Lockheed Martin Space Sales Grew 4% in 2025

Increase driven by strategic and missile defense programs, Orion spacecraft work

Jan. 29, 2026 at 3:55pm

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Lockheed Martin's Space segment saw a 4% year-over-year revenue increase in 2025, reaching $13 billion in sales. The growth was driven by increased sales for strategic and missile defense programs, as well as the Orion spacecraft program for NASA. Operating profit for the Space segment also increased 10% over 2024, to $1.3 billion.

Why it matters

Lockheed Martin's Space division is a key part of the company's overall business, and its performance reflects broader trends in the aerospace and defense industry. The growth in strategic and missile defense programs, as well as civil space work like Orion, demonstrates continued strong demand in these areas.

The details

The $380 million increase in sales for strategic and missile defense programs was driven by the Next Generation Interceptor (NGI) and Fleet Ballistic Missile (FBM) programs. An additional $255 million in sales came from commercial civil space programs, primarily the Orion program. However, Lockheed Martin reported $40 million of lower equity earnings from United Launch Alliance, its joint venture with Boeing.

  • Lockheed Martin reported full-year 2025 sales on Thursday, January 29, 2026.

The players

Lockheed Martin

An American aerospace, arms, defense, information security, and technology corporation that operates worldwide.

Evan Scott

The Chief Financial Officer of Lockheed Martin.

United Launch Alliance

A joint venture of Boeing and Lockheed Martin that provides launch services for the U.S. government.

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What they’re saying

“Space is projected to grow approximately 5% year-over-year at the midpoint, with strong growth expected on Fleet Ballistic Missile, NGI, and hypersonic programs within the Strategic and Missile Defense Systems portion of the business, as well as solid growth from space tracking and communication missions due to the Space Development Agency's Transport and Tracking Layer programs.”

— Evan Scott, Chief Financial Officer

The takeaway

Lockheed Martin's strong performance in its Space segment, driven by growth in strategic and missile defense programs as well as civil space work, highlights the company's continued leadership in the aerospace and defense industry.