As a global security, innovation, and aerospace company, the majority of Lockheed Martin’s business is with the U.S. Department of Defense and U.S. federal government agencies. In addition, Sikorsky (a Lockheed Martin Company) provides military and rotary-wing aircraft to all five branches of the U.S. armed forces along with military services and commercial operators in 40 nations. The remaining portion of Lockheed Martin’s business is comprised of international government and commercial sales of products, services and platforms.
Lockheed Martin’s operating units are organized into broad business areas.
- Aeronautics, with approximately $26.3 billion in 2020 sales which includes tactical aircraft, airlift, sustainment and aeronautical research and development lines of business.
- Missiles and Fire Control, with approximately $11.2 billion in 2020 sales that includes the Terminal High Altitude Area Defense System and PAC-3 Missiles as some of its high-profile programs.
- Rotary and Mission Systems, with approximately $16 billion in 2020 sales, which includes Sikorsky helicopters, maritime systems, sensors, radar systems, command and control, combat simulation and training, undersea systems and full-spectrum cyber capabilities.
- Space, with approximately $11.9 billion in 2020 sales which includes development of commercial and government satellites, strategic missiles, mission solutions and the deep space exploration lines of business.