Lockheed Martin
Integrates additive manufacturing across aerospace and defense production to reduce lead times by up to 90% and part counts by 80% for components like F-35 simulator cockpits, using large-format metal and polymer systems.
- CEO / Founder
- James Taiclet
- Team Size
- 10000+
- Stage
- Established
Technology & Products
Key Products
F-35 Lightning II components; F-16 Fighting Falcon parts; C-130 Hercules structures; Missile systems; Space systems; Hypersonic vehicle components
Technological Advantage
Verified advantage: 99.7% density in metal LPBF parts vs industry 98.5%, with 3x faster build speeds (120 cm³/hr) for titanium aerospace brackets. Defensible via 50+ AM patents and trade secrets in material formulations.
Differentiation
Value Proposition
Reduces aerospace component production lead times from 18 months to 6 weeks and cuts part counts by 80%, lowering supply chain risk and enabling on-demand spare parts with 40% cost savings per unit.
How They Differentiate
3x faster build speed than EOS M290 (120 cm³/hr vs 40 cm³/hr) at 30% lower cost-per-part for titanium brackets; 80% part count reduction vs traditional manufacturing; semi-truck-sized build volume unmatched by competitors.
Market & Competition
Target Customers
U.S. Department of Defense, allied governments, aerospace primes, defense contractors
Industry Verticals
Aerospace; Defense; Space; Government
Competitors
Boeing; Northrop Grumman; RTX
Growth & Milestones
Growth Metrics
Revenue grew 5% YoY to $75B in 2024; backlog reached $176B; additive manufacturing capacity expanded with 16,000 sq ft Texas facility.
Major Milestones
1995: Merger forming Lockheed Martin; 2013: First F-35 delivery with AM components; 2022: Doubled venture fund to $400M; 2024: Opened 16,000 sq ft AM facility in Texas; 2025: Reported 6% sales growth and $194B backlog
Notable Customers
U.S. Department of Defense; U.S. Air Force; U.S. Navy; NASA; Allied governments (e.g., UK, Japan, Australia)