Lockheed Martin Corporation

Lockheed Martin Aeronautics Company, a division of Lockheed Martin Corporation, designs, develops, produces, and sustains advanced military aircraft and aerospace systems as a prime contractor for the Department of Defense, NASA, and allied nations, competing on a full-and-open basis without socioeconomic set-asides across a $550.38 billion combined potential value footprint dominated by fighter aircraft platforms.

The division operates as 100 percent prime (21,207 of 21,243 awards), with minimal subcontractor engagement (3 percent sub-hours share across SCI-reportable prime contracts, naming 16 subcontractors including Raytheon Company for F-22 sensor work and University of Dayton for testing and sustainment). Lockheed Martin Aeronautics Company is headquartered at 1 Lockheed Boulevard, Fort Worth, Texas 76108, with primary NAICS concentration in Engineering Services (3,824 awards), Aircraft Manufacturing (1,958 awards), and Other Aircraft Parts and Auxiliary Equipment Manufacturing (1,705 awards). Top PSC codes span Airframe Structural Components (2,891 awards), Aircraft, Fixed Wing (2,310 awards), and Maintenance/Repair/Rebuild of Equipment—Aircraft Components and Accessories (1,218 awards).

Customer concentration is extreme and defense-centric. The Department of the Navy Naval Air Systems Command (NAVAIR) anchors the portfolio at 1,016 awards worth $349.23 billion—63 percent of combined potential value—primarily through F-35 Lightning II Joint Strike Fighter work under a $3.91 billion indefinite delivery contract (extending through September 2028) and a $3.164 billion sole-source F-35 Site Activation and Hardware IDIQ (through December 2028). The Department of the Air Force Materiel Command's Aeronautical Systems Center holds 445 awards worth $148.93 billion, concentrated on F-22 Raptor sustainment and modernization under the ARES (Advanced Raptor Enhancement and Sustainment) IDIQ and F-22 program office support delivery orders. Together, NAVAIR and ASC account for approximately 70 percent of total potential value. Air Force Materiel Command (all subordinates) represents 2,578 awards across $38.19 billion; Defense Logistics Agency Aviation carries 1,372 awards at $46.8 million. The top five customer agencies by potential value cover 98 percent of the combined portfolio.

Capability footprint centers on fifth-generation and legacy fighter aircraft. F-35 Lightning II work encompasses airframe design, production, sustainment, mission systems software, spare parts procurement, weapons integration, and international partner site activation; recent representative awards include a $879 million Lot 18-19 Airframe and Avionics Enablement delivery order (May 2026), a $991.1 million Block 4 Capability Upgrade Year 2 and Year 3 award (May 2026), and a $100.5 million heat sink multilayer insulation delivery order (May 2026). F-22 Raptor work spans sustainment modifications, heavy maintenance, avionics upgrades, sensor enhancements, and Low Drag Tanks and Pylons production; named examples include a $525.989 million F-22 program office support delivery order under ARES (June 2026), a $200.03 million F-22 sustainment modifications and heavy maintenance order (October 2025), and a $171.1 million F-22 Low Drag Tanks and Pylons production award (September 2025). F-16 Fighting Falcon work includes Aircraft Structural Integrity Program support, technical order sustainment, power supply spares, and international customer engineering services across Bulgaria, Bahrain, Morocco, Oman, Thailand, Israel, and Ukraine; a representative $513.599 billion Bulgaria F-16 production contract (January 2027) lists component suppliers including BAE Systems, L3Harris, Honeywell, and Parker Hannifin. Emerging work under the Missile Defense Agency's SHIELD program (a $151 billion multiple-award IDIQ awarded December 2025) positions the division for multi-domain air and missile defense integration.

Vehicle position across major indefinite delivery contracts: F-35 IDIQ vehicles total $3.91 billion (NAVAIR F-35 Support through September 2028) plus $3.164 billion (F-35 Site Activation through December 2028). F-22 ARES IDIQ supports avionics, sensor, and sustainment work through June 2030. Air Force Materiel Command Aeronautical Systems Center IDIQs include F-22 Increment 3.2B Modernization work and Advanced Battle Management System (ABMS) digital infrastructure development ($163.1 million delivery order, April 2026). F-15 Automated Weight and Balance/Automated Form F IDIQ ($2.16 million, Warner Robins Air Logistics Complex, through July 2031). Advanced Aerospace Systems Technology Research (AASTR) vehicle under Air Force supports fighter R&D. The top parent vehicle is Indefinite Delivery Contract F4262001D0058 with 2,730 task orders and $3.74 billion combined potential value. Basic Ordering Agreement F4160880G0028 carries 1,253 task orders; F3365776C0191 holds 1,055 task orders.

Activity has contracted sharply in recent calendar years. Awards-per-year trend: 2023, 373 awards; 2024, 278; 2025, 303; 2026, 116; 2027, 3 (truncated sample). This trajectory signals either portfolio maturation toward longer-duration, higher-value delivery orders or a shift in government procurement structure away from discrete awards to large multi-year vehicles. Recompete exposure in the next twenty-four months totals 362 awards worth $78.83 billion—a substantial cliff driven by F-35 and F-22 program vehicle expirations and renewal cycles beginning in late 2026 and 2027.

SCI-reportable invoiced revenue (service contracts above $150,000 reporting threshold, excluding goods and classified work) totaled $4.59 billion across FY2022–FY2025: FY2022, $796.2 million (1,001 FTEs, contract-level); FY2023, $1.22 billion (1,038 FTEs); FY2024, $1.33 billion (694 FTEs); FY2025, $1.24 billion (1,034 FTEs). FTE trajectory shows volatility, peaking at 1,038 in FY2023 and FY2025 around 1,034 FTEs, with a dip to 694 in FY2024. Government-paid hourly rates on federal services contracts run a median of $391.12/hr, with senior labor pricing through $2,688.20/hr (90th percentile) and floor rates around $4.15/hr (10th percentile). The SCI dataset represents a strict subset of federal services revenue and excludes goods, products, micro-purchases, and classified work; it does not capture the division's total federal or enterprise revenue.

Subcontractor footprint is minimal relative to prime revenue. Named subs on prime contracts include Raytheon Company (F-22 sensor enhancements, precision machined optical assemblies, test equipment), University of Dayton (sustainment and combat readiness capabilities testing and program management), BAE Systems Information and Electronic Systems Integration Inc. (Automatic Test Equipment sustainment and avionics intermediate shop support), and Amentum Services, Inc. (INDOPACIFIC Command technology experimentation analysis and management services). Average sub-hours share across SCI-reportable prime contracts is 3 percent, indicating Lockheed Martin Aeronautics builds its own delivery teams rather than relying on broad subcontractor networks.

Federal grant activity is minimal. One cooperative agreement recipient award is named: participation in NASA's High-Rate Composites Aircraft Manufacturing (HICAM) Project Phase 1 (June 2023, completion December 2026) through the NASA Shared Services Center. One sub-grant award under the National Center for Defense Manufacturing and Machining (October 2025) is recorded.

The division maintains a corporate parent structure under Lockheed Martin Corp (Bethesda, Maryland headquarters, 6801 Rockledge Drive). Lockheed Martin Corporation operates as the parent entity and Lockheed Martin Aeronautics Company as the Aeronautics division. The corporate group's broader $550.38 billion potential value portfolio reflects Lockheed Martin's dominance across the federal defense industrial base, with Aeronautics anchoring fighter aircraft and airframe integration across the largest Major Defense Acquisition Programs.