Lockheed Martin Corp (LMT) stock
LMTNYSEGuided Missiles & Space Vehicles & PartsFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 27, 2026Last filing: 10-Q on Oct 22, 2026Score 16/309% above fair value
$596.04−8.05 (-1.33%)
Close on Nov 13, 2026Market cap $137.69BP/E 21.2Yield 2.24%
Lockheed Martin r&d expenses
Research and development expenses are spending on new products and technology.
For fiscal 2025 it was $2.00B, up 25.0% from the year before. Over ten years it grew 9.4% a year on average. The highest annual figure on record is $2.00B in fiscal 2025.
Annual r&d expenses
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $2.00B | +25.0% |
| FY2024 | Dec 31, 2024 | $1.60B | +6.7% |
| FY2023 | Dec 31, 2023 | $1.50B | -11.8% |
| FY2022 | Dec 31, 2022 | $1.70B | +13.3% |
| FY2021 | Dec 31, 2021 | $1.50B | +15.4% |
| FY2020 | Dec 31, 2020 | $1.30B | 0.0% |
| FY2019 | Dec 31, 2019 | $1.30B | 0.0% |
| FY2018 | Dec 31, 2018 | $1.30B | +8.3% |
| FY2017 | Dec 31, 2017 | $1.20B | +21.5% |
| FY2016 | Dec 31, 2016 | $988.00M | +20.9% |
| FY2015 | Dec 31, 2015 | $817.00M | +11.5% |
| FY2014 | Dec 31, 2014 | $733.00M | +5.2% |
| FY2013 | Dec 31, 2013 | $697.00M | +13.1% |
| FY2012 | Dec 31, 2012 | $616.00M | +5.3% |
| FY2011 | Dec 31, 2011 | $585.00M | -8.5% |
| FY2010 | Dec 31, 2010 | $639.00M | -10.9% |
| FY2009 | Dec 31, 2009 | $717.00M | +2.7% |
| FY2008 | Dec 31, 2008 | $698.00M | – |
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