Our annual ranking of America's largest corporations

44 of 500
44. Lockheed Martin
Lockheed Martin
Rank: 44 (Previous rank: 54)
CEO: Robert J. Stevens
Compare tool: Lockheed Martin vs. Top 10
The U.S. government's largest defense contractor boosted sales of satellites and transport planes, while continuing to develop the new F-35 stealth fighter jet, on a $300 billion contract.

But there's trouble over the ridge: Last year the Pentagon cut missile and satellite programs and canceled Lockheed contracts for a communications satellite and the U.S. presidential helicopter. It also expects Lockheed Martin to start sharing the F-35's ballooning costs, putting the company in the hot seat for 2010.--J.S.

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Key financials $ millions % change
from 2008
Revenues 45,189.0 5.8
Profits 3,024.0 -6.0
Assets 35,111.0
Stockholders' equity 4,129.0
Market value (3/26/2010) 31,626.1
Profits as % of  
Revenues 6.7
Assets 8.6
Stockholders' equity 73.2
Earnings per share  
2009 $ 7.78
% change from 2008 -1.0
1999-2009 annual growth rate % 22.9
Total return to investors %
2009 -7.6
1999-2009 annual rate 15.0
Rank Company 500
($ millions)
1 Boeing 28 68,281.0
2 United Technologies 37 52,920.0
3 Lockheed Martin 44 45,189.0
4 Northrop Grumman 61 35,291.0
5 General Dynamics 69 31,981.0
6 Honeywell International 74 30,908.0
7 Raytheon 95 24,881.0
8 L-3 Communications 148 15,615.0
9 ITT 214 10,904.5
10 Textron 220 10,548.0
11 Precision Castparts 325 6,913.8
12 Goodrich 334 6,685.6
13 Alliant Techsystems 454 4,583.2
14 Rockwell Collins 462 4,470.0
Issue date: May 3, 2010.
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Lockheed Martin
6801 Rockledge Dr.
Bethesda, MD 20817
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Rank # of Fortune 500 Companies
California 57
Texas 57
New York 56
Company 2009 $ (millions)
Exxon Mobil $19,280.0
Microsoft $14,569.0
Wal-Mart Stores $14,335.0
FAQ and methodology
Included in the survey are U.S. incorporated companies filing financial statements with a government agency. This includes private companies... More
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