# Lockheed Martin Corporation — #1 in the Defence Trading Rankings 2026

> The largest pure-play defence company in the world, anchored by the F-35 programme.

- Source: Defence Trading
- Dataset: Defence Trading Rankings, 2026 Edition (ranked by annual defence revenue)
- Rank: 1 of 20
- Country: United States
- Canonical URL: https://www.defencetrading.com/rankings-2026-edition/lockheed-martin

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## Key facts

| Field | Value |
| --- | --- |
| Rank (2026) | 1 |
| Headquarters | Bethesda, Maryland, USA |
| Founded | 1995 |
| Employees | ~122,000 |
| Defence revenue | USD 78B |
| Total revenue | USD 78B |
| Listing | NYSE: LMT |
| Chief executive | James D. Taiclet |
| Website | lockheedmartin.com |

## Segments

- Combat Aircraft
- Missiles
- Space Systems
- Rotary & Mission Systems

## Flagship products

- F-35 Lightning II
- F-16 Fighting Falcon
- PAC-3 / Patriot
- THAAD
- Sikorsky Black Hawk
- Aegis Combat System

## Profile

Lockheed Martin is the world's largest defence contractor and the gravitational centre of the global defence industry. With over USD 78 billion of revenue and an order backlog north of USD 175 billion, the company's portfolio spans the F-35 Lightning II programme, the Patriot and THAAD air defence systems, Sikorsky rotorcraft, Aegis naval combat systems, and a long list of strategic space and missile programmes. No other company in the sector matches its programme depth or political proximity.

## Recent moves

F-35 sustainment and Block 4 upgrade cycle running at maximum tempo. PAC-3 production lines expanded twice in eighteen months to keep up with allied restocking. Sikorsky pursuing the FLRAA replacement and FARA-class follow-on programmes.

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Part of the [Defence Trading Rankings 2026](https://www.defencetrading.com/rankings). Original research by Defence Trading (defencetrading.com), free to cite with attribution and a link to https://www.defencetrading.com/rankings-2026-edition/lockheed-martin.