secwatch / observer

LOCKHEED MARTIN CORP — fact timeline

Source-grounded facts extracted from LOCKHEED MARTIN CORP's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

LMT LOCKHEED MARTIN CORP JSON
Shareholder Votes

LOCKHEED MARTIN CORP shareholders rejected Stockholder Proposal Requiring Independent Board Chairman at the 2026-05-12 meeting.

“Proposal 4 - Stockholder Proposal Requiring Independent Board Chairman Stockholders did not approve Proposal 4. Votes For Votes Against Abstentions Broker Non-Votes 57,816,372 103,555,181 3,056,778 34,716,076”
Shareholder Votes

LOCKHEED MARTIN CORP shareholders approved Ratification of the Appointment of Ernst & Young LLP as our Independent Auditors for 2026 at the 2026-05-12 meeting.

“Proposal 3 - Ratification of the Appointment of Ernst & Young LLP as our Independent Auditors for 2026 Stockholders approved Proposal 3. Votes For Votes Against Abstentions 189,689,064 7,551,414 1,903,929”
Shareholder Votes

LOCKHEED MARTIN CORP shareholders approved Advisory Vote to Approve the Compensation of our Named Executive Officers (Say-on-Pay) at the 2026-05-12 meeting.

“Proposal 2 - Advisory Vote to Approve the Compensation of our Named Executive Officers (Say-on-Pay) Stockholders approved Proposal 2. Votes For Votes Against Abstentions Broker Non-Votes 148,179,585 13,335,167 2,913,579 34,716,076”
Shareholder Votes

LOCKHEED MARTIN CORP shareholders approved Election of Directors at the 2026-05-12 meeting.

“Proposal 1 - Election of Directors Stockholders elected 9 individuals to the Board of Directors of the Company to serve as directors until the Annual Meeting of Stockholders in 2027 and until their successors have been duly elected and qualified: Votes For Votes Against Abstentions Broker Non-Votes John C. Aquilino 158,633,512 2,768,218 3,026,600 34,716,076 David B. Burritt 155,384,755 5,997,750 3,045,825 34,716,076 John M. Donovan 156,636,466 4,686,651 3,105,194 34,716,076 Thomas J. Falk 143,012,071 18,276,054 3,140,206 34,716,076 Vicki A. Hollub 156,950,329 4,439,479 3,038,523 34,716,076 Debra L. Reed-Klages 155,591,810 5,798,855 3,037,666 34,716,076 James D. Taiclet 153,909,672 8,128,238 2,390,402 34,716,076 Heather A, Wilson 158,393,008 3,083,791 2,951,532 34,716,076 Patricia E. Yarrington 157,785,232 3,650,499 2,992,600 34,716,076”
Earnings Releases

LOCKHEED MARTIN CORP reported the quarter ended March 29, 2026 results: revenue $18.0 billion, net income $1.5 billion, or $6.44 per share. Guidance reaffirmed.

“successfully completes historic mission around the moon • Lockheed Martin and Department of War sign multiyear framework agreements to increase munitions production • Sales of $18.0 billion • Net earnings of $1.5 billion, or $6.44 per share • Cash from operations of $220 million and free cash flow of $(291) million • Reaffirms 2026 financial outlook BETHESDA, Md.,”
Material Agreements

LOCKHEED MARTIN CORP entered into 364-Day Revolving Credit Agreement with the lenders listed therein valued at $3.0 billion (effective 2025-12-05).

“On December 5, 2025, Lockheed Martin Corporation (the “Company”) entered into a new 364-Day Revolving Credit Agreement (the “364-Day Revolving Credit Agreement”), among the Company, as borrower, the lenders listed therein (the “Lenders”), JPMorgan Chase Bank, N.A., as syndication agent, Citibank, N.A., Crédit Agricole Corporate and Investment Bank, Mizuho Bank, Ltd. and Wells Fargo Bank, National Association, as documentation agents, and Bank of America, N.A. (“BofA”), as administrative agent. The 364-Day Revolving Credit Agreement consists of a $3.0 billion 364-day unsecured revolving credit facility.”

Evan T. Scott was appointed as Chief Financial Officer at LOCKHEED MARTIN CORP.

“Evan T. Scott has been appointed Chief Financial Officer to replace Mr. Malave effective April 17, 2025.”

Jay Malave departed as Chief Financial Officer at LOCKHEED MARTIN CORP.

“Jay Malave, its Chief Financial Officer, advised the Company of his intention to pursue other opportunities outside of the Company.”

Jeh C. Johnson departed as Director at LOCKHEED MARTIN CORP.

“On November 13, 2024, Jeh C. Johnson notified the Board of Directors of Lockheed Martin Corporation (the “Company”) that he was resigning from the Board of Directors, effective November 13, 2024.”

Ilene S. Gordon resigned as Director at LOCKHEED MARTIN CORP.

“On May 21, 2024, Ilene S. Gordon notified the Board of Directors of Lockheed Martin Corporation (the “Company”) that she was resigning from the Board of Directors, effective May 24, 2024.”

Heather Wilson was elected as director at LOCKHEED MARTIN CORP.

“On May 21, 2024, the Board of Directors of Lockheed Martin Corporation (the “Company”) elected Dr. Heather Wilson as a director of the Company, effective May 22, 2024.”
Shareholder Votes

LOCKHEED MARTIN CORP shareholders rejected Stockholder Proposal Requesting Reduction in Threshold to Call Special Stockholder Meetings at the 2024-05-02 meeting.

“Proposal 6 - Stockholder Proposal Requesting Reduction in Threshold to Call Special Stockholder Meetings Stockholders did not approve Proposal 6.”
Shareholder Votes

LOCKHEED MARTIN CORP shareholders rejected Stockholder Proposal Requesting a Report on Reducing Full Value Chain GHG Emissions at the 2024-05-02 meeting.

“Proposal 5 - Stockholder Proposal Requesting a Report on Reducing Full Value Chain GHG Emissions Stockholders did not approve Proposal 5.”
Shareholder Votes

LOCKHEED MARTIN CORP shareholders rejected Stockholder Proposal Requesting a Report on Alignment of Political Activities with Human Rights Policy at the 2024-05-02 meeting.

“Proposal 4 - Stockholder Proposal Requesting a Report on Alignment of Political Activities with Human Rights Policy Stockholders did not approve Proposal 4.”
Shareholder Votes

LOCKHEED MARTIN CORP shareholders approved Ratification of the Appointment of Ernst & Young LLP as our Independent Auditors for 2024 at the 2024-05-02 meeting.

“Proposal 3 - Ratification of the Appointment of Ernst & Young LLP as our Independent Auditors for 2024 Stockholders approved Proposal 3.”
Shareholder Votes

LOCKHEED MARTIN CORP shareholders approved Advisory Vote to Approve the Compensation of our Named Executive Officers (Say-on-Pay) at the 2024-05-02 meeting.

“Proposal 2 - Advisory Vote to Approve the Compensation of our Named Executive Officers (Say-on-Pay) Stockholders approved Proposal 2.”
Shareholder Votes

LOCKHEED MARTIN CORP shareholders approved Election of Directors at the 2024-05-02 meeting.

“Stockholders elected 11 individuals to the Board of Directors of the Company to serve as directors until the Annual Meeting of Stockholders in 2025 and until their successors have been duly elected and qualified:”
Earnings Releases

LOCKHEED MARTIN CORP reported the quarter and year ended December 31, 2023 results: revenue $18.9 billion, net income $1.9 billion, EPS $7.58 per share.

“Net sales of $18.9 billion in the fourth quarter and $67.6 billion in 2023 • Net earnings of $1.9 billion, or $7.58 per share in the fourth quarter; $6.9 billion, or $27.55 per share in 2023”
Earnings Releases

LOCKHEED MARTIN CORP reported the quarter ended September 24, 2023 results: revenue $16.9 billion, net income $1.7 billion, EPS $6.73 per share. Guidance reaffirmed.

“in any filing under the Securities Act of 1933, as amended. --- EX-99.1 (EX-99.1) --- News Release Lockheed Martin Reports Third Quarter 2023 Financial Results • Net sales of $16.9 billion, an increase of 2% year-over-year • Net earnings of $1.7 billion, or $6.73 per share • Cash from operations of $2.9 billion and free cash flow of $2.5 billion • $2.5 billion of”
Material Agreements

LOCKHEED MARTIN CORP amended Extension Agreement with the lenders listed therein, JPMorgan Chase Bank, N.A., as syndication agent, Citibank, N.A., Crédit Agricole Corporate and Investment Bank, Mizuho Bank, Ltd. and Wells Fargo Bank, National Association, as documentation agents, and Bank of America, N.A., as administrative agent (effective 2023-08-24).

“Effective August 24, 2023, Lockheed Martin Corporation (the “Company”) entered into an Extension Agreement (the “Amendment”) to its $3.0 billion Revolving Credit Agreement, dated as of August 24, 2022, among the Company, as borrower, the lenders listed therein (the “Lenders”), JPMorgan Chase Bank, N.A., as syndication agent, Citibank, N.A., Crédit Agricole Corporate and Investment Bank, Mizuho Bank, Ltd. and Wells Fargo Bank, National Association, as documentation agents, and Bank of America, N.A., as administrative agent (the “Credit Agreement”).”
Earnings Releases

LOCKHEED MARTIN CORP reported the quarter ended June 25, 2023 results: revenue $16.7 billion, net income $1.7 billion, EPS $6.63 per share. Guidance raised.

“Lockheed Martin Corporation [NYSE: LMT] today reported second quarter 2023 net sales of $16.7 billion, compared to $15.4 billion in the second quarter of 2022. Net earnings in the second quarter of 2023 were $1.7 billion, or $6.63 per share, compared to $309 million, or $1.16 per share, in the second quarter of 2022.”
Shareholder Votes

LOCKHEED MARTIN CORP shareholders rejected Stockholder proposal to issue a report on intention to reduce full value chain GHG emissions at the 2023-04-27 meeting.

“Proposal 7 - Stockholder Proposal to Issue a Report on the Company's Intention to Reduce Full Value Chain GHG Emissions Rejected a stockholder proposal requesting that the Board issue a report on the Company’s intention to reduce full value chain GHG emissions.”
Shareholder Votes

LOCKHEED MARTIN CORP shareholders rejected Stockholder proposal to issue a human rights impact assessment report at the 2023-04-27 meeting.

“Proposal 6 - Stockholder Proposal to Issue a Human Rights Impact Assessment Report Rejected a stockholder proposal requesting that the Company issue a human rights impact assessment report.”
Shareholder Votes

LOCKHEED MARTIN CORP shareholders rejected Stockholder proposal requiring independent board chairman at the 2023-04-27 meeting.

“Proposal 5 - Stockholder Proposal Requiring Independent Board Chairman Rejected a stockholder proposal requiring an independent board chairman.”
Shareholder Votes

LOCKHEED MARTIN CORP shareholders approved Ratification of Ernst & Young LLP as independent auditors for 2023 at the 2023-04-27 meeting.

“Proposal 4 - Ratification of Appointment of Independent Auditors Ratified the appointment of Ernst & Young LLP as the Company’s independent auditors for the year ending December 31, 2023.”
Shareholder Votes

LOCKHEED MARTIN CORP shareholders approved Advisory vote on frequency of holding say-on-pay votes at the 2023-04-27 meeting.

“Proposal 3 - Advisory Vote on the Frequency of Holding Votes on Say-on-Pay Approved, on an advisory basis (non-binding), a frequency period of one year (an annual vote) for future non-binding stockholder votes on the compensation of our named executive officers.”
Shareholder Votes

LOCKHEED MARTIN CORP shareholders approved Advisory vote to approve compensation of named executive officers at the 2023-04-27 meeting.

“Proposal 2 - Advisory Vote to Approve the Compensation of our Named Executive Officers (Say-on-Pay) Approved, on an advisory basis (non-binding), the compensation of our named executive officers as described in detail in the Compensation Discussion and Analysis and the accompanying tables in our 2023 proxy statement.”
Shareholder Votes

LOCKHEED MARTIN CORP shareholders approved Election of 13 directors to serve until the 2024 Annual Meeting at the 2023-04-27 meeting.

“Proposal 1 - Election of Directors Elected the following 13 individuals to the Board of Directors”
Earnings Releases

LOCKHEED MARTIN CORP reported the quarter ended March 26, 2023 results: revenue $15.1 billion, net income $1.7 billion, EPS $6.61 per share. Guidance reaffirmed.

“in any filing under the Securities Act of 1933, as amended. --- EX-99.1 (EX-99.1) --- News Release Lockheed Martin Reports First Quarter 2023 Financial Results • Net sales of $15.1 billion • Net earnings of $1.7 billion, or $6.61 per share, inclusive of non-operational gains of $44 million, or $0.18 per share • Cash from operations of $1.6 billion and free cash”
Governance Changes

LOCKHEED MARTIN CORP: Amended and restated bylaws to address universal proxy rules, increase board size from 14 to 15, and update lead director responsibilities (effective 2023-02-22).

“On February 22, 2023, the Board of Directors of Lockheed Martin Corporation (“Lockheed Martin” or the “Company”) amended and restated the Company’s Bylaws, effective immediately.”
Earnings Releases

LOCKHEED MARTIN CORP reported the year ended December 31, 2022 results: revenue $66.0 billion, net income $5.7 billion, or $21.66 per share, EPS $21.66 per share. Guidance initiated.

“Net sales in 2022 were $66.0 billion, compared to $67.0 billion in 2021. Net earnings in 2022 were $5.7 billion, or $21.66 per share”
Earnings Releases

LOCKHEED MARTIN CORP reported the quarter ended December 31, 2022 results: revenue $19.0 billion, net income Net earnings of $1.9 billion, or $7.40 per share, EPS $7.40 per share. Guidance initiated.

“Lockheed Martin Corporation [NYSE: LMT] today reported fourth quarter 2022 net sales of $19.0 billion, compared to $17.7 billion in the fourth quarter of 2021. Net earnings in the fourth quarter of 2022 were $1.9 billion, or $7.40 per share”

Vincent R. Stewart resigned as Director at LOCKHEED MARTIN CORP.

“Due to a change in his external job responsibilities, on December 20, 2022, Vincent R. Stewart provided notice that he was resigning from the board of directors of Lockheed Martin Corporation, effective January 1, 2023.”

Vincent R. Stewart was elected as Director at LOCKHEED MARTIN CORP.

“On July 7, 2022, the Board of Directors of Lockheed Martin Corporation (“Lockheed Martin” or the “Company”) elected Vincent R. Stewart as a director of the Company, effective July 15, 2022.”

Evan T. Scott was appointed as Vice President and Treasurer at LOCKHEED MARTIN CORP.

“On June 3, 2022, the Board also elected Evan T. Scott, currently the Company’s Vice President and Assistant Treasurer, to succeed Mr. Mollard as Vice President and Treasurer, effective June 6, 2022.”

H. Edward Paul, III was appointed as Vice President and Controller at LOCKHEED MARTIN CORP.

“On June 3, 2022, the Board of Directors (the “Board”) of the Company elected H. Edward Paul, III, currently the Company’s Vice President, Accounting, to succeed Mr. Colan as Vice President and Controller, effective June 6, 2022.”

Brian P. Colan retired as Vice President and Controller at LOCKHEED MARTIN CORP.

“Mr. Colan will step down as Vice President and Controller on June 6, 2022, and will remain as a strategic advisor to assist in the transition through October 2022.”

John W. Mollard retired as Vice President and Treasurer at LOCKHEED MARTIN CORP.

“Mr. Mollard will step down as Vice President and Treasurer on June 6, 2022, and will remain as a strategic advisor to assist in the transition through December 2022.”

John. W. Mollard changed role as Vice President and Treasurer at LOCKHEED MARTIN CORP.

“John. W. Mollard, who has been serving as acting Chief Financial Officer on an interim basis and will continue as Vice President and Treasurer.”

Jesus (Jay) Malave, Jr. was elected as Chief Financial Officer at LOCKHEED MARTIN CORP.

“elected Jesus (Jay) Malave, Jr. (age 53) as Chief Financial Officer, effective January 31, 2022.”

John M. Donovan was elected as Director at LOCKHEED MARTIN CORP.

“On October 21, 2021, the Board of Directors of Lockheed Martin Corporation (“Lockheed Martin” or the “Corporation”) elected John M. Donovan as a director of the Corporation.”

Richard F. Ambrose departed as Executive Vice President of the Corporation’s Space business segment at LOCKHEED MARTIN CORP.

“On October 7, 2021, Lockheed Martin Corporation (“Lockheed Martin” or the “Corporation”) announced that Richard F. Ambrose, Executive Vice President of the Corporation’s Space business segment, has decided to retire from the Corporation on March 1, 2022.”

John W. Mollard was appointed as acting Chief Financial Officer at LOCKHEED MARTIN CORP.

“On August 3, 2021, John W. Mollard was appointed acting Chief Financial Officer on an interim basis until the Company appoints a permanent replacement.”

Kenneth R. Possenriede retired as Chief Financial Officer at LOCKHEED MARTIN CORP.

“On August 3, 2021, Kenneth R. Possenriede, Chief Financial Officer, notified Lockheed Martin Corporation (“Lockheed Martin” or the “Company”) of his decision to retire immediately.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.