How Warden was paid
$25.4M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Stock | Incentive | Pension | Other | Total |
|---|---|---|---|---|---|---|
| Kathy J. WardenChair, Chief Executive Officer and President | $1,840,385 | $16,750,230 | $4,218,000 | $1,270,017 | $1,278,811 | $25,357,443 |
| Kenneth B. CrewsFormer Corporate Vice President and Chief Financial Officer | $850,000 | $3,000,104 | $969,000 | $195,463 | $148,098 | $5,162,665 |
| Robert J. FlemingCorporate Vice President and President, Space Systems | $807,308 | $3,500,158 | $929,100 | $308,345 | $628,340 | $6,173,251 |
| Thomas H. JonesCorporate Vice President and President, Aeronautics Systems | $835,193 | $3,500,158 | $957,600 | — | $290,130 | $5,583,081 |
| Roshan S. RoederCorporate Vice President and President, Mission Systems | $807,308 | $3,500,158 | $929,100 | $330,501 | $158,987 | $5,726,054 |
What changed and why
- $42BSales reached $42 billion, up 2 percent year over year and 3 percent organically.
- $4.8BOperating cash flow increased 8 percent to $4.8 billion and free cash flow increased 26 percent to $3.3 billion.
- 114%The annual incentive plan paid out at 114 percent for NEOs based on strong performance.
- 148%The long-term incentive plan paid out at 148 percent for our NEOs.
- 80%Over 80 percent of executive compensation is variable and tied to rigorous performance standards.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.