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Revenue breakdown by Products & Services
Revenue breakdown by Geography

Lockheed Martin Corporation's Revenue by Segment

In fiscal year 2024, Lockheed Martin Corporation's revenue by segment (products & services) are as follows:

  • Aeronautics: $28.62B
  • Missiles And Fire Control: $12.68B
  • Rotary and Mission Systems: $17.26B
  • Space: $12.48B

Learn more about Lockheed Martin Corporation’s Revenue by Geography

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The above chart shows Lockheed Martin Corporation's revenue percentage share by segment (products and services).

In fiscal year 2022, Lockheed Martin Corporation's revenue by segment is as follows:

  • Aeronautics generated $26.99B in revenue, representing 40.9% of its total revenue.
  • Missiles And Fire Control generated $11.32B in revenue, representing 17.15% of its total revenue.
  • Rotary and Mission Systems generated $16.15B in revenue, representing 24.47% of its total revenue.
  • Space generated $11.53B in revenue, representing 17.48% of its total revenue.

The biggest segment for Lockheed Martin Corporation is the Aeronautics, which represents 40.9% of its total revenue.
The smallest segment for Lockheed Martin Corporation is the Missiles And Fire Control, which represents 17.15% of its total revenue.

The above chart shows Lockheed Martin Corporation's revenue percentage share by segment (products and services).

In fiscal year 2023, Lockheed Martin Corporation's revenue by segment is as follows:

  • Aeronautics generated $27.47B in revenue, representing 40.66% of its total revenue.
  • Missiles And Fire Control generated $11.25B in revenue, representing 16.65% of its total revenue.
  • Rotary and Mission Systems generated $16.24B in revenue, representing 24.03% of its total revenue.
  • Space generated $12.61B in revenue, representing 18.65% of its total revenue.

The biggest segment for Lockheed Martin Corporation is the Aeronautics, which represents 40.66% of its total revenue.
The smallest segment for Lockheed Martin Corporation is the Missiles And Fire Control, which represents 16.65% of its total revenue.

The above chart shows Lockheed Martin Corporation's revenue percentage share by segment (products and services).

In fiscal year 2024, Lockheed Martin Corporation's revenue by segment is as follows:

  • Aeronautics generated $28.62B in revenue, representing 40.28% of its total revenue.
  • Missiles And Fire Control generated $12.68B in revenue, representing 17.85% of its total revenue.
  • Rotary and Mission Systems generated $17.26B in revenue, representing 24.3% of its total revenue.
  • Space generated $12.48B in revenue, representing 17.57% of its total revenue.

The biggest segment for Lockheed Martin Corporation is the Aeronautics, which represents 40.28% of its total revenue.
The smallest segment for Lockheed Martin Corporation is the Space, which represents 17.57% of its total revenue.
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Summary Table

Products & Services (Percent Share) 2022 2023 2024
Aeronautics 40.9% 40.66% 40.28%
Missiles And Fire Control 17.15% 16.65% 17.85%
Rotary and Mission Systems 24.47% 24.03% 24.3%
Space 17.48% 18.65% 17.57%
Total Revenue 100% 100% 100%

The above chart shows the revenue trend of different segments of Lockheed Martin Corporation.

In fiscal year 2024, the Aeronautics generated the most revenue ($28.62B), and the Space generated the least revenue ($12.48B).

The above chart shows growth drivers and a year-over-year comparison of different segments' revenue.

  • Aeronautics revenue increased 4.16% ($1.14B) from $27.47B (in 2023) to $28.62B (in 2024).
  • Missiles And Fire Control revenue increased 12.7% ($1.43B) from $11.25B (in 2023) to $12.68B (in 2024).
  • Rotary and Mission Systems revenue increased 6.31% ($1.03B) from $16.24B (in 2023) to $17.26B (in 2024).
  • Space revenue decreased -1% ($126.00M) from $12.61B (in 2023) to $12.48B (in 2024).
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    Summary Table

    Products & Services 2022 2023 2024
    Aeronautics $26.99B - $27.47B
    1.80%
    $28.62B
    4.16%
    Missiles And Fire Control $11.32B - $11.25B
    0.57%
    $12.68B
    12.70%
    Rotary and Mission Systems $16.15B - $16.24B
    0.56%
    $17.26B
    6.31%
    Space $11.53B - $12.61B
    9.30%
    $12.48B
    1.00%
    Total Revenue $65.98B - $67.57B
    2.41%
    $71.04B
    5.14%