Lockheed Martin (LMT) risk factors
Item 1A of every Lockheed Martin Corp. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors19 risks4 dropped9 reworded
The F-35 program contribution rose from 26% to 27% of total consolidated sales. Cybersecurity risks were updated to specifically target the U.S. defense industrial base. Pension risks were updated to warn of earlier or larger required contributions.
Filed Jan 29, 2026 - FY2024 10-K risk factors23 risks
U.S. government budget authorization and the F-35 program, which generated 26% of net sales in 2024, dominate risk factors. International sales generated 26% of net sales, introducing distinct geopolitical and regulatory risks. Cyber-attacks from advanced nation-state adversaries threaten critical infrastructure and sensitive data.
Filed Jan 28, 2025