Federal Contractor

LOCKHEED MARTIN CORPORATION Federal Contract Obligations (Last 5 Years)

FPDS procurement profile for LOCKHEED MARTIN CORPORATION (CAGE 06887, UEI CQWLW9XRQTH5) covering the last 5 years of federal obligations and award activity.

LOCKHEED MARTIN CORPORATION recorded 1,277 award actions and $7.36 billion in obligated federal spending in the last 5 years, with an average action value of $5.76 million. Most obligations came from the Department of the Air Force and the Missile Defense Agency, with research and development in the physical, engineering, and life sciences as the largest NAICS category.

Generated at 03/21/2026

Analysis period: Last 5 years

Totals reflect readable FPDS obligation data for the last 5 years; negative obligations are included where reported.

CAGE Code
06887
UEI
CQWLW9XRQTH5
Total Obligated
7.36 billion
7,360,694,961.76
Award Actions
1,277
Average Action Value
5,764,052.43

About LOCKHEED MARTIN CORPORATION federal contract activity

LOCKHEED MARTIN CORPORATION (CAGE 06887, UEI CQWLW9XRQTH5) recorded $7.36 billion in obligations across 1,277 awards over the last 5 years, with an average award value of $5.76 million. The profile is highly concentrated in large defense and research-related awards, indicating sustained federal demand across a limited set of customer agencies and technical mission areas.

Agency mix and customer concentration

The Department of the Air Force is the dominant buyer, accounting for $5.85 billion and 522 awards, or the clear majority of observed obligations. The Missile Defense Agency is the second-largest customer at $1.45 billion across 385 awards, while DARPA, the Department of the Navy, and DCMA contribute much smaller or, in DCMA’s case, net negative obligated totals over the period.

Industry profile based on NAICS activity

Obligations are concentrated in NAICS 541715, Research and Development in the Physical, Engineering, and Life Sciences, which represents $5.56 billion and the largest share of activity. Guided missile and space vehicle manufacturing (336414) is the next largest category at $937.06 million, followed by 541720, engineering services, and communications equipment manufacturing, showing a mix of R&D, weapons systems, and support services.

Annual contract trend over the analysis window

Annual obligations peaked in 2021 at $1.88 billion and remained elevated through 2022 and 2023 before easing in 2024 and 2025. Award counts fell sharply after 2021, from 429 to 180 in 2025, suggesting a shift from higher-volume activity toward fewer, larger awards over time.

How to interpret this page

This summary uses FPDS-observed obligations for the last 5 years and aggregates awards tied to the vendor’s CAGE and UEI. Agency, NAICS, and annual totals are ranked by obligated dollars, and negative obligations are retained where reported in the source data.

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 5 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 5,846,703,679.75 5.85 billion 522
97JC MISSILE DEFENSE AGENCY (MDA) 1,454,574,156.60 1.45 billion 385
97AE DEFENSE ADVANCED RESEARCH PROJECTS AGENCY (DARPA) 50,599,771.61 50.60 million 25
1700 DEPT OF THE NAVY 30,410,483.65 30.41 million 288
9763 DEFENSE CONTRACT MANAGEMENT AGENCY (DCMA) -21,593,129.85 -21.59 million 57

Insight

Over the last 5 years, LOCKHEED MARTIN CORPORATION’s obligations are highly concentrated at the Department of the Air Force, which accounts for $5.85 billion across 522 awards, or roughly 80% of total obligated dollars. The Missile Defense Agency is the second-largest customer at $1.45 billion across 385 awards, bringing the top two agencies to about 99% of all obligations in this period. Other agencies represent only marginal obligated value: DARPA at $50.60 million, the Department of the Navy at $30.41 million, and DCMA reflects a net negative obligation of $21.59 million.

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 5 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) 5,559,629,754.73 5.56 billion 295
336414 GUIDED MISSILE AND SPACE VEHICLE MANUFACTURING 937,055,930.77 937.06 million 484
541720 RESEARCH AND DEVELOPMENT IN THE SOCIAL SCIENCES AND HUMANITIES 687,898,066.69 687.90 million 260
541330 ENGINEERING SERVICES 128,219,248.84 128.22 million 162
334220 RADIO AND TELEVISION BROADCASTING AND WIRELESS COMMUNICATIONS EQUIPMENT MANUFACTURING 41,465,523.72 41.47 million 17
336419 OTHER GUIDED MISSILE AND SPACE VEHICLE PARTS AND AUXILIARY EQUIPMENT MANUFACTURING 15,281,350.39 15.28 million 26
541713 RESEARCH AND DEVELOPMENT IN NANOTECHNOLOGY 0.00 0.00 1
561621 SECURITY SYSTEMS SERVICES (EXCEPT LOCKSMITHS) -56,539.00 -56.54 thousand 4
541712 RESEARCH AND DEVELOPMENT IN THE PHYSICAL, ENGINEERING, AND LIFE SCIENCES (EXCEPT BIOTECHNOLOGY) -113,466.32 -113.47 thousand 8
811310 COMMERCIAL AND INDUSTRIAL MACHINERY AND EQUIPMENT (EXCEPT AUTOMOTIVE AND ELECTRONIC) REPAIR AND MAINTENANCE -841,693.00 -841.69 thousand 6

Insight

Over the last 5 years, LOCKHEED MARTIN CORPORATION’s obligations are highly concentrated in NAICS 541715, which accounts for $5.56 billion across 295 awards, or roughly 75.6% of total obligated dollars. The next largest category, 336414, contributes $937.06 million across 484 awards, indicating a smaller share of dollars but a higher transaction count; 541720 adds another $687.90 million across 260 awards. Overall, the vendor’s activity is dominated by research and development and missile/space vehicle manufacturing, with the remaining NAICS categories representing a relatively small portion of total obligations and several minor negative or zero-dollar adjustments.

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 5 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

Insight

Over the last 5 years, LOCKHEED MARTIN CORPORATION (CAGE 06887) received $7.36 billion across 1,277 awards, averaging $5.76 million per award. Obligations were highest in 2021 at $1.88 billion with 429 awards, then declined in 2022 and 2023 before falling further in 2024 to $965.53 million. Activity increased again in 2025 to $1.13 billion and 180 awards, but remained below the 2021–2023 levels, indicating a recent contraction in both obligation volume and award count.

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