Lockheed Martin

Lockheed Martin is a U.S.-based global aerospace and defense technology company headquartered in Bethesda, Maryland. Its work spans military aviation, space systems, missile technologies, sensors, communications, cybersecurity, autonomous systems and advanced engineering.

What Does Lockheed Martin Do?

Lockheed Martin operates through four major business areas: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. Together, these divisions develop technologies for air, land, sea and space applications.

The Aeronautics division is responsible for some of the company's best-known aircraft. Its portfolio includes the F-35, F-22, F-16, C-130 and U-2. Lockheed Martin also operates Skunk Works, an advanced development organization associated with experimental aircraft and next-generation aviation technologies.

Space and Advanced Technology

Lockheed Martin is also a major participant in the space industry. Its projects cover spacecraft, satellites, human spaceflight, deep-space exploration, navigation, communications and national security systems.

The company increasingly combines traditional aerospace engineering with software and digital technologies. Its capabilities include artificial intelligence, autonomous systems, cybersecurity, digital engineering, advanced simulation and integrated command-and-control technologies.

This reflects a broader change in aerospace: modern aircraft and spacecraft are no longer isolated machines. They increasingly operate as connected systems that exchange information through sensors, software and communication networks.

History and Global Scale

The roots of the Lockheed and Martin businesses date back to 1912. The modern Lockheed Martin Corporation was later formed through the merger of Lockheed Corporation and Martin Marietta.

Today, Lockheed Martin employs approximately 123,000 people worldwide and operates hundreds of facilities. The company reported $75 billion in net sales for 2025.

Lockheed Martin in Aerospace

Lockheed Martin stands out because its aerospace activities extend beyond aircraft manufacturing. The company combines aviation, space technology, sensors, software, autonomous systems and advanced defense technologies within one organization.

This makes Lockheed Martin an important company to follow when comparing major players shaping the global aerospace industry.

On TouchBid, users can compare Lockheed Martin with other companies and see how the community ranks it in the Aerospace category.