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About This Report

Lockheed Martin is proud to present our tenth Sustainability Report, published annually in April on sustainability.lockheedmartin.com. Unless otherwise noted, this report includes global data and activities for the calendar year 2020 from Lockheed Martin’s corporate offices and four Business Areas: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems and Space. For additional information on topics discussed in this report, please visit sustainability.lockheedmartin.com.             

This report has been prepared in accordance with the Global Reporting Initiative (GRI) Standards: Core Option. Our select GRI and Sustainability Accounting Standards Board (SASB) Content Index is available on our Sustainability Website and ESG Portal.

DNV, an independent, third-party assurance provider, assured this report, including the Lockheed Martin Sustainability Management Plan (SMP) performance indicators, select SASB Standards and select GRI indicators. Verification details can be found in the 2020 Assurance Statement.

For questions on this report, please contact sustainability.lm@lmco.com.

For more general information on Lockheed Martin, visit our website at www.lockheedmartin.com and social media on the following pages: 

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Forward-Looking Statements

This report contains statements which, to the extent not recitations of historical fact, constitute forward-looking statements within the meaning of the federal securities laws. The words “will,” “enable,” “expect,” “plan,” “forecast,” “anticipate,” “continue,” “achieve,” “scheduled,” “estimate,” “believe,” “intend,” “aim,” “orient,” “goal,” and similar expressions are intended to identify forward-looking statements. Statements and assumptions with respect to achievement of goals and objectives; anticipated actions to meet goals and objectives; allocation of resources; planned, encouraged or anticipated actions; planned performance of technology; or other efforts are also examples of forward-looking statements.

Forward-looking statements are based on our current expectations and assumptions, are not guarantees of future performance, and are subject to risks and uncertainties. Actual results could differ materially due to factors such as (i) the availability of funding for the programs described in this report; (ii) our ability to achieve reductions in energy use, greenhouse gas emissions and other sustainability goals and objectives; (iii) changes in our priorities as well as changes in the priorities of our customers and suppliers; (iv) the amount of our future investments; (v) the accuracy of our estimates and assumptions; (vi) the future effect of legislation, rulemaking and changes in policy; (vii) the impact of acquisitions or divestitures or other changes in our employee or product and service base; (viii) the competitive environment; (ix) the ability to attract and retain personnel and suppliers with technical and other skills; (x) the success of our diversity and inclusion initiatives; (xi) the success of technologically developed solutions; (xii) the willingness of suppliers to adopt and comply with our programs; (xiii) the impact of cyber or other security threats or other disruptions to our business; and (xiv) global economic, business, political, and climate conditions.

These are only some of the factors that may affect the forward-looking statements contained in this report. For further information regarding risks and uncertainties associated with our business, please refer to our U.S. Securities and Exchange Commission (SEC) filings including our Annual Report on Form 10-K for the year ended December 31, 2020 and our subsequent Quarterly Reports on Form 10-Q, which can be obtained at our website www.lockheedmartin.com/investor or through the website maintained by the SEC at www.sec.gov. The forward-looking statements in this report are intended to be subject to the safe harbor protection provided by federal securities laws.

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