secwatch.observer — SEC 8-K summary
======================================

Issuer:     LOCKHEED MARTIN CORP (LMT)
CIK:        0000936468
Form:       8-K
Filed at:   2025-12-09T23:59:59+00:00
Accession:  0001193125-25-312904
Event type: debt
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lockheed Martin enters $3.0B 364-day unsecured revolving credit facility expiring Dec 2026
--------------------------------------------------------------------------------

- Facility size: $3.0 billion unsecured, matures December 4, 2026, with option to extend as term loans to Dec 2027.
- Pricing based on credit ratings: Term SOFR margin ranges 0.585%–1.085% per annum; facility fee 0.04%.
- No borrowings were made at closing; facility supports general corporate purposes including commercial paper backstop.
- Lenders include JPMorgan, Citibank, Crédit Agricole, Mizuho, Wells Fargo; BofA serves as administrative agent.
- Customary covenants, representations, and events of default; includes a $300M judgment threshold for acceleration.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/936468/000119312525312904/0001193125-25-312904-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/936468/000119312525312904/d28654d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-312904

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer