Kevin JohnsonLockheed Martin is a security and aerospace giant with a global presence that has been in business for over a century. It is the largest defense contractor globally and a supplier to the United States government. It has headquarters in Bethesda, Maryland, and employs over 110,000 people in more than 400 locations worldwide [1].
Lockheed Martin is known for its innovative products and services. It is a leader in advanced technologies covering aerospace, defense, and security applications. Lockheed products include satellites, missiles, aircraft, and submarines [2].
Lockheed Martin also supports the government in space exploration, cyber security, and homeland security. It is committed to creating innovative solutions to complex global challenges. Lockheed has commitments to protecting the environment and advancing the well-being of humanity [3].
List of the Top Lockheed Martin Competitors
1. Boeing
Year founded: 1916
Headquarter: Illinois, United States
Boeing is an American aerospace organization that designs, constructs, and sells rockets, airplanes, satellites, and other high tech equipment. It is the largest aerospace company in the world and one of the largest defense contractors in the United States [4].
Boeing has been a leader in aviation for over 100 years, developing and producing some of the most iconic aircraft in United States history, from the B-17 Flying Fortress to the 747 Jumbo jet. Boeing’s advanced aeronautics, space exploration, and communication technologies and its research and development consistently push the boundaries of what’s possible [5].
2. Northrop Grumman
Year founded: 1939
Headquarter: Virginia, United States
Northrop Grumman is a US defense and aerospace giant headquartered in Falls Church, Virginia. It is a leader in global security hardware that provides innovative systems, products, and solutions in areas like autonomous systems, space, logistics, cyber, strike, and modernization [6].
Northrop Grumman is one of the world’s largest defense contractors and has a long history of delivering cutting-edge products and services to customers worldwide. It also has extensive experience providing advanced aerospace and defense technologies to the United States Department of Defense and other government customers [7].
3. General Dynamics
Year founded: 1952
Headquarter: Virginia, United States
General Dynamics is a leading aerospace and defense company that manufactures products and services for military, government, and commercial customers. It is one of the biggest defense contractors on the planet. It provides products and services ranging from aircraft and shipbuilding to information technology and network systems [8].
The company also produces weapons, military vehicles, and other defense products. Its products and services have several applications, from combat operations to intelligence gathering. General Dynamics has a long history of innovation and has become a leader in the global defense industry [9].
4. Raytheon
Year founded: 1922
Headquarter: Massachusetts, United States
Raytheon is a Unites States-based defense contractor and industrial establishment specializing in commercial and military electronics. Founded in 1922, it provides products and services for government and commercial customers worldwide. Its core products include radar, missile defense systems, precision weapons, military and commercial electronics, and cybersecurity solutions [10].
Raytheon is one of the biggest defense contractors worldwide. It has involvement in numerous projects for the US Defense Department and other federal agencies. Raytheon leads the aerospace and defense industry and continues to innovate and develop products for the world’s most challenging applications [11].
5. Airbus
Year founded: 1970
Headquarter: Toulouse, France
Airbus is a leading aerospace manufacturer and one of the world’s largest aircraft manufacturers. It designs, manufactures, and services commercial and military aircraft, helicopters, satellites, and related products. It was founded in 1870 having headquarters in Toulouse, France. Airbus has become a leader in the aviation industry, having delivered over 11,000 aircraft since its inception [12].
Its aircraft are utilized by more than 500 airlines in over 150 countries. It makes it one of the most popular aircraft makers in the world. Airbus has products such as its A320 single-aisle plane and the A380, the world’s largest passenger jet [13].
6. United Technologies
Year founded: 1934
Headquarter: Connecticut, United States
United Technologies (UTC) is a global technology and manufacturing company. They provide innovative products and services in the aerospace, building, and industrial products. UTC also focuses on energy efficiency and sustainability [14].
They produce products for residential and commercial buildings, such as air conditioning systems, elevators, and fire and security systems. UTC is dedicated to creating a secure future for its employees, customers, and communities. They strive to create a safe and healthy environment while providing innovative solutions through their products and services [15].
7. Textron
Year founded: 1923
Headquarter: Rhode Island, USA
Textron Inc. is an American industrial corporation situated in Providence, Rhode Island. It is a multinational aerospace, defense, and industrial manufacturing company operating in 25 countries [16].
Textron is best known for its Bell Helicopter and Cessna Aircraft brands. Its industrial products include E-Z-GO golf carts, Jacobsen turf care equipment, and Greenlee tools. Textron has been around for over 90 years, and its products have various applications, from civilian and military aviation to industrial production [17].
8. Bae Systems
Year founded: 1999
Headquarter: London, England, United Kingdom
BAE Systems is an aerospace, defense and security company with a worldwide influence. It designs, manufactures, and supports military aircraft, vessels, missiles, weapons, and vehicles providing IT services, training, and cyber security solutions [18].
Bae Systems operate in the UK, US, Europe, and the Middle East. This company is one of the biggest defense contractors on the planet. Its products help protect people and nations, enabling them to go further, faster, and stay safer [19].
9. L3Harris Technologies
Year founded: 2019
Headquarter: Florida, United States
L3Harris Technologies is an international defense and aerospace technology innovator, delivering mission-critical solutions for customers worldwide. Its products and services include integrated systems, communications, and cybersecurity solutions, advanced space and intelligence systems, and a wide range of mission-critical products and services [20].
L3Harris Technologies is committed to providing reliable, cost-effective, and innovative solutions to meet the demands of today’s ever-changing security landscape [21].
10. Thales Group
Year founded: 1872
Headquarter: Paris, France
Thales Group is a French multinational company specializing in defense, aerospace, transportation, and security solutions. The company is present in over 50 countries and employs over 83,000 people worldwide [22].
Thales Group products and services range from aerospace, defense, and transportation solutions to security systems, communication systems, and space technologies. Thales Group is known for innovative and reliable solutions to its customers [23].
11. Saab AB
Year founded: 1937
Headquarter: Stockholm, Sweden
Saab AB is a defense and aerospace company in Sweden. Founded in 1937, the company specializes in everything from design to support of aircraft, weapon systems, military technology, and other related products [24].
Saab AB is present in over 30 countries and provides products and services to customers worldwide. Its products range from combat aircraft and pilotless aerial vehicles to advanced radar and missile systems. Saab also gives training, support, and maintenance services [25].
12. Leonardo S.p.A.
Year founded: 1948
Headquarter: Rome, Italy
Leonardo S.p.A is an Italy-based company that manufactures and designs products ranging from aerospace, defense, and security to energy and transportation. It offers services like engineering, production, and maintenance [26].
The company has a strong presence in several countries, including the US, France, the UK, and Italy. Leonardo is a major player in the global market and is committed to providing innovative solutions to customers [27].
Bottom Line
Lockheed Martin faces stiff competition from other major defense contractors. Despite the presence of these competitors, Lockheed Martin has managed to remain one of the most successful defense contractors in the world.
References & more information
- LOCKHEED MARTIN, About Us
- LOCKHEED MARTIN, Advanced Technologies
- LOCKHEED MARTIN, Lockheed Martin Media Day
- BOEING, General Information
- BOEING, BOEING History
- NORTHROP GRUMMAN, Home
- NORTHROP GRUMMAN, Advanced Technology, and Innovation
- GENERAL DYNAMICS, About GD
- GENERAL DYNAMICS, Our History
- Raytheon Missiles & Defense, Missile defense now and into the future
- Raytheon Technologies, Home
- AIRBUS, Our History
- AIRBUS, A320 Family
- United Technologies, Research Paper
- Devex, United Technologies
- TEXTRON, Global Reach
- com, TEXTRON
- BAE SYSTEMS, Home
- BAE SYSTEMS, About us
- L3HARRIS, SERVING UAE CUSTOMERS FOR MORE THAN 35 YEARS
- L3HARRIS, STEP FORWARD WITH US
- DBpedia, Thales Group
- THALES, Building a Future We can Trust
- SAAB, About | History
- SAAB, Organization | Company in Brief
- LEONARDO, Home
- LEONARDO, Our History
- Featured image by John Torcasio
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