Lockheed Martin Corp.

6801 Rockledge Dr.

Year founded: 1995

Industry: Aerospace/defense

Post 200 Category: Top 125 Companies

Revenue: $35.53 Billion

Net Income/Loss: $1.27 Billion

Earnings per share: $2.83

Dividend: $0.91

Stockholder equity: $7.02 Billion

Auditor: Ernst & Young LLP

Stock: LMT

Assets: $25.55 Billion

Market capitalization: $27.24 Billion

52-week high: 62.98 4/6/2005

52-week low: 45.73 4/20/2004

Chairman and CEO: Robert J. Stevens

EVP and CFO: Christopher E. Kubasik

Employees: 130000

Local employees: 15000

Description: Lockheed Martin is the Pentagon's largest contractor. Its franchise includes fighter jets, satellites and rockets, as well as processing millions of Social Security checks.

Developments: Robert J. Stevens took over as chief executive from Vance D. Coffman, who retired after 37 years at the company. The company reached $35 billion in revenue as its aircraft business, which makes the F-16 fighter, and information technology programs continued to fuel growth. Lockheed emerged as the winner in a public and bruising battle with Sikorsky Aircraft Corp. for a $6 billion program to build the presidential helicopter, despite criticism of Lockheed's plan to use a British-Italian designed aircraft. The win helped further Lockheed's strategy of breaking into new markets through partnerships with manufacturers of platforms it doesn't make, including helicopters and ships. The Pentagon's proposed 2006 budget could foretell trouble for the company. As part of a plan to offset the costs of the Iraq war and concerns about the budget deficit, the Pentagon has proposed building fewer of Lockheed's F/A-22 fighter jets and canceling its C-130J transport aircraft program. Both proposals face a tough fight against Lockheed supporters in Congress. Lockheed also remains locked in a legal battle with rival Boeing Co. over a 1990s rocket launch competition. Lockheed filed suit after Boeing admitted that some of its employees had proprietary Lockheed documents during the competition.

Executive Compensation
Chairman, Former CEO: Vance D. Coffman
Total Cash: $3,560,000.00
Total Compensation: $19,034,951.00

President and CEO: Robert J. Stevens
Total Cash: $3,371,442.00
Total Compensation: $12,643,350.00

Executive Vice President, Aeronautics: Dain M. Hancock
Total Cash: $1,610,669.00
Total Compensation: $6,108,023.00

Executive Vice President: Robert B. Coutts
Total Cash: $1,576,169.00
Total Compensation: $5,626,271.00

Executive Vice President: Michael F. Camardo
Total Cash: $1,375,538.00
Total Compensation: $5,024,517.00

Senior Vice President: Frank H. Menaker
Total Cash: $1,463,177.00
Total Compensation: $4,781,693.00

Former Vice President: Albert E. Smith
Total Cash: $1,496,669.00
Total Compensation: $4,775,695.00