Company profile

Future of Lockheed Martin

#
Rank
130
| Quantumrun Global 1000

Lockheed Martin is a US worldwide defense, advanced technologies, aerospace, and security company with global interests. The company was established in March 1995 through the merger of Martin Marietta and Lockheed Corporation. The company is headquartered in Bethesda, Maryland, in the Washington, DC, area. 

Home Country:
Sector:
Industry:
Aerospace and Defense
Founded:
1995
Global employee count:
97000
Domestic employee count:
89240
Number of domestic locations:

Financial Health

Revenue:
$47248000000 USD
3y average revenue:
$42576666667 USD
Operating expenses:
$42186000000 USD
3y average expenses:
$37831000000 USD
Funds in reserve:
$1837000000 USD
Market country
Revenue from country
0.73

Asset Performance

  1. Product/Service/Dept. name
    Aeronautics
    Product/Service revenue
    1769000000
  2. Product/Service/Dept. name
    Rotary and mission systems
    Product/Service revenue
    13462000000
  3. Product/Service/Dept. name
    Space systems
    Product/Service revenue
    9409000000

Innovation assets and Pipeline

Global brand rank:
240
Investment into R&D:
$988000000 USD
Total patents held:
4664

All company data collected from its 2016 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page. 

DISRUPTION VULNERABILITY

Belonging to the aerospace and defense sector means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:

*First off, advances in nanotech and material sciences will result in a range of new construction materials that are stronger, lighter, heat and impact resistant, shapeshifting, among other exotic properties. These new materials will allow for the creation of a range of new rockets, air, land, and sea vehicles that possess capabilities far superior to today's commercial and combat transportation systems.
*The plummeting price and increasing energy capacity of solid-state batteries will result in a greater adoption of electric-powered commercial aircraft and combat vehicles. This shift will lead to significant fuel cost savings for short haul, commercial airlines and less vulnerable supply lines within active combat zones.
*Significant innovations in aeronautical engine design will reintroduce hypersonic airliners for commercial use that will finally make such travel economical for airlines and consumers.
*The shrinking cost and increasing functionality of advanced manufacturing robotics will lead to further automation of factory assembly lines, thereby improving manufacturing quality and costs.
*The shrinking cost and increasing computational capacity of artificial intelligence systems will lead to its greater use across a number of applications, especially drone air, land, and sea vehicles for commercial and military applications.
*The development of reusable rockets, the involvement of the private sector, and the increased investment/competition from emerging nations is finally making the commercialization of space more economical. This will spur increased investment and involvement by aerospace and defense companies for commercial and military purposes.
*As Asia and Africa rise in population and wealth, there will be a greater demand for aerospace and defense offerings, especially from established Western suppliers.
*2020 to 2040 will see the continued growth of China, the rise of Africa, an unstable Russia, a more assertive Eastern Europe, and a fragmenting Middle East—international trends that will guarantee demand for aerospace and defense sector offerings.

COMPANY’S FUTURE PROSPECTS

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