Recipients › Texas › Lockheed Martin Corporation
Recipient organisation · UEI XFJMYSYFJEK4
Lockheed Martin Corporation
- Corporation
USAspending caveat. Figures are obligations reported by federal agencies to USAspending.gov, not payments. In USAspending's words: "An outlay occurs when federal money is actually paid out, not just promised to be paid ('obligated')." "Every agency has a Senior Accountable Official who must officially certify that the quarterly financial data submitted by their agency is accurate and complete." "If there are any discrepancies in procurement data, FPDS is the authoritative source." Contract data for the Department of Defense and the U.S. Army Corps of Engineers is published with a 90-day delay. Data loaded 30 Sep 2026. View the USAspending recipient profile.
Lockheed Martin Corporation, of Grand Prairie, TX, was obligated $48B in federal awards across the 5 fiscal years in which it reached the $1.0M listing floor (2022, 2023, 2024, 2025, 2026).
In FY2025, the most recent complete fiscal year, obligations were $10B, of which $10B (100%) came through contracts; FY2026 to date stands at $14B.
That is up 44% on FY2024 ($7.3B).
Lockheed Martin Corporation ranks 4 of 1,513 listed organisations located in TX by five-year obligations, and 32 of 30,000 nationally.
Its $1.0M-plus awards since FY2022 came from Department of Defense: 249 awards worth $50B in total award value.
Its largest contract industry is NAICS 336414 (Guided Missile and Space Vehicle Manufacturing), where it ranks 1 of 61 organisations by the value of $1.0M-plus awards.
Obligations by fiscal year contracts vs assistance
| Fiscal year | All obligations | Contracts | Assistance | Change |
|---|---|---|---|---|
| FY2022 | $7,066,100,341 | $7,066,100,341 | $0 | — |
| FY2023 | $8,704,271,340 | $8,704,271,340 | $0 | +23% |
| FY2024 | $7,250,485,020 | $7,250,485,020 | $0 | -17% |
| FY2025 | $10,420,319,268 | $10,420,319,268 | $0 | +44% |
| FY2026 to date | $14,129,739,498 | $12,658,262,841 | $1,471,476,657 | +36% |
A fiscal year runs 1 October to 30 September. "Contracts" are procurement award types A–D; "assistance" is everything else (grants, direct payments, loan subsidy cost, insurance, other). The contracts column is listed only where contract obligations alone reached $1.0M; the assistance figure is the remainder and may therefore include up to $1.0M of contracts.
Compared with its state and the largest recipients five listed years
| Measure | This organisation | Largest in TX | Largest nationally |
|---|---|---|---|
| Five-year obligations (listed years) | $48B | $232B | $510B |
| FY2025 obligations | $10B | $41B | $113B |
| Contracts, five years | $46B | under $1.0M | $111B |
| Assistance, five years | $1.5B | $232B | $510B |
| Rank by five-year obligations | 32 of 30,000 | 1 of 1,513 in TX | 1 |
Largest in state: Health & Human SVC COMMN TX. Largest nationally: Health Care Services, California Department of. Rankings count organisations located in the state, by the sum of their listed fiscal years.
Awarding agencies $1.0M+ awards since FY2022
| # | Agency | Awards | Award value | Share |
|---|---|---|---|---|
| 1 | Department of Defense | 249 | $50B | 100% |
Contract industries NAICS
Rank within NAICS 336414: 1 of 61 organisations by $1.0M+ award value; see Guided Missile and Space Vehicle Manufacturing.
Places of performance $1.0M+ awards
Counties: Dallas County, TX $50B · Tarrant County, TX $16M · Montgomery County, MD $14M · Arapahoe County, CO $3.3M
Largest awards begun since FY2022
| Awarding agency | Type | Industry or program | Award value | Begun | Place | Record |
|---|---|---|---|---|---|---|
| Department of DefenseDepartment of the Army | ContractDefinitive Contract | 336414 Guided Missile and Space Vehicle Manufacturing | $10B | 28 Jun 2024 | TX | USAspending |
| Department of DefenseDepartment of the Army | ContractDefinitive Contract | 336414 Guided Missile and Space Vehicle Manufacturing | $4.8B | 9 Apr 2026 | TX | USAspending |
| Department of DefenseDepartment of the Army | ContractDelivery Order | 336414 Guided Missile and Space Vehicle Manufacturing | $3.0B | 23 Jun 2025 | TX | USAspending |
| Department of DefenseDepartment of the Army | ContractDelivery Order | 336414 Guided Missile and Space Vehicle Manufacturing | $2.8B | 1 Jul 2024 | TX | USAspending |
| Department of DefenseDepartment of the Army | ContractDelivery Order | 336414 Guided Missile and Space Vehicle Manufacturing | $2.8B | 1 Jul 2024 | TX | USAspending |
| Department of DefenseDepartment of the Army | ContractDelivery Order | 336414 Guided Missile and Space Vehicle Manufacturing | $2.5B | 31 Oct 2022 | TX | USAspending |
| Department of DefenseDepartment of the Army | ContractDelivery Order | 336414 Guided Missile and Space Vehicle Manufacturing | $2.5B | 31 Oct 2022 | TX | USAspending |
| Department of DefenseDepartment of the Army | ContractDelivery Order | 336414 Guided Missile and Space Vehicle Manufacturing | $1.6B | 21 Oct 2022 | TX | USAspending |
| Department of DefenseDepartment of the Army | ContractDelivery Order | 336414 Guided Missile and Space Vehicle Manufacturing | $1.6B | 21 Oct 2022 | TX | USAspending |
| Department of DefenseDepartment of the Army | ContractDelivery Order | 336414 Guided Missile and Space Vehicle Manufacturing | $1.4B | 23 Jun 2025 | TX | USAspending |
| Department of DefenseDepartment of the Army | ContractDelivery Order | 336414 Guided Missile and Space Vehicle Manufacturing | $1.0B | 31 Mar 2022 | TX | USAspending |
| Department of DefenseDepartment of the Army | ContractDelivery Order | 336414 Guided Missile and Space Vehicle Manufacturing | $1.0B | 31 Mar 2022 | TX | USAspending |
Award value is the amount obligated to the award to date as USAspending reports it. Descriptions below are USAspending's text, unedited and truncated; those that appear to name a person are withheld.
- $10B, Department of Defense, 28 Jun 2024: EXECUTE PHASED ARRAY TRACKING RADAR TO INTERCEPT ON TARGET (PATRIOT) ADVANCED CAPABILITY-3 (PAC-3) MISSILE PRODUCTION BY PROVIDING INCIDENTAL SERVICES, HARDWARE
- $4.8B, Department of Defense, 9 Apr 2026: EXECUTE PHASED ARRAY TRACKING RADAR TO INTERCEPT ON TARGET (PATRIOT) ADVANCED CAPABILITY-3 (PAC-3) MISSILE PRODUCTION BY PROVIDING INCIDENTAL SERVICES, HARDWARE
- $3.0B, Department of Defense, 23 Jun 2025: GUIDED MULTIPLE LAUNCH ROCKET SYSTEM (GMLRS) AND LOW COST REDUCED RANGE PRACTICE ROCKET (LCRRPR) FY26 RATE PRODUCTION LOT 21 DELIVERY.
- $2.8B, Department of Defense, 1 Jul 2024: GUIDED MULTIPLE LAUNCH ROCKET SYSTEM (GMLRS) AND LOW COST REDUCED RANGE PRACTICE ROCKET (LCRRPR) FY25 FULL RATE PRODUCTION LOT 20 DELIVERY ORDER
- $2.8B, Department of Defense, 1 Jul 2024: GUIDED MULTIPLE LAUNCH ROCKET SYSTEM (GMLRS) AND LOW COST REDUCED RANGE PRACTICE ROCKET (LCRRPR) FY25 FULL RATE PRODUCTION LOT 20 DELIVERY ORDER
- $2.5B, Department of Defense, 31 Oct 2022: GUIDED MULTIPLE LAUNCH ROCKET SYSTEM (GMLRS) AND LOW COST REDUCED RANGE PRACTICE ROCKET (LCRRPR) FY24 FULL RATE PRODUCTION LOT 19 DELIVERY ORDER - UKRAINE
- $2.5B, Department of Defense, 31 Oct 2022: GUIDED MULTIPLE LAUNCH ROCKET SYSTEM (GMLRS) AND LOW COT REDUCED RANGE PRACTICE ROCKET (LCRRPR) FY24 FULL RATE PRODUCTION LOT 19 DELIVERY ORDER
- $1.6B, Department of Defense, 21 Oct 2022: GUIDED MULTIPLE LAUNCH ROCKET SYSTEM (GMLRS) AND LOW COST REDUCED RANGE PRACTICE ROCKET (LCRRPR) FY23 FULL RATE PRODUCTION LOT 18 DELIVERY ORDER
Questions and answers
How much federal money does Lockheed Martin Corporation receive?
$48B in award obligations over the fiscal years it is listed for (FY2022: $7.1B; FY2023: $8.7B; FY2024: $7.3B; FY2025: $10B; FY2026: $14B). Years not listed were under the $1.0M floor. Obligations are binding commitments, not payments made.
Which agencies award to Lockheed Martin Corporation?
By the value of $1.0M-plus awards begun since FY2022: Department of Defense ($50B).
What is the money for?
Contracts are classified under NAICS 336414 Guided Missile and Space Vehicle Manufacturing, NAICS 336413 Other Aircraft Parts and Auxiliary Equipment Manufacturing and NAICS 336419 Other Guided Missile and Space Vehicle Parts and Auxiliary Equipment Manufacturing.
Where is the work performed?
Primary places of performance for its larger awards: TX ($50B), MD ($14M) and CO ($3.3M).
Is Lockheed Martin Corporation a large federal recipient?
It ranks 32 of 30,000 organisations on this site by five-year obligations and 4 of 1,513 located in TX. The site covers organisations with at least $1.0M in a fiscal year; individuals are excluded.
Where does this data come from?
USAspending.gov (U.S. Treasury), award transactions as loaded on 30 Sep 2026; fiscal-year totals via the spending-by-category endpoint and award lists via the award search endpoint. The USAspending recipient profile is the authoritative record.
Provenance
Source: USAspending.gov API v2 (U.S. Department of the Treasury, Bureau of the Fiscal Service), CC0. Fiscal-year obligations from the spending-by-category recipient ranking by recipient state (listing floor $1.0M per year); awards from the award search endpoint (new awards of $1.0M or more by base obligation date); parent and business categories from the recipient profile where fetched. Closed fiscal years are snapshots taken after year end; FY2026 is refreshed on each build. Data loaded by USAspending on 30 Sep 2026. Individuals and sole proprietors are excluded at ingest. Errors in processing are corrected at the next build; see corrections and the methodology.