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Lockheed Martin Corporation (LMT) Competitors & Peers

The 5 companies closest to Lockheed Martin Corporation on the factors that matter — each comparable links to its own dossier. Numbers are code-computed, never estimated.

How we identify peers ↗

TickerRelationshipPriceComparables
GESupplier$366.70P/E 43.7RSI 55Cap 380.5 B
RTXCompetitor$224.12P/E 39.5RSI 77Cap 302.1 B
BACompetitor$232.79P/E 84.0RSI 58Cap 183.9 B
GDCompetitor$395.97P/E 24.2RSI 69Cap 107.1 B
HWMSupplier$283.71P/E 61.0RSI 54Cap 113.1 B

How these relationships were derived

Every relationship below carries its provenance. A confirmed edge is sourced from a public filing or disclosure and links to it; an AI-inferred edge is surfaced by the relationship model and is unverified — shown for color, not as evidence.

Confirmed relationships (cited)

Sourced from a public filing or disclosure — each links to its origin.

  • HXLCustomer

    Hexcel supplies high-performance carbon fiber composites and honeycombs to Lockheed Martin for the F-35 Joint Strike Fighter program.

    Confirmed — SEC filing / public disclosuresec.gov
  • HWMSupplier

    Howmet Aerospace supplies titanium forgings, structural castings, and fasteners to Lockheed Martin for the F-35 Joint Strike Fighter program.

    Confirmed — SEC filing / public disclosuresec.gov
  • RTXSupplier

    RTX's Pratt & Whitney division is the exclusive supplier of the F135 propulsion system powering the F-35 Joint Strike Fighter program.

    Confirmed — SEC filing / public disclosuresec.gov
  • NOCSupplier

    Northrop Grumman is a key subcontractor for the F-35 program, supplying the center fuselage, AESA radar, and electro-optical distributed aperture system.

    Confirmed — SEC filing / public disclosuresec.gov
  • BA.LSupplier

    BAE Systems is a major subcontractor for the F-35, supplying the aft fuselage, active interceptor control, and electronic warfare suites.

    Confirmed — SEC filing / public disclosuresec.gov
  • QBTSSupplier

    Lockheed Martin is a long-standing leasing customer of D-Wave's quantum annealing computers, hosting systems at the USC-Lockheed Martin QCC.

    Confirmed — SEC filing / public disclosuresec.gov
  • DODCustomer

    The US Department of Defense is Lockheed Martin's primary customer, accounting for approximately 72% of consolidated net sales in FY2025.

    Confirmed — SEC filing / public disclosuresec.gov
  • CWCustomer

    Curtiss-Wright is a key subcontractor for Lockheed Martin, providing flight control components, actuators, and rugged embedded computing systems for the F-35 Joint Strike Fighter program.

    Confirmed — SEC filing / public disclosuresec.gov
  • QBTSCustomer

    Lockheed Martin is a long-standing customer of D-Wave, leasing its first commercial quantum computer in 2011 and collaborating via the USC-Lockheed Martin QCC.

    Confirmed — SEC filing / public disclosuresec.gov
  • WYYSupplier

    Own 10-Q customer-concentration disclosure: LockheedMartin = 0% of revenue.

    Confirmed — SEC filing / public disclosuresec.gov
  • DCOSupplier

    Own 10-K customer-concentration disclosure: LockheedMartin = 4% of revenue.

    Confirmed — SEC filing / public disclosuresec.gov
  • MOG-ASupplier

    Own 10-K customer-concentration disclosure: LockheedMartin = 9% of revenue.

    Confirmed — SEC filing / public disclosuresec.gov
  • RCMTSupplier

    Own 10-K customer-concentration disclosure: SikorskyAircraft = 10% of revenue.

    Confirmed — SEC filing / public disclosuresec.gov
  • MRCYSupplier

    Own 10-Q customer-concentration disclosure: LockheedMartinCorporation = 10% of revenue.

    Confirmed — SEC filing / public disclosuresec.gov
  • AIRISupplier

    Own 10-Q customer-concentration disclosure: LockheedMartin = 25% of revenue.

    Confirmed — SEC filing / public disclosuresec.gov

Model-inferred relationships (unverified)

Suggested by the relationship model, with no public source on file. Treat each as a lead worth checking, not as evidence.

  • BA.LPartner

    BAE Systems is a principal partner on the F-35 Lightning II program, responsible for the aft fuselage and electronic warfare systems.

    Model-inferred, unverified — treat as a lead, not evidence
  • GDCompetitor

    Top US defense primes.

    Model-inferred, unverified — treat as a lead, not evidence
  • NOCCompetitor

    Top US defense primes.

    Model-inferred, unverified — treat as a lead, not evidence
  • RTXCompetitor

    Top US defense primes.

    Model-inferred, unverified — treat as a lead, not evidence
  • NASASupplier

    Lockheed Orion capsule + MSR.

    Model-inferred, unverified — treat as a lead, not evidence
  • LLAPCustomer

    Lockheed Martin was Terran Orbital's primary customer and acquired the company in October 2024.

    Model-inferred, unverified — treat as a lead, not evidence
  • TTMICustomer

    TTM supplies specialized circuit boards for Lockheed fighter jets.

    Model-inferred, unverified — treat as a lead, not evidence
  • RTXSupplier

    RTX (Pratt & Whitney) supplies F-35 F135 engines to Lockheed.

    Model-inferred, unverified — treat as a lead, not evidence
  • TXTCompetitor

    Lockheed-Sikorsky lost FLRAA to Textron Bell V-280.

    Model-inferred, unverified — treat as a lead, not evidence
  • BWXTPartner

    Partners with Lockheed Martin on advanced defense nuclear space propulsion projects.

    Model-inferred, unverified — treat as a lead, not evidence
  • TXTCompetitor

    Textron Bell V-280 beat Lockheed Sikorsky-Boeing SB-1 for FLRAA.

    Model-inferred, unverified — treat as a lead, not evidence
  • RNMBYPartner

    Collaborate on development of GMARS (German Mobile Artillery Rocket System).

    Model-inferred, unverified — treat as a lead, not evidence
  • MDAPartner

    MDA partners with Lockheed Martin to integrate space robotics and satellite sensor systems.

    Model-inferred, unverified — treat as a lead, not evidence
  • SAABCompetitor

    Saab's Gripen E competes directly with Lockheed Martin's F-16 and F-35 in global military fighter aircraft tenders.

    Model-inferred, unverified — treat as a lead, not evidence
  • BACompetitor

    Boeing-Lockheed United Launch Alliance JV for legacy launch.

    Model-inferred, unverified — treat as a lead, not evidence
  • DASSAULTCompetitor

    Dassault's Rafale competes directly with Lockheed Martin's F-16 and F-35 fighter aircraft in global military tenders.

    Model-inferred, unverified — treat as a lead, not evidence
  • RNMBFPartner

    Collaborate on development of GMARS (German Mobile Artillery Rocket System).

    Model-inferred, unverified — treat as a lead, not evidence
  • BAESFPartner

    BAE Systems supplies rear fuselage and electronics for the F-35 Lightning II program led by Lockheed Martin.

    Model-inferred, unverified — treat as a lead, not evidence
  • HWMSupplier

    Howmet supplies titanium + aluminum + investment castings for F-35.

    Model-inferred, unverified — treat as a lead, not evidence
  • PSIQUANTUMPartner

    Lockheed Martin entered a strategic partnership (MoU in Nov 2025) to co-develop defense-specific applications and algorithms on PsiQuantum's Construct software platform.

    Model-inferred, unverified — treat as a lead, not evidence
  • LHXSupplier

    L3Harris (Aerojet) supplies rocket motors for Lockheed missiles.

    Model-inferred, unverified — treat as a lead, not evidence
  • LHXSupplier

    L3Harris Aerojet supplies rocket motors to Lockheed Martin missile programs.

    Model-inferred, unverified — treat as a lead, not evidence
  • DFNSPartner

    Lockheed Martin supplies integrated sub-assemblies and shares engineering research.

    Model-inferred, unverified — treat as a lead, not evidence
  • DRSHFPartner

    Lockheed Martin supplies integrated sub-assemblies and shares engineering research.

    Model-inferred, unverified — treat as a lead, not evidence
  • DFSCPartner

    Lockheed Martin supplies integrated sub-assemblies and shares engineering research.

    Model-inferred, unverified — treat as a lead, not evidence
  • GESupplier

    GE Aerospace supplies engines for Lockheed C-130J + LM-100J.

    Model-inferred, unverified — treat as a lead, not evidence
  • AVEXPartner

    Lockheed Martin supplies integrated sub-assemblies and shares engineering research.

    Model-inferred, unverified — treat as a lead, not evidence
  • CVUPartner

    Lockheed Martin supplies integrated sub-assemblies and shares engineering research.

    Model-inferred, unverified — treat as a lead, not evidence
  • MTRNCustomer

    Materion supplies advanced structural beryllium-aluminum alloys utilized in the optical sensor housings of the F-35 fighter jet.

    Model-inferred, unverified — treat as a lead, not evidence
  • AIROPartner

    Lockheed Martin supplies integrated sub-assemblies and shares engineering research.

    Model-inferred, unverified — treat as a lead, not evidence
  • LEONARDOCompetitor

    Leonardo's helicopter and trainer divisions compete with Lockheed Martin's Sikorsky helicopters and trainer platforms.

    Model-inferred, unverified — treat as a lead, not evidence
  • HIIPartner

    HII and Lockheed Martin collaborate on the integration of Aegis combat systems and vertical launch tubes on naval vessels.

    Model-inferred, unverified — treat as a lead, not evidence
  • MCHPCustomer

    Lockheed Martin utilizes Microchip's space-grade FPGAs, microcontrollers, and oscillator systems in satellite and missile architectures.

    Model-inferred, unverified — treat as a lead, not evidence
  • AIRIPartner

    Lockheed Martin supplies integrated sub-assemblies and shares engineering research.

    Model-inferred, unverified — treat as a lead, not evidence
  • ATROBPartner

    Lockheed Martin supplies integrated sub-assemblies and shares engineering research.

    Model-inferred, unverified — treat as a lead, not evidence