Lockheed Martin LMT Business Segments
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Total sales by Business | |||||
| Aeronautics | $30.26B+5.7% | $28.62B+4.2% | $27.47B+1.8% | $26.99B+0.9% | |
| MFC | $14.45B+13.9% | $12.68B+12.7% | $11.25B-0.6% | $11.32B-3.2% | |
| RMS | $17.31B+0.3% | $17.26B+6.3% | $16.24B+0.6% | $16.15B-3.8% | |
| Space | $13.03B+4.4% | $12.49B-1.0% | $12.61B+9.3% | $11.53B-2.4% | |
| Total operating costs and expenses by Business | |||||
| Aeronautics | $28.17B+8.0% | $26.09B+5.9% | $24.65B+2.2% | $24.11B— | |
| MFC | $12.46B+1.5% | $12.28B+26.4% | $9.71B+0.4% | $9.68B— | |
| RMS | $16.04B+4.2% | $15.39B+6.9% | $14.4B+1.0% | $14.26B— | |
| Space | $11.69B+3.4% | $11.31B-1.4% | $11.47B+8.6% | $10.57B— | |
| Operating Income (Loss) by Business | |||||
| Aeronautics | $2.09B-17.3% | $2.52B-10.7% | $2.83B-1.5% | $2.87B+2.4% | |
| MFC | $1.99B— | —— | $1.54B-5.9% | $1.64B-0.8% | |
| RMS | $1.32B-31.1% | $1.92B+3.0% | $1.87B-2.2% | $1.91B-6.1% | |
| Space | $1.35B+9.7% | $1.23B+5.9% | $1.16B+9.6% | $1.06B-10.7% | |
| Total Assets by Business | |||||
| Aeronautics | $58.75B+7.2% | $54.82B+3.3% | $53.09B+9.4% | $48.54B+6.3% | |
| MFC | $25.87B+9.9% | $23.53B+3.1% | $22.82B+1.2% | $22.55B+10.9% | |
| RMS | $67.95B-2.1% | $69.4B-2.9% | $71.44B0.0% | $71.44B+0.4% | |
| Space | $31.29B+13.3% | $27.62B+5.4% | $26.19B+1.9% | $25.71B-2.5% | |
| Other by Business | |||||
| Aeronautics | $0— | $0— | $0-100% | $9M— | |
| MFC | $4M+500% | -$1M-133% | $3M+143% | -$7M-600% | |
| RMS | $25M+186% | -$29M-293% | $15M+142% | -$36M-300% | |
| Space Systems | $1M— | $0-100% | $1M+150% | -$2M— | |
| Acquisitions by Business | |||||
| Aeronautics | $0— | $0— | —— | $0— | |
| MFC | $0— | $0— | —— | $0— | |
| RMS | $0— | $0— | —— | $3M— | |
| Space Systems | $217M-27.2% | $298M— | —— | $0-100% | |
| Cumulative losses on development by Business | |||||
| MFC | $5.84B— | —— | —— | —— | |
| PP&E depreciation and software amortization by Business | |||||
| Aeronautics | $474M+4.9% | $452M+8.7% | $416M+8.6% | $383M+10.1% | |
| MFC | $192M+4.9% | $183M+4.6% | $175M+9.4% | $160M+4.6% | |
| RMS | $235M+3.5% | $227M+3.2% | $220M-10.2% | $245M-2.0% | |
| Space | $311M+15.2% | $270M+22.2% | $221M+10.0% | $201M-2.0% | |
| CapEx by Business | |||||
| Aeronautics | $503M-15.2% | $593M+10.8% | $535M+16.1% | $461M-3.4% | |
| MFC | $235M-11.3% | $265M+5.2% | $252M-0.4% | $253M-16.8% | |
| RMS | $243M+5.7% | $230M+4.5% | $220M-17.3% | $266M-4.7% | |
| Space | $342M-6.6% | $366M-19.6% | $455M+16.4% | $391M+28.2% | |
| Contract Liabilities by Business | |||||
| MFC | $5.07B— | —— | —— | —— | |
| Total sales by Geography | |||||
| Asia Pacific | $7.82B+25.2% | $6.24B+6.7% | $5.85B+6.8% | $5.48B-10.3% | |
| Europe | $8.81B+14.1% | $7.72B+10.1% | $7.01B+11.9% | $6.27B-7.3% | |
| Middle East | $2.86B-6.9% | $3.08B-13.5% | $3.55B-6.4% | $3.8B-10.7% | |
| Other | $1.86B+25.4% | $1.48B+20.8% | $1.23B-11.6% | $1.39B+5.4% | |
| United States | $53.71B+2.2% | $52.53B+5.2% | $49.93B+1.8% | $49.05B+0.9% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Lockheed Martin break its business down?
- Lockheed Martin (LMT) reports total sales by business across 4 parts — Aeronautics, MFC, RMS and Space. Each is extracted from the segment footnotes and tracked over time.
- Where does Lockheed Martin's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Lockheed Martin's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
