LM
Lockheed Martin
🇺🇸United StatesDefense & Space Systems
LMTNYSESpace Revenue: Space segment ~$12.7B (2024) — ~18% of total LMT revenue
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Space Relevance
Largest defense contractor — Space division builds Orion, GPS III, missile warning satellites
Competitive Position
Orion prime + GPS III + SDA wins make LMT the most diversified space prime. Largest SDA Tranche 3 recipient. Space segment is highest-margin division. Competes with Northrop on missile warning, Boeing on crew vehicles.
Key Space Programs
Orion spacecraft — NASA's deep-space crew vehicle for ArtemisGPS III satellites — next-gen positioning/navigationSDA Tranche 3 — $1.1B for 18 missile-tracking satellites (largest single award)SBIRS/Next-Gen OPIR — missile warning from GEOA2100 satellite bus — commercial and government GEO platforms
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Recent Space News
Won largest SDA Tranche 3 contract — $1.1B for 18 tracking sats
Dec 2025
Orion for Artemis II at KSC undergoing final preps
2025-26