Calepin des entreprises international 2026 VA.pdf — page 139

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LOCKHEED MARTIN
Business trends
	
 Lockheed Martin revenues reached $71 billion (€65.7 billion) in 2024, up 5.1% year-on-year in local currency. 
Three of the group’s divisions recorded an increase in revenues: Missiles and Fire Control (+12.7%), Rotary 
and Mission Systems (+6.3%, with 89 military helicopters delivered in 2024, compared with 63 in 2023), and 
Aeronautics (+4.2%, with the deliveries of 110 F-35 Lightning II and 16 F-16 Fighting Falcon fighter aircraft, as 
well as 21 C-130J Super Hercules tactical transport aircraft). 
	
 In June 2025, Lockheed Martin completed the acquisition of the Rapid Solutions business of Amentum, an 
engineering company specialising in space intelligence and airborne ISR technologies.
Home market
	
 The group is highly dependent on the U.S. market (74% of its revenue in 2024). The U.S. Department of 
Defense, its largest customer, accounted for 65% of sales, excluding Foreign Military Sales.
	
 Lockheed Martin won a $4.94 billion (€4.57 billion) contract in March 2025 from the U.S. Army to produce 
Precision Strike Missile (PrSM) tactical ballistic missiles, which can be deployed by M142 HIMARS and 
M270A2 MLRS rocket launchers.
	
 In June 2025, the group delivered an eighth THAAD missile defence system to the U.S. Department of Defense, 
consisting of three launchers, one fire control unit and one AN/TPY-2 radar (Raytheon).
	
 The U.S. Army ordered AGM-179 JAGM and AGM-114 Hellfire air-to-surface missiles from the group in 
August 2025 for $720 million (€665 million). Some of the missiles are intended for export customers under FMS 
procedures (Spain, Italy, Poland, the Czech Republic, the United Kingdom and Canada).
	
 In September 2025, the Raytheon-Lockheed Martin Javelin JV joint venture received an order worth 
$901 million (€833 million) to supply FGM-148 Javelin anti-tank missiles to the U.S. Armed Forces, as well as to 
Brazil and Tunisia under FMS procedures.
	
 In September 2025, the U.S. Army awarded the group a $9.8 billion (€9.1 billion) contract to produce 
1,970 PAC-3 MSE interceptor missiles for the Patriot missile defence system (Raytheon).
	
 The Sikorsky subsidiary signed a $10.9 billion (€10.1 billion) contract in September 2025 with the U.S. Marine 
Corps to produce batches 9 to 13 of CH-53K King Stallion heavy-lift transport helicopters, representing up to 
99 units, to be delivered between 2029 and 2034.
	
 The F-35 Joint Programme Office ordered batches 18 and 19 of F-35 Lightning II fighter aircraft (representing 
296 aircraft) in September 2025 from Lockheed Martin for $24.3 billion (€22.5 billion).
Export markets
	
 In February 2025, Lockheed Martin delivered to the Bulgarian Air Force the first of eight F-16 Fighting Falcon 
Block 70 fighter aircraft ordered in 2019.
	
 In April 2025, Lockheed Martin completed deliveries of F-35A fighter aircraft to Norway (52 units).
	
 The Swedish Defence Materiel Administration (FMV) selected the group’s AN/TPY-4 AESA air surveillance 
radar, becoming its second export customer after Norway. Deliveries will begin in 2027.
Technology and Innovation
	
 Self-financed R&D expenditure amounted to $1.6 billion (€1.5 billion) in 2024, representing 2.3% of revenues.
	
 The U.S. Navy awarded Lockeed Martin a $383 million (€354 million) contract in January 2025 to develop the 
next generation of the UGM-133A Trident II nuclear-armed ballistic missile. This version, named D5LE2, will be 
deployed by the future Columbia-class SSBNs (General Dynamics).
	
 In the United States, the Missile Defense Agency awarded the group a contract in February 2025 to improve 
the capabilities of the THAAD system over a period of five years (with an option for a further five years), for a 
ceiling value of $2.8 billion (€2.6 billion).	
	
	
	
STRATEGIC HIGHLIGHTS