We have a long-standing sustainability program built around  fostering innovation, integrity and security across our platforms and services to strengthen communities, steward the environment and grow responsibly. We take an integrated approach to managing corporate culture, ethics and business integrity, governance and sustainability issues through a risk-management lens. Our formal sustainability governance structure collectively is responsible for guiding and implementing our sustainability efforts.

The Lockheed Martin sustainability governance structure is composed of the Nominating and Corporate Governance Committee of the Board of Directors, the Executive Leadership Team, the Risk and Compliance Committee, and the Sustainability Management Team.

Our senior vice president of Ethics and Enterprise Assurance oversees all sustainability programs and serves as Lockheed Martin’s chief sustainability officer. This position reports directly to the chairman, president and chief executive officer and provides regular updates to the Nominating and Corporate Governance Committee.

We link incentive compensation for Lockheed Martin executives to performance on certain sustainability factors, such as attracting and retaining a premier workforce, protecting data from cyber intrusion, ensuring the safety of products and services, and managing the environmental impact of our business. 

In addition to our foundational sustainability governance, Lockheed Martin has strong frameworks for the governance of our sustainability priorities described on our Materiality Assessment and 2030 Sustainability Management Plan websites. 

Management is responsible for executing the enterprise risk management (ERM) process and the day-to-day management and mitigation of risks, and the Board of Directors is ultimately responsible for Lockheed Martin’s risk oversight. Corporate executives provide the Board and its committees with reports on enterprise-wide, business area and strategic risks. Two primary components of the ERM process are an annual strategic and operational enterprise risk assessment and a biennial compliance risk assessment (CRA). Both assessments are associated with our sustainability strategy, but the latter intentionally integrates our sustainability initiatives to ensure a comprehensive approach to risk management. Approximately 800 subject matter experts across the company are surveyed on compliance risks and vulnerabilities in relation to sustainability matters. Risk owners are identified to address recommendations surfacing from the CRA. The RCC and Integrated Risk Council review the outcomes of both assessments and their accompanied recommendations for mitigation actions. Their outcomes are subsequently reported to the Audit Committee of the Board of Directors. During the 2022 compliance risk assessment, the use of artificial intelligence (AI) was one of the new emerging risk topics, and steps were taken to mitigate potential risks, such as including AI ethics in our Code of Ethics and Business Conduct and the development of a “consent-to-use” training program. The latest compliance risk assessment took place in the first quarter of 2026.

Lockheed Martin is committed to participating in the political and public policy process in a responsible and ethical way that serves the best interests of our stockholders and customers. Decisions regarding corporate political and public policy activities are managed by the senior vice president, Lockheed Martin Government Affairs, following coordination with individual Lockheed Martin elements in accordance with established policies and procedures and they are ultimately overseen by the Nominating and Corporate Governance Committee of the Board of Directors. Further information on our engagement in the legislative process and political and public policy activities, including our advocacy efforts, government affairs activities, trade association activities and political spending, is available on our Political Disclosures website.