Lockheed Martin Corp
Close on Nov 2, 2026Market cap $148.43BP/E 23.7Yield 2.08%
Lockheed Martin Qualified Defined Benefit Pension Plans by Year
Qualified Defined Benefit Pension Plans — Benefit Obligation (PBO) ($M)
Lockheed Martin Qualified Defined Benefit Pension Plans: $26,735M in FY2025, down 1.7% from a year earlier. That is the lowest of the 11 years on record here.
Where the FY2025 figure comes from
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Qualified Defined Benefit Pension Plans — Benefit Obligation (PBO) ($M) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | 26,735 | -1.7% | LMT Form 10-K (filed 2026-01-29) ↗ |
| FY2024 | Dec 31, 2024 | 27,199 | -6.1% | LMT Form 10-K (filed 2026-01-29) ↗ |
| FY2023 | Dec 31, 2023 | 28,959 | +0.9% | LMT Form 10-K (filed 2026-01-29) ↗ |
| FY2022 | Dec 31, 2022 | 28,698 | -33.9% | LMT Form 10-K (filed 2025-01-28) ↗ |
| FY2021 | Dec 31, 2021 | 43,447 | -15.4% | LMT Form 10-K (filed 2024-01-23) ↗ |
| FY2020 | Dec 31, 2020 | 51,352 | +5.5% | LMT Form 10-K (filed 2023-01-26) ↗ |
| FY2019 | Dec 31, 2019 | 48,674 | +12.4% | LMT Form 10-K (filed 2022-01-25) ↗ |
| FY2018 | Dec 31, 2018 | 43,305 | -11.1% | LMT Form 10-K (filed 2021-01-28) ↗ |
| FY2017 | Dec 31, 2017 | 48,686 | +8.0% | LMT Form 10-K (filed 2020-02-07) ↗ |
| FY2016 | Dec 31, 2016 | 45,064 | +3.1% | LMT Form 10-K (filed 2019-02-08) ↗ |
| FY2015 | Dec 31, 2015 | 43,702 | – | LMT Form 10-K/A (filed 2018-02-16) ↗ |
Breakdown
What makes up qualified Defined Benefit Pension Plans
- Qualified Defined Benefit Pension Plans — Fair Value of Plan Assets22,850 · FY2025
- Qualified Defined Benefit Pension Plans — Funded Status (Underfunded)-3,885 · FY2025
- Defined Benefit Pension Plans — Service Cost50 · FY2025
- Defined Benefit Pension Plans — Interest Cost1,472 · FY2025
- Defined Benefit Pension Plans — Expected Return on Plan Assets1,439 · FY2025
- Defined Benefit Pension Plans — Actual Return on Plan Assets2,252 · FY2025
- Defined Benefit Pension Plans — Benefits Paid1,733 · FY2025
- Defined Benefit Pension Plans — Employer Cash Contributions860 · FY2025
- Defined Benefit Pension Plans — Expected Long-Term Rate of Return Assumption (%)6.5% · FY2025
Cite this data
StockData. (2026). Lockheed Martin Qualified Defined Benefit Pension Plans ($M), annual FY2015–FY2025 [Data set]. Compiled from Lockheed Martin SEC filings and investor materials. https://stockdatahq.com/stocks/lmt/kpis/pension-pbo
See every metric in the Lockheed Martin KPI table. Data updated Oct 28, 2026.