Lockheed Martin Company Description
Lockheed Martin moves product in times of crisis -- the company is the world's #1 military contractor (ahead of Boeing and Northrop Grumman). Lockheed is firmly on the defense/government side of the aerospace industry; in fact, the US government accounts for about 85% of sales. This reliance on the US government is a double-edged sword: Lockheed can largely avoid turbulence in the commercial aerospace sector, but the company is vulnerable to military spending cuts. The Electronic Systems and Information Systems & Global Services segments account for more than half of Lockheed's sales.
View the Comprehensive Company Description for Lockheed Martin
The Company Description provides a historical perspective of Lockheed Martin's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Lockheed Martin's evolution in the marketplace.
