Lockheed Martin (LMT) Proxy filing summary
Event summary combining transcript, slides, and related documents.
Proxy filing summary
26 Mar, 2026Executive summary
Annual meeting scheduled for May 12, 2026, at 9:00 a.m. ET, to be held virtually.
Proxy materials and annual report are available online, with options for electronic or paper delivery.
Voting is encouraged for all shareholders, including savings plan participants, with clear instructions provided.
Voting matters and shareholder proposals
Election of nine directors is up for vote, with the board recommending approval of all nominees.
Advisory vote on executive compensation (say-on-pay) and ratification of Ernst & Young as independent auditors are recommended for approval.
A shareholder proposal requiring an independent board chairman is recommended against by the board.
Board of directors and corporate governance
Nine director nominees are listed for election at the annual meeting.
Board provides recommendations on all proposals, including opposition to the independent chairman proposal.
Latest events from Lockheed Martin
- Q2 2026 sales up 10–11%, net earnings $1.8B, backlog $230B+, and guidance raised.LMT
Q2 2026 - Focus on efficiency, digital transformation, and enduring value of manned platforms for deterrence.LMT
Citi’s 2025 Global Industrial Tech and Mobility Conference - $75B sales, record backlog, and growth in hypersonics and AI-enabled defense systems.LMT
Corporate presentation - Missiles and Fire Control and space segments drive growth, supported by innovation and global partnerships.LMT
Bernstein 42nd Annual Strategic Decisions Conference - Director elections, executive pay, and auditor ratification passed; governance proposal failed.LMT
AGM 2026 - Q1 2026 sales steady at $18B; profit and cash flow down, but backlog and defense demand remain strong.LMT
Q1 2026 - Q3 2025 saw strong sales, record backlog, and raised guidance amid ongoing risk factors.LMT
Q3 2025 - Digital transformation and global expansion drive growth amid budget and supply chain risks.LMT
J.P. Morgan Industrials Conference 2025 - Record $176B backlog and 5% sales growth set up strong 2025 outlook despite $2B in charges.LMT
Q4 2024