Lockheed Martin vs BAE Systems
[Prime Contractor] LMT
Lockheed Martin
World's largest defence contractor, specializing in aerospace, defence, arms, security, and advanced technologies. Known for the F-35 Lightning II, F-22 Raptor, and numerous missile systems.
Full profile[Prime Contractor] BA.
BAE Systems
British multinational defence, security, and aerospace company. One of the world's largest defence contractors.
Full profileSide by Side
| Field | Lockheed Martin | BAE Systems |
|---|---|---|
| Headquarters | Bethesda, Maryland, USA | London, United Kingdom |
| Country | United States | United Kingdom |
| Founded | 1995 | 1999 |
| Type | Prime Contractor | Prime Contractor |
| Parent company | — | — |
| Employees | 116,000+ | 93,100+ |
| Revenue | $67.6 billion (2023) | £25.3 billion (2023) |
| Listed | NYSE: LMT | LSE: BA. |
| Website | lockheedmartin.com (opens in a new tab) | baesystems.com (opens in a new tab) |
Scale
Bars are relative to the larger company. Revenue in other currencies is converted to US dollars at approximate average rates, for comparison only.
Revenue
Lockheed Martin$67.6 billion (2023)
BAE Systems£25.3 billion (2023)
Employees
Lockheed Martin116,000+
BAE Systems93,100+
Focus Areas
Both
Only Lockheed Martin
Only BAE Systems
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