---
title: "Lockheed Martin: Competitors"
description: "Lockheed Martin compared with companies that share its SEC industry classification: revenue, growth and margins from SEC filings, and how peers are chosen."
canonical: https://www.getswoopr.com/stocks/companies/lockheed-martin/competitors/
source: "Swoopr Investment: https://www.getswoopr.com"
---

# Lockheed Martin: Competitors & Industry Structure

## Direct Answer

SEC EDGAR classifies Lockheed Martin under SIC code 3760 (Guided Missiles & Space Vehicles & Parts). Among Swoopr's S&P 500 Equal Weight companies, 6 others share that classification; by latest reported revenue, Lockheed Martin ranks 1 of 7. A filing classification is a starting point: a company's real competitors depend on its segments, which its 10-K describes.

## How Does Lockheed Martin Compare With Its Peers?

| Company | Revenue (latest FY) | Revenue growth | Operating margin | Net margin |
| --- | --- | --- | --- | --- |
| **Lockheed Martin (LMT)** | $75.0 billion FY2025 | 5.6% | 10.3% | 6.7% |
| [Kratos Defense & Security Solutions Inc. (KTOS)](https://www.getswoopr.com/stocks/companies/kratos-defense-and-security-solutions-inc/) | $1.3 billion FY2025 | 18.5% | 1.9% | 1.6% |
| [Rocket Lab (RKLB)](https://www.getswoopr.com/stocks/companies/rocket-lab/) | $602 million FY2025 | 38.0% | -38.0% | -32.9% |
| [Redwire Corporation (RDW)](https://www.getswoopr.com/stocks/companies/redwire-corporation/) | $335 million FY2025 | 10.3% | -68.5% | -67.6% |
| [Voyager Technologies Inc. (VOYG)](https://www.getswoopr.com/stocks/companies/voyager-technologies-inc/) | $166 million FY2025 | 15.4% | -65.2% | -63.0% |
| [Firefly Aerospace Inc. (FLY)](https://www.getswoopr.com/stocks/companies/firefly-aerospace-inc/) | $160 million FY2025 | 163.0% | -163.1% | -186.6% |
| [Momentus Inc. (MNTS)](https://www.getswoopr.com/stocks/companies/momentus-inc/) | $1 million FY2025 | -47.5% | -2455.4% | -2682.7% |

Revenue growth compares each company's latest fiscal year with the one before. Fiscal years do not always end on the same date, so treat close comparisons with care.

![Bar chart of operating margin for Lockheed Martin and 6 peers: Lockheed Martin (LMT) 10.3%, Kratos Defense & Security Solutions Inc. (KTOS) 1.9%, Rocket Lab (RKLB) -38.0%, Redwire Corporation (RDW) -68.5%, Voyager Technologies Inc. (VOYG) -65.2%, Firefly Aerospace Inc. (FLY) -163.1%, Momentus Inc. (MNTS) -2455.4%.](https://www.getswoopr.com/images/charts/lockheed-martin-competitors-peer-margins.webp)
*Operating margin of Lockheed Martin against companies sharing its SEC industry classification, from the table above. Select the chart to open it full size.*

## How Does Lockheed Martin Rank Among All SEC Filers in Its Industry Code?

7 companies with annual reports in Swoopr's SEC dataset share SIC code 3760 (Guided Missiles & Space Vehicles & Parts), a wider group than the S&P 500 Equal Weight companies above. Ranks run from 1 (highest) and use each company's latest fiscal year, in U.S. dollars.

| Measure | Lockheed Martin | Median of filers | Rank |
| --- | --- | --- | --- |
| Revenue | $75.0 billion | $335 million | 1 of 7 |
| Revenue growth | 5.6% | 15.4% | 6 of 7 |
| Operating margin | 10.3% | -65.2% | 1 of 7 |
| Net margin | 6.7% | -63.0% | 1 of 7 |

A SIC code reflects the filer's main business as the SEC records it, so the group mixes companies of very different size; the median is a better guide than the average, and a rank near the top by revenue says nothing about quality.

## Where These Numbers Come From

Every figure on this page is a value Lockheed Martin reported in its own SEC filings, read from the SEC's XBRL data (accession 0001628280-26-004195 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 12, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary.

Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation.

## Frequently Asked Questions

### Who are Lockheed Martin's competitors?

Companies sharing Lockheed Martin's SEC classification (SIC code 3760 (Guided Missiles & Space Vehicles & Parts)) include Kratos Defense & Security Solutions Inc. (KTOS), Rocket Lab (RKLB), Redwire Corporation (RDW), Voyager Technologies Inc. (VOYG), Firefly Aerospace Inc. (FLY). Its 10-K names the competitors it considers most relevant.

### How does Lockheed Martin compare with its peers on margins?

Lockheed Martin's fiscal 2025 operating margin was 10.3%, against a peer median of -66.8%.

### How are these peers chosen?

By the SEC Standard Industrial Classification code each company files under, within Swoopr's S&P 500 Equal Weight company set, falling back to the two-digit major group when fewer than two companies share the exact code. Classification codes are broad, so read the peer list as a screen, not a verdict.

### How does Lockheed Martin rank among all companies in its SEC industry?

Among 7 SEC filers under SIC code 3760, Lockheed Martin ranks 1 by latest revenue, and 1 of 7 by operating margin (10.3% against a median of -65.2%).

## References

- [SEC EDGAR: LOCKHEED MARTIN CORP Form 10-K filed January 29, 2026](https://www.sec.gov/Archives/edgar/data/936468/000162828026004195/lmt-20251231.htm)
- [SEC EDGAR: LOCKHEED MARTIN CORP annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=936468&type=10-K)
- [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces)

## Related Pages

- [Lockheed Martin company dossier](https://www.getswoopr.com/stocks/companies/lockheed-martin/)
- [Lockheed Martin financial metrics](https://www.getswoopr.com/stocks/companies/lockheed-martin/metrics/)
- [Lockheed Martin financial risk indicators](https://www.getswoopr.com/stocks/companies/lockheed-martin/risks/)
- [Lockheed Martin peer comparison](https://www.getswoopr.com/stocks/companies/lockheed-martin/competitors/)
- [Lockheed Martin business model and revenue mix](https://www.getswoopr.com/stocks/companies/lockheed-martin/business-model/)
- [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/)

**[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)**

Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. We do not provide personalized financial advice. See our [editorial policy](https://www.getswoopr.com/legal/editorial-policy/) and [corrections policy](https://www.getswoopr.com/legal/corrections-policy/).
