Lockheed Martin Management
Management criteria checks 3/4
Lockheed Martin's CEO is Jim Taiclet, appointed in Jun 2020, has a tenure of 4.67 years. total yearly compensation is $22.81M, comprised of 7.7% salary and 92.3% bonuses, including company stock and options. directly owns 0.021% of the company’s shares, worth $20.72M. The average tenure of the management team and the board of directors is 3.6 years and 5.3 years respectively.
Key information
Jim Taiclet
Chief executive officer
US$22.8m
Total compensation
| CEO salary percentage | 7.7% |
| CEO tenure | 4.7yrs |
| CEO ownership | 0.02% |
| Management average tenure | 3.6yrs |
| Board average tenure | 5.3yrs |
Recent management updates
Recent updates
Lockheed Martin 2024 Earnings Weakness A Sign Of Deeper Troubles?
Jan 29We Think Lockheed Martin (NYSE:LMT) Can Stay On Top Of Its Debt
Jan 21
Lockheed Martin: Recession Proof Your Portfolio And Dividends With LMT
Jan 09Lockheed Martin Corporation's (NYSE:LMT) Shares May Have Run Too Fast Too Soon
Jan 06Why Lockheed Martin Stock Is A Buy In 2025 Despite Low Growth
Dec 09Lockheed Martin Corporation (NYSE:LMT) Shares Could Be 29% Below Their Intrinsic Value Estimate
Dec 04Lockheed Martin's (NYSE:LMT) Dividend Will Be Increased To $3.30
Nov 18Lockheed Martin: Multiyear Growth Framework Forced Investors To Face The Truth
Nov 07Lockheed Martin's (NYSE:LMT) Dividend Will Be Increased To $3.30
Oct 31Why Did Lockheed Martin Stock Tumble After Earnings Report?
Oct 23Here's What To Make Of Lockheed Martin's (NYSE:LMT) Decelerating Rates Of Return
Oct 21Lockheed Martin's (NYSE:LMT) Dividend Will Be Increased To $3.30
Oct 06Lockheed Martin: This Defense Is A Good Offense - For Now
Oct 02We Think Lockheed Martin (NYSE:LMT) Can Stay On Top Of Its Debt
Oct 01Lockheed Martin: Second-Quarter Acceleration Is Expected To Be Temporary
Sep 24Lockheed Martin: A Huge F-35 Cash Blow?
Sep 02Risks To Shareholder Returns Are Elevated At These Prices For Lockheed Martin Corporation (NYSE:LMT)
Aug 27Lockheed Martin Stock Explodes With Huge Multiple Expansion And Growth Ahead
Aug 25Lockheed Martin Goes Boom
Jul 24Lockheed Martin: A Dangerous World Is Bullish
Jul 14Lockheed Martin (NYSE:LMT) Has More To Do To Multiply In Value Going Forward
Jul 11Lockheed Martin: Bulletproof Your Portfolio Against Global Conflict
Jun 21Lockheed Martin: Justified Disconnection Between Demand And Performance
May 26Does Lockheed Martin (NYSE:LMT) Have A Healthy Balance Sheet?
May 23Seeking Alpha? Lockheed Martin Is The Place To Be
May 20Does Lockheed Martin (NYSE:LMT) Deserve A Spot On Your Watchlist?
May 09Lockheed Martin Corporation Just Beat EPS By 9.8%: Here's What Analysts Think Will Happen Next
Apr 26Why Did Lockheed Martin Stock Drop?
Apr 25Lockheed Martin: War Premium Not Priced In Yet (Upgrade)
Apr 19Lockheed Martin Corporation's (NYSE:LMT) Price Is Out Of Tune With Earnings
Apr 10Lockheed Martin: Robust Backlog Points To Sustained Growth
Mar 24Lockheed Martin: Momentum Is Building For A Counter Trend Bounce
Mar 16Returns At Lockheed Martin (NYSE:LMT) Appear To Be Weighed Down
Mar 11Is There An Opportunity With Lockheed Martin Corporation's (NYSE:LMT) 42% Undervaluation?
Feb 25Lockheed Martin: Problems Are Piling Up
Feb 21Lockheed Martin Q4: Anticipated Growth From Tactical & Strike Missiles And PAC-3 Defense
Jan 25CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | n/a | n/a | US$5b |
| Sep 29 2024 | n/a | n/a | US$7b |
| Jun 30 2024 | n/a | n/a | US$7b |
| Mar 31 2024 | n/a | n/a | US$7b |
| Dec 31 2023 | US$23m | US$2m | US$7b |
| Sep 24 2023 | n/a | n/a | US$7b |
| Jun 25 2023 | n/a | n/a | US$7b |
| Mar 26 2023 | n/a | n/a | US$6b |
| Dec 31 2022 | US$25m | US$2m | US$6b |
| Sep 25 2022 | n/a | n/a | US$6b |
| Jun 26 2022 | n/a | n/a | US$5b |
| Mar 27 2022 | n/a | n/a | US$6b |
| Dec 31 2021 | US$18m | US$2m | US$6b |
| Sep 26 2021 | n/a | n/a | US$6b |
| Jun 27 2021 | n/a | n/a | US$7b |
| Mar 28 2021 | n/a | n/a | US$7b |
| Dec 31 2020 | US$24m | US$915k | US$7b |
| Sep 27 2020 | n/a | n/a | US$7b |
| Jun 28 2020 | n/a | n/a | US$6b |
| Mar 29 2020 | n/a | n/a | US$6b |
| Dec 31 2019 | US$310k | n/a | US$6b |
| Sep 29 2019 | n/a | n/a | US$6b |
| Jun 30 2019 | n/a | n/a | US$6b |
| Mar 31 2019 | n/a | n/a | US$6b |
| Dec 31 2018 | US$310k | n/a | US$5b |
Compensation vs Market: Jim's total compensation ($USD22.81M) is above average for companies of similar size in the US market ($USD12.48M).
Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.
CEO
Jim Taiclet (63 yo)
4.7yrs
Tenure
US$22,813,775
Compensation
Mr. James D. Taiclet, Jr., also known as Jim, serves as President & Chief Executive Officer at Lockheed Martin Corporation since June 15, 2020 and also serves as its Chairman since March 01, 2021. He had b...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 4.7yrs | US$22.81m | 0.021% $ 20.7m | |
| Chief Financial Officer | 3.1yrs | US$6.66m | 0.0023% $ 2.3m | |
| Chief Operating Officer | 4.7yrs | US$9.95m | no data | |
| President of Aeronautics | 4.2yrs | US$6.96m | 0.000030% $ 29.9k | |
| President of Missiles & Fire Control | 5.3yrs | US$7.17m | 0.0038% $ 3.8m | |
| Chief Accounting Officer | 9.9yrs | no data | no data | |
| Senior Vice President of Technology & Strategic Innovation | less than a year | no data | no data | |
| Senior VP of Enterprise Business & Digital Transformation and Chief information Officer | less than a year | no data | no data | |
| VP, Treasurer & Investor Relations | 2.3yrs | no data | 0.00022% $ 219.1k | |
| Senior Vice President | less than a year | no data | no data | |
| Senior VP & Chief Communications Officer | 5.8yrs | no data | no data | |
| Senior VP & Chief Human Resource Officer | 1.4yrs | no data | no data |
3.6yrs
Average Tenure
56yo
Average Age
Experienced Management: LMT's management team is considered experienced (3.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 7.1yrs | US$22.81m | 0.021% $ 20.7m | |
| Independent Director | 3.7yrs | US$341.57k | no data | |
| Lead Independent Director | 14.7yrs | US$385.99k | 0.0022% $ 2.2m | |
| Independent Director | 5.3yrs | US$340.00k | 0.00085% $ 846.7k | |
| Independent Director | 16.8yrs | US$340.00k | 0.0028% $ 2.8m | |
| Independent Director | 3.3yrs | US$361.00k | 0.0018% $ 1.8m | |
| Independent Director | 9.6yrs | US$341.01k | 0.0011% $ 1.1m | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 6.6yrs | US$340.00k | 0.0011% $ 1.1m | |
| Independent Director | 5yrs | US$356.67k | 0.00074% $ 737.1k | |
| Independent Director | less than a year | no data | no data |
5.3yrs
Average Tenure
65.5yo
Average Age
Experienced Board: LMT's board of directors are considered experienced (5.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/16 02:39 |
| End of Day Share Price | 2025/02/14 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Lockheed Martin Corporation is covered by 48 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Eade | Argus Research Company |
| Peter Arment | Baird |
| Ishan Majumdar | Baptista Research |