & Corporate Secretary	3.21M	N/A	1959
Mr. Gregory M. Ulmer	Executive Vice President of Aeronautics	2.98M	N/A	1965
Mr. H. Edward Paul III	Chief Accounting Officer, VP & Controller	N/A	N/A	1976
Mr. Rodney A. Makoske	Chief Engineer and Senior VP of Engineering & Technology	N/A	N/A	N/A
Ms. Yvonne O. Hodge	Senior VP of Enterprise Business & Digital Transformation and CIO	N/A	N/A	N/A
Ms. Maria Ricciardone Lee	Vice President of Investor Relations	N/A	N/A	1976
Mr. Dean Acosta	Senior VP & Chief Communications Officer	N/A	N/A	N/A

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. It operates through four segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. The Aeronautics segment offers combat and air mobility aircraft, unmanned air vehicles, and related technologies. The Missiles and Fire Control segment provides air and missile defense systems; tactical missiles and air-to-ground precision strike weapon systems; logistics; fire control systems; mission operations support, readiness, engineering support, and integration services; manned and unmanned ground vehicles; and energy management solutions. The Rotary and Mission Systems segment offers military and commercial helicopters, surface ships, sea and land-based missile defense systems, radar systems, sea and air-based mission and combat systems, command and control mission solutions, cyber solutions, and simulation and training solutions. The Space segment offers satellites; space transportation systems; strategic, advanced strike, and defensive systems; and classified systems and services in support of national security systems. This segment also provides network-enabled situational awareness and integrates space and ground global systems to help its customers gather, analyze, and securely distribute critical intelligence data. It serves primarily serves the U.S. government, as well as foreign military sales contracted through the U.S. government. Lockheed Martin Corporation was founded in 1912 and is headquartered in Bethesda, Maryland.

Corporate governance

Lockheed Martin Corporation’s ISS governance QualityScore as of 28 November 2023 is 5. The pillar scores are Audit: 4; Board: 6; Shareholder rights: 7; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.