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    Lockheed Martin Corporation
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    Revenue breakdown by Products & Services
    Revenue breakdown by Geography

    Lockheed Martin Corporation's Revenue by Segment

    In fiscal year 2023, Lockheed Martin Corporation's revenue by segment (products & services) are as follows:

    • Aeronautics: $27.47B
    • Missiles And Fire Control: $11.25B
    • Rotary and Mission Systems: $16.24B
    • Space: $12.61B

    Learn more about Lockheed Martin Corporation’s Revenue by Geography

    Check out competitors to Lockheed Martin Corporation in a side-by-side comparison.

    Explore additional financial metrics for Lockheed Martin Corporation.

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

    In fiscal year 2021, Lockheed Martin Corporation's revenue by segment is as follows:

    • Aeronautics generated $26.75B in revenue, representing 39.9% of its total revenue.
    • Missiles And Fire Control generated $11.69B in revenue, representing 17.44% of its total revenue.
    • Rotary and Mission Systems generated $16.79B in revenue, representing 25.04% of its total revenue.
    • Space generated $11.81B in revenue, representing 17.62% of its total revenue.

    The biggest segment for Lockheed Martin Corporation is the Aeronautics, which represents 39.9% of its total revenue.
    The smallest segment for Lockheed Martin Corporation is the Missiles And Fire Control, which represents 17.44% of its total revenue.

    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.
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    Summary Table

    Products & Services (Percent Share) 2021 2022 2023
    Aeronautics 39.9% 40.9% 40.66%
    Missiles And Fire Control 17.44% 17.15% 16.65%
    Rotary and Mission Systems 25.04% 24.47% 24.03%
    Space 17.62% 17.48% 18.65%
    Total Revenue 100% 100% 100%

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

    In fiscal year 2023, the Aeronautics generated the most revenue ($27.47B), and the Missiles And Fire Control generated the least revenue ($11.25B).

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

  • Aeronautics revenue increased 1.8% ($487.00M) from $26.99B (in 2022) to $27.47B (in 2023).
  • Missiles And Fire Control revenue decreased -0.57% ($64.00M) from $11.32B (in 2022) to $11.25B (in 2023).
  • Rotary and Mission Systems revenue increased 0.56% ($91.00M) from $16.15B (in 2022) to $16.24B (in 2023).
  • Space revenue increased 9.3% ($1.07B) from $11.53B (in 2022) to $12.61B (in 2023).
    • Continue reading...

    Summary Table

    Products & Services 2021
    Value Change
    		2022
    Value Change
    		2023
    Value Change
    Aeronautics $26.75B - $26.99B
    0.89%
    		$27.47B
    1.80%
    Missiles And Fire Control $11.69B - $11.32B
    3.22%
    		$11.25B
    0.57%
    Rotary and Mission Systems $16.79B - $16.15B
    3.82%
    		$16.24B
    0.56%
    Space $11.81B - $11.53B
    2.39%
    		$12.61B
    9.30%
    Total Revenue $67.04B - $65.98B
    1.58%
    		$67.57B
    2.41%

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