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LMT

Who Lockheed Martin buys from and sells to

Largest US defence prime: builds the F-35, missiles, helicopters and space systems, mostly for the Pentagon.

Part of Defence and Rearmament spending

Sells to 3

  • US Department of DefenseF-35, missiles, Black Hawks, hypersonics72% of 2025 sales from US government, 63% from DoW (FY2025 10-K)
  • Foreign governmentsF-35 and PAC-3 exports, mostly via Foreign Military Sales
  • NASAOrion crew capsule for Artemis

Where the chain could break

  • F-35 alone was 27% of 2025 sales (FY2025 10-K); one program's lot timing swings the year
  • US government 72% of sales: budget continuing resolutions and fixed-price overruns hit directly
  • Solid rocket motors for interceptors come from two US sources (L3Harris/Aerojet, Northrop)

Competes with

Mapped by hand from filings and company reporting, as of October 2026. It shows the relationships that matter most, not every contract: most are never disclosed, and agreements change.

Sources (2)