At Lockheed Martin, we recognize that the health and well-being of our employees is a strong contributor to the health and well-being of our organization. Our employees are our greatest asset, and we offer a wide range of resources to meet their needs, as well as the time and support to succeed in their professional and personal lives. From competitive compensation and benefits programs, to on-site health and wellness centers, flexible work schedules, mental health support and financial tools, we offer a comprehensive host of total rewards to help ensure that our employees live happy, healthy, fulfilled lives inside and outside of work.

While most of our employees are based in the United States,a growing population works internationally. We understand the need to be locally and culturally appropriate with our benefits offerings, and we work hard to make sure all our employees feel part of the same organization while benefiting from investment in locally aligned packages. Visit our Benefits website to learn more.

In 2024, we invested over $1 billion in our U.S. benefits program to support employee well-being. We offer a wide selection of premier health care plans, prioritizing both physical and mental health. We continuously review our benefits program in comparison with other leading companies and use population health-focused data insights to make improvements. Over the past seven years, we have expanded our family-building benefits; increased physical, speech and occupational therapy; and added enhanced benefits for hearing aids and chiropractic care. We also introduced supplemental plans such as critical illness and hospital indemnity; new prescription drug programs to help reduce member out-of-pocket costs; and a gym and grocery delivery membership program.

Our Wellness Incentive program allows employees to earn money for their health savings account by completing an online health survey and biometric screening. By completing incentives, employees gain insights into their health risk factors (e.g., high blood pressure, high cholesterol, prediabetes) and access to resources for improving overall health.

On-site employee medical services are essential to the unique operations at some of our locations. Lockheed Martin operates 26 health and wellness centers at 23 of our sites, providing occupational and non-occupational physical and emotional wellness support services to site employees. In 2024, there were nearly 75,000 in-person employee visits across all of our sites and an increase in non-occupational visits.

We offer health assessments for our employees who work internationally. A health assessment is a preventative health check that uses medical and non-invasive tests to give a current health and well-being overview. As part of these assessments, our employees benefit from a year of health and well-being support from medical experts to help them achieve their long-term health and fitness goals.

Lockheed Martin offers a flu vaccination program that delivers the vaccine to employees on-site; just over 8,000 employees participated in the program during 91 events at 52 sites in 2024. More than 1,200 automated external defibrillator (AED) devices are also available and managed at over 200 Lockheed Martin sites in the U.S.

Our Employee Assistance Program (EAP) provides no-cost, confidential services for emotional support 24/7 (text, audio, video), including a robust behavioral health provider network and access to self-guided resiliency apps; financial and legal support; child and elder care support; and work-life support. This program was expanded to nearly all employees globally in 2024. Also, in 2024, we began offering Calm Premium to nearly all employees globally, an app designed to help teammates manage stress, improve sleep and live a healthier life.

Keeping our employees and leadership up to date on the most recent health information is key to effective personal and professional decision-making. The Global Medical Services team provides focused presentations to teams across the business areas and the enterprise on topics such as COVID-19, Mpox, mental health and emotional well-being. In 2024, more than 40 presentations contributed to increased employee awareness and assisted with business area responses to health concerns.

To meet the needs of our business and our employees, we offer flexible work schedules, including a standard five-day, 40-hour work week; however, most employees work a four-day, 10-hour schedule or a nine-day, 80-hour two-week schedule. We also offer options for fully remote or hybrid work.

Our competitive paid time off program provides flexibility to take time off and includes a generous carryover feature for unused balances year-over-year. In 2024, we simplified the program by offering a common PTO and holiday schedule for most employees across our company.

Our robust retirement savings plan offers tools and features to help employees save for retirement, including an automatic company contribution, a company match, and a diverse array of investment options.