Lockheed Martin Corp. (LMT) is one of the U.S. government’s largest contractors. Its biggest customer is the Department of Defense which buys weapons, aircraft, and logistical support. Among Lockheed's products are the F-35 Lightning II fighter, Sikorsky helicopters, and the Aegis naval weapons system. The company also provides data services and space technology to the civilian sector.

The top shareholders of 澳洲幸运5官方开奖结果体彩网:Lockheed Martin are James Taiclet, David B. Burritt, Jamꦦes Ellis Jr., Scott Greene, State Street Corp., Vanguard Group Inc., and BlackRock Inc.

Lockheed Martin engages in research, design, development, and manufacturing as a 澳洲幸运5官方开奖结果体彩网:global defense and aero✱space company. It also provides a variety of other services. The company operates across five primary business segments: Aeronautics, Electronics Systems, Space Systems, Integrated Systems & Solutions, and Information & Technology Services.

The company generated $71.06 billion of revenue and net income of $8.3 billion over a trailing 12-month period as of July 2024 with a market capitalization of $125.76 billion.

Top 3 Individual Insider Shareholders

The shares owned by individual insider shareholders are those that are held through direct ownership. Shares mentioned in this section don't include shares held indirectly or shares that are accessible through stock options.

Company insiders must file an 澳洲幸运5官方开奖结果体彩网:SEC Form 4 whenever they buy or sell an amoun💧t of the company's stock that is deemed to be material.

James D. Taiclet

James Taiclet has 82,596 shares of Lockheed Martin common stock, according to the company's 2024 proxy statement. Taiclet is the president, CEO, and board chairman of Lockheed Martin, having succeeded Marillyn Hewson in 2021. He's been on the board of directors since 2018.

Taiclet was the CEO, president, and board chair of American Tower Corporation, a REIT that invests in communications real estate, before joining Lockheed. He's also served as president of AlliedSignal and a vice president at Pratt & Whitney, both companies involved in aerospace design. He's a board member of the Council on Foreign Relations.

David B. Burritt

David B. Burritt holds 28,542 shares of the company, according to Lockheed Martin's 2024 proxy statement. Burritt was elected by stockholders to the Lockheed Martin board of directors in April 2008.

Burritt served as Caterpillar Inc.'s chief financial officer until 2010 before moving on to United States Steel Corporation (U.S. Steel) in 2013. Burritt's roles with U.S. Steel include president and chief operating officer, chief financial officer, and executive vice president.

James Ellis, Jr.

James O. Ellis has 22,978 shares of Lockheed Martin common stock, according to the company's 2024 proxy statement. Ellis has served o🦹n the board of Lockheed Martin since 2004.

Ellis had a military career before joining Lockheed, having served in the Navy for 39 years. Admiral Ellis commanded the U.S.S. Abraham Lincoln and directed allied forces in southern Europe. Ellis has also served as president and CEO of the Institute of Nuclear Power Operations and as a presidential appointee of the Intelligence Advisory Board and the National Space Council.

Top 3 Institutional Shareholders

澳洲幸运5官方开奖结果体彩网:Institutional investors hold the majority of Lockheed Martin shares at about 74.19% of total shares outstanding.

State Street Corp. 

State Street owns 36.33 million shares of Lockheed Martin as of July 2024, representing 15.24% of total shares outstanding.

State Street manages a broad range of assets for clients, including mutual funds, ETFs, and other investments. It has $4.1 trillion in AUM. The SPDR S&P Kensho Final Frontiers ETF (ROKT) tracks an index of companies involved in space and deep sea exploration and holds Lockheed Martin. Lockheed Martin represents 4.02% of the fund's holdings.

Vanguard Group Inc. 

Vanguard Group owns 21.56 million shares of Lockheed Martin as of July 2024, representing 9.04% of total shares outstanding.

The company is primarily a mutual fund and ETF management company with about $8 trillion in global AUM. The Vanguard Industrials ETF (VIS) tracks a market-cap-weighted index of industrial companies and owns Lockheed Martin. Lockheed Martin makes up about 2.7% of the fund's portfolio.

BlackRock Inc.

BlackRock owns 18.56 million shares of Lockheed Martin as of July 2024, representing 7.79% of total shares outstanding.

The company is primarily a mutual fund and ETF management company with approximately $10.5 trillion in AUM. The iShares U.S. Aerospace & Defense ETF (ITA), which tracks a market-cap-weighted index of U.S. airplane and defense equipment manufacturers, assemblers, and distributors, owns Lockheed Martin. Lockheed Martin is the third-largest holding at about 12.8% of the fund's portfolio.

The Bottom Line

Lockheed Martin is a leading producer of military aircraft and defense systems with a total valuation of over $100 billion. Some company insiders have significant stakes in the company but the biggest shareholders are institutions like BlackRock and Vanguard.