Our Sustainability Management Plan (SMP) defines our material issues that drive our sustainability progress towards our current set of defined core issues and sustainability priorities. In addition to our robust sustainability governance structure, each SMP goal has a defined management approach to support our continued progress.

To create the SMP, we first defined our core sustainability issues through an extensive process described on our Materiality Assessment website. Our 2030 SMP includes five sustainability themes which encompass our priority and focus issues.

Our SMP issues and defined goals are regularly reviewed through our sustainability governance structure and can be retired and/or updated, if necessary, based on our progress and the changing needs of our business. If specific changes are required, we engage the Sustainability Management Team and affected business areas and/or functions to analyze and modify appropriately. Additionally, our annual SMP process includes routine monitoring and measurement of progress toward core issue goals, and reviews of current business practices against relevant sustainability markers.

Our corporate Sustainability policy establishes a standard approach for integrating sustainability practices across Lockheed Martin.

Each year, we report on our efforts to champion the material issues identified in our SMP and progress toward Lockheed Martin’s sustainability goals in our annual Sustainability Performance Report.