Lockheed Martin Corporation

Second-quarter net sales of $20.1 billion, up 11%, and net earnings of $1.8 billion. Record backlog of $230 billion at 28 June 2026. Aeronautics sales $8.1 billion; Missiles and Fire Control sales $4.1 billion. Chairman, President and Chief Executive Officer Jim Taiclet is the named executive; Mark Kvasnak is Vice President, Investor Relations.

PAX is litigating whether the Dutch State must prevent F-35 components reaching Israel through third countries, principally the United States, as well as directly. At the hearing on 10 July 2026 the Court of Appeal ruled that classified documents would not be submitted at this stage. Director Rolien Sasse: "All deliveries of Dutch F-35 components to Israel must stop. Not only deliveries directly from the Netherlands, but also those via other countries."

Vredesactie, the Ligue des droits humains and the Coordination nationale d'action pour la paix et la democratie, joined by Amnesty International, filed a complaint with the Public Prosecutor of Liege in June 2026 against FedEx Belgium. The complaint concerns an October 2024 shipment of F-35 parts subject to United States arms regulations, flown from Hill Air Force Base in Utah via Liege airport and Cologne to Israel's Nevatim military air base, without the transit licence required from the Walloon authorities.

Israel's ministerial committee on procurement approved the acquisition of a fourth F-35I squadron from Lockheed Martin and a second F-15IA squadron from Boeing, at a cost reported as tens of billions of shekels. Israel operates 48 F-35Is with 25 more ordered for delivery from 2028; on completion of the new order the fleet would reach 100 aircraft. Defence Minister Israel Katz said the recent conflict with Iran "once again demonstrated the Israeli Air Force's power".

The Israeli state-owned manufacturer marked the delivery at its F-35 wing assembly line, with senior Israeli government officials and Lockheed Martin leadership present. Israeli Defence Minister Israel Katz called it a significant milestone. IAI has been a Lockheed Martin supplier for four decades, and also builds F-16 aerostructures.

Open-source investigation restricted to munitions made solely in the United States that Israel does not produce domestically, with identifications reviewed by an independent explosive remnants of war expert and geolocations independently verified. Identifies Lockheed Martin's AGM-114 Hellfire missile alongside Boeing's GBU-39 Small Diameter Bomb and JDAM guidance kits across 79 geolocated Israeli strike sites in Gaza between July 2024 and July 2025, at which at least 744 people were reported killed, including 78 women and 175 children. Bellingcat cautions that the dataset captures only a small fraction of the overall incidents and that casualty reports could not be independently verified because international access to Gaza is restricted.

Full-year 2025 net sales of $75.0 billion, up 6%, and net earnings of $5.0 billion. Record year-end backlog of $194 billion. Aeronautics sales $30.3 billion; Missiles and Fire Control sales $14.5 billion, up 14%, with operating profit up 382% to $1.99 billion. 191 F-35 aircraft delivered in 2025 against 110 in 2024.

BAE Systems states that as a key partner to Lockheed Martin it holds a 13 to 15 per cent workshare of each aircraft, building the rear fuselage for every aircraft in the global fleet, together with the vertical and horizontal tails, the electronic warfare suite, active interceptor systems and management computers. It delivered its 1,000th rear fuselage in 2023.

The Supreme Court set aside the Court of Appeal's order and held that the assessment belongs to the Minister of Foreign Affairs rather than to judges, giving the minister six weeks to decide whether the export poses a clear risk of serious violations of international humanitarian law. The court stated that the export of parts remains banned until that process is completed. No Dutch F-35 components have been exported directly to Israel since 12 February 2024.

The Commission concluded that Israel has committed genocide against Palestinians in the Gaza Strip, finding that four of the five acts of genocide defined in the Genocide Convention were committed, and that the State of Israel bears responsibility for the failure to prevent genocide, the commission of genocide and the failure to punish genocide. The finding is confined to Gaza and covers 7 October 2023 to 31 July 2025.

Sikorsky, a Lockheed Martin company, received the cockpit and cabin sections of the first of 12 CH-53K King Stallion heavy-lift helicopters bought by Israel through United States foreign military sales, and began assembly. The first aircraft is expected in Israel in 2028, replacing the CH-53D Yas'ur fleet with up to three times the payload capacity.

Names Lockheed Martin as the lead of the F-35 programme, "the largest-ever defence procurement programme", alongside at least 1,650 other companies and eight states. Records that components built globally contribute to the Israeli F-35 fleet, which Israel customises and maintains in partnership with Lockheed Martin and domestic companies; that Israel was first to fly the F-35 in combat in 2018; and that post-October 2023 F-35s and F-16s "have been integral to equipping Israel with the unprecedented aerial power to drop an estimated 85,000 tons of bombs". Also records Vanguard as the second largest and BlackRock as the third largest institutional investor in Lockheed Martin, $862 million in loans and underwriting from Barclays in 2024, the Caisse de depot et placement du Quebec almost tripling its investment from 2023 to 2024, and the Lockheed Martin seed fund managed by the Massachusetts Institute of Technology from 2019 to 2024.

Al-Haq, supported by the Global Legal Action Network and with Oxfam, Amnesty International UK and Human Rights Watch intervening, challenged the United Kingdom's decision to exempt the global F-35 programme from the suspension of around 30 arms export licences announced on 2 September 2024. The Divisional Court refused the claim on 30 June 2025, holding that the issue is for the executive, "democratically accountable to Parliament and ultimately to the electorate, not for the courts". The court did not hold the government's assessment lawful; it held the question non-justiciable. The Court of Appeal refused permission to appeal on 12 November 2025.

Addressed to the governments of Australia, Canada, Denmark, Italy, the Netherlands, Norway, the United Kingdom and the United States. Signatories include the Palestinian organisations Al-Haq, Al Mezan Center for Human Rights, MIFTAH and the Palestinian Working Woman Society for Development. The operative demand: "We call on all F-35 partners to do everything in their power to bring the F-35 programme in line with their legal obligations and immediately halt the direct and indirect transfer of F-35 parts and components to Israel."

The Pentagon confirmed the deployment of a Lockheed Martin Terminal High Altitude Area Defense battery, with United States military personnel to operate it, to Israel following Iranian missile attacks. The system conducted its first combat interception in December 2024.

Students report that the Massachusetts Institute of Technology closed the Lockheed Martin seed fund, which the UN Special Rapporteur's June 2025 report records the Institute managed from 2019 to 2024, connecting students to teams in Israel.

Tagged Gaza Genocide and Weapons and Military Equipment; page valid as of 1 August 2024. Records that Lockheed Martin supplied Israel with at least 102 F-16s between 2004 and 2009 and at least 50 F-35s between 2016 and 2021, along with maintenance and services. Records at least 1,445 Hellfire missiles supplied between 1990 and 2006, including strikes during the 2014 assault on Gaza that a UN inquiry identified as a direct attack against civilian objects or civilians, a war crime, and strikes in 2008-2009 that killed three Palestinian paramedics and a 12-year-old boy. Also records the M270 rocket launcher supplied to Israel.

Breaking Defense reports that Israel signed a contract for a third squadron of 25 F-35 aircraft during ongoing military operations in Gaza, taking the total order to 75 aircraft, funded from United States military aid.

Amnesty International Denmark, Oxfam Denmark, ActionAid Denmark (Mellemfolkeligt Samvirke) and the Palestinian human rights organisation Al-Haq sued the Danish Ministry of Foreign Affairs and the National Police over the export of F-35 components, stating that fifteen Danish companies supply parts for the aircraft through a United States-led defence cooperation without adequate risk assessment. The Eastern High Court dismissed the case on 11 April 2025 for lack of standing; the claimants appealed, and the Danish Supreme Court was reported in March 2026 to have rejected the appeal.

Brought by Oxfam Novib, PAX and The Rights Forum, represented by Prakken d'Oliveira Human Rights Lawyers, after the Preliminary Relief Court dismissed their claim on 13 December 2023. The Court of Appeal found a clear risk that serious violations of international humanitarian law are committed with the F-35s, and ordered the State to cease all export and transit of F-35 parts to Israel within seven days. The case concerned general licence NL009, issued in 2016 with no expiry date, covering export and transit through the American-owned F-35 regional warehouse at Woensdrecht.

The International Court of Justice found a real and imminent risk to the right of Palestinians in Gaza to be protected from acts of genocide, and ordered Israel to prevent them. The order imposes a duty of prevention, which is the legal framework on which national export licensing and procurement decisions about F-35 components have since been argued.

Norway's Government Pension Fund Global, the largest sovereign wealth fund in the world, excluded Lockheed Martin Corp on 21 August 2013 under the product-based criterion, on the ground of production of nuclear weapons. The exclusion remains in force.