LOCKHEED MARTIN CORPORATION received $16.66 billion across 3,183 award actions in the last 10 years, with an average action value of $5.23 million. The largest obligations came from the Department of the Air Force, Department of the Navy, and Missile Defense Agency, with activity concentrated in R&D and guided missile and space vehicle manufacturing.
Federal Contractor
LOCKHEED MARTIN CORPORATION Federal Contract Obligations (Last 10 Years)
FPDS analysis for LOCKHEED MARTIN CORPORATION (CAGE 06887, UEI CQWLW9XRQTH5) covering the last 10 years of federal obligations and awards.
Annual obligations peaked at $1.88 billion in 2021 and remained above $965.53 million in each year shown from 2021 through 2025.
CAGE Code
06887
UEI
CQWLW9XRQTH5
Total Obligated
16.66 billion
16,655,467,081.70
Award Actions
3,183
Average Action Value
5,232,631.81
About LOCKHEED MARTIN CORPORATION federal contract activity
LOCKHEED MARTIN CORPORATION (CAGE 06887, UEI CQWLW9XRQTH5) recorded $16.66 billion in obligated federal awards across 3,183 actions over the last 10 years, with an average award value of $5.23 million. The profile is heavily concentrated in defense and aerospace procurement, indicating sustained demand across major U.S. defense agencies and advanced technology programs.
Agency mix and customer concentration
The Department of the Air Force is the dominant customer, accounting for $10.88 billion and 990 awards, or roughly two-thirds of total obligated value. The Department of the Navy and the Missile Defense Agency are also major buyers, with $3.29 billion across 938 awards and $2.45 billion across 955 awards, respectively, while DARPA and the Office of Procurement Operations represent comparatively minor activity.
Industry profile based on NAICS activity
Award activity is led by NAICS 541715, Research and Development in the Physical, Engineering, and Life Sciences, with $7.64 billion across 372 awards, followed closely by NAICS 336414, Guided Missile and Space Vehicle Manufacturing, with $6.39 billion across 1,466 awards. Secondary obligations appear in NAICS 541720, 541330, and 541710, showing a mix of applied R&D, engineering services, and related technical support.
Annual contract trend over the analysis window
Obligations remained above $900 million in each of the five most recent years shown, peaking at $1.88 billion in 2021 and staying in the $1.13 billion to $1.71 billion range from 2022 through 2025. Award counts also stayed elevated, with a high of 429 awards in 2021 and 180 awards in 2025, suggesting continued but uneven funding volume rather than a single large spike.
How to interpret this page
This summary is based on FPDS award data for the last 10 years tied to CAGE 06887 and UEI CQWLW9XRQTH5. Totals reflect obligated dollars and award counts as reported in the dataset; agency, NAICS, and annual breakdowns are ranked by obligated value within the analysis window.
Top Agencies
SELECT
agency_id,
agency_name,
total_obligated,
award_count,
formatReadableQuantity(total_obligated) AS total_obligated_readable
FROM
(
SELECT
content__award__purchaserInformation__contractingOfficeAgencyID AS agency_id,
anyHeavy(content__award__purchaserInformation__contractingOfficeAgencyID__name) AS agency_name,
sum(content__award__dollarValues__obligatedAmount) AS total_obligated,
count() AS award_count
FROM fpds.data
WHERE
contract_type = 1
AND content__award__vendor__vendorSiteDetails__entityIdentifiers__cageCode = '06887'
AND content__award__purchaserInformation__contractingOfficeAgencyID IS NOT NULL
AND content__award__purchaserInformation__contractingOfficeAgencyID != ''
AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) >= toStartOfYear(now()) - INTERVAL 10 YEAR
AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) < toStartOfYear(now())
GROUP BY agency_id
)
ORDER BY total_obligated DESC
LIMIT 10| Agency ID | Agency Name | Total Obligated | Readable | Award Actions |
|---|---|---|---|---|
| 5700 | DEPT OF THE AIR FORCE | 10,883,452,592.10 | 10.88 billion | 990 |
| 1700 | DEPT OF THE NAVY | 3,294,394,153.58 | 3.29 billion | 938 |
| 97JC | MISSILE DEFENSE AGENCY (MDA) | 2,449,405,939.87 | 2.45 billion | 955 |
| 97AE | DEFENSE ADVANCED RESEARCH PROJECTS AGENCY (DARPA) | 66,484,654.45 | 66.48 million | 34 |
| 7001 | OFFICE OF PROCUREMENT OPERATIONS | 698.44 | 698.44 | 3 |
| 8900 | ENERGY, DEPARTMENT OF | -764,984.82 | -764.98 thousand | 1 |
| 8000 | NATIONAL AERONAUTICS AND SPACE ADMINISTRATION | -911,961.85 | -911.96 thousand | 1 |
| 9763 | DEFENSE CONTRACT MANAGEMENT AGENCY (DCMA) | -36,594,010.07 | -36.59 million | 261 |
Insight
Over the last 10 years, LOCKHEED MARTIN CORPORATION’s obligations are highly concentrated in three defense agencies: the Department of the Air Force ($10.88 billion, 990 awards), the Department of the Navy ($3.29 billion, 938 awards), and the Missile Defense Agency ($2.45 billion, 955 awards). These three agencies account for nearly all of the vendor’s $16.66 billion in total obligations and most of its 3,183 awards, indicating a strong dependence on defense-related procurement. Other agencies represent comparatively minor activity, with DARPA at $66.48 million and several agencies showing negligible or negative net obligations.
Top NAICS
SELECT
naics_code,
naics_name,
total_obligated,
award_count,
formatReadableQuantity(total_obligated) AS total_obligated_readable
FROM
(
SELECT
content__award__productOrServiceInformation__principalNAICSCode AS naics_code,
anyHeavy(content__award__productOrServiceInformation__principalNAICSCode__description) AS naics_name,
sum(content__award__dollarValues__obligatedAmount) AS total_obligated,
count() AS award_count
FROM fpds.data
WHERE
contract_type = 1
AND content__award__vendor__vendorSiteDetails__entityIdentifiers__cageCode = '06887'
AND content__award__productOrServiceInformation__principalNAICSCode IS NOT NULL
AND content__award__productOrServiceInformation__principalNAICSCode != ''
AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) >= toStartOfYear(now()) - INTERVAL 10 YEAR
AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) < toStartOfYear(now())
GROUP BY naics_code
)
ORDER BY total_obligated DESC
LIMIT 10| NAICS Code | Description | Total Obligated | Readable | Award Actions |
|---|---|---|---|---|
| 541715 | RESEARCH AND DEVELOPMENT IN THE PHYSICAL, ENGINEERING, AND LIFE SCIENCES (EXCEPT NANOTECHNOLOGY AND BIOTECHNOLOGY) | 7,635,811,492.12 | 7.64 billion | 372 |
| 336414 | GUIDED MISSILE AND SPACE VEHICLE MANUFACTURING | 6,386,896,840.50 | 6.39 billion | 1,466 |
| 541720 | RESEARCH AND DEVELOPMENT IN THE SOCIAL SCIENCES AND HUMANITIES | 1,417,041,531.77 | 1.42 billion | 636 |
| 541330 | ENGINEERING SERVICES | 821,182,207.66 | 821.18 million | 361 |
| 541710 | RESEARCH AND DEVELOPMENT IN THE PHYSICAL, ENGINEERING, AND LIFE SCIENCES | 141,110,445.76 | 141.11 million | 124 |
| 541712 | RESEARCH AND DEVELOPMENT IN THE PHYSICAL, ENGINEERING, AND LIFE SCIENCES (EXCEPT BIOTECHNOLOGY) | 88,218,632.86 | 88.22 million | 71 |
| 334220 | RADIO AND TELEVISION BROADCASTING AND WIRELESS COMMUNICATIONS EQUIPMENT MANUFACTURING | 73,536,733.72 | 73.54 million | 23 |
| 541713 | RESEARCH AND DEVELOPMENT IN NANOTECHNOLOGY | 68,355,745.00 | 68.36 million | 27 |
| 336419 | OTHER GUIDED MISSILE AND SPACE VEHICLE PARTS AND AUXILIARY EQUIPMENT MANUFACTURING | 20,220,315.54 | 20.22 million | 60 |
| 811310 | COMMERCIAL AND INDUSTRIAL MACHINERY AND EQUIPMENT (EXCEPT AUTOMOTIVE AND ELECTRONIC) REPAIR AND MAINTENANCE | 5,527,057.95 | 5.53 million | 21 |
Insight
Over the last 10 years, obligations to LOCKHEED MARTIN CORPORATION are concentrated in two NAICS codes: 541715 and 336414, which together account for 14.03 billion of the firm’s 16.66 billion in total obligated dollars. Award activity is also concentrated in 336414, with 1,466 awards, while 541715 carries the largest dollar volume with 7.64 billion across 372 awards, indicating higher-value transactions in R&D compared with manufacturing. A secondary tier of activity appears in 541720 and 541330, while the remaining NAICS codes contribute relatively small shares of total obligations, showing a highly focused portfolio.
Annual Trend
SELECT
year,
total_obligated,
award_count,
formatReadableQuantity(total_obligated) AS total_obligated_readable
FROM
(
SELECT
toYear(parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate)) AS year,
sum(content__award__dollarValues__obligatedAmount) AS total_obligated,
count() AS award_count
FROM fpds.data
WHERE
contract_type = 1
AND content__award__vendor__vendorSiteDetails__entityIdentifiers__cageCode = '06887'
AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) >= toStartOfYear(now()) - INTERVAL 10 YEAR
AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) < toStartOfYear(now())
GROUP BY year
)
ORDER BY year DESC| Year | Total Obligated | Readable | Award Actions |
|---|---|---|---|
| 2025 | 1,125,137,935.17 | 1.13 billion | 180 |
| 2024 | 965,528,961.36 | 965.53 million | 176 |
| 2023 | 1,674,687,421.75 | 1.67 billion | 197 |
| 2022 | 1,712,837,304.99 | 1.71 billion | 295 |
| 2021 | 1,882,503,338.49 | 1.88 billion | 429 |
| 2020 | 1,515,275,553.14 | 1.52 billion | 452 |
| 2019 | 2,724,112,966.86 | 2.72 billion | 402 |
| 2018 | 2,697,386,682.53 | 2.70 billion | 528 |
| 2017 | 2,353,878,400.36 | 2.35 billion | 486 |
| 2016 | 4,118,517.05 | 4.12 million | 38 |
Insight
Over the last 10 years, LOCKHEED MARTIN CORPORATION (CAGE 06887) obligated $16.66 billion across 3,183 awards, with an average award value of about $5.23 million. Obligations were heavily concentrated in 2017 through 2023, ranging from $1.52 billion to $2.72 billion annually, and awards were also most numerous in that span, peaking at 528 in 2018. Activity declined in 2024 to $965.53 million and 176 awards, then rose in 2025 to $1.13 billion and 180 awards, indicating a recent partial rebound after lower-year performance. The 2016 level of $4.12 million and 38 awards is a clear outlier relative to the rest of the period.
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