James D. Taiclet
Chairman, President and Chief Executive Officer
Corporate
5 yr
7 reports
Lockheed Martin Corporation ·LMT
Four powerful business presidents run Lockheed Martin’s P&Ls
Industrials · Fortune #49 · Divisional structure · 122K employees · Bethesda, MD
View as of:
9
CEO span
near peer avg (9)
3.4
Avg span
moderate
2
Max depth
flat for 122K emp
3.2 yr
Avg tenure
stable vs FY2024
67%
Internal hires
↑ above industry avg
Consolidated financials FY2019 · period end 2019-12-31 · 10-K
Revenue
$59.8B
Operating income
$7.7B
Net income
$5.0B
Total assets
$59.8B
Shares out
230M
Sourced from Lockheed Martin Corporation DEF 14A · filed 2026-03-26 ↗ View on SEC
Interactive org chart
Lockheed Martin Corporation organizational chart
Explore the executive structure, reporting layers, and scenario-ready operating model from public filings.
Open editable chart
Take this model into your AI workspace Use AI to reason through the model, then bring the scenario back into Creately Atlas.
Choose a prompt, then open an AI app and paste.
Download the CSV data instead
Four powerful business presidents report directly to Lockheed Martin’s CEO, defining a classic divisional defense structure. This page maps the executive org, analyzes spans of control, tracks leadership changes, and compares Lockheed’s structure with key aerospace and defense peers.
What to model
Use the chart to test org decisions, not just view reporting lines
Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.
Latest signal Jesus Malave departed as Chief Financial Officer
Departed April 17, 2025 after serving since January 2022.
Source · See change logScenario views in the chart
- Add Chief AI Officer Creates a dedicated executive role to coordinate AI strategy across all four business areas.
- Shift Business Ops Under COO Moves operational oversight from business presidents to the COO to tighten execution control.
Atlas work this supports
- Connect Workday or UKG Get these analytics for YOUR org — tenure, span of control, headcount, automatically from your HRIS.
- Connect Salesforce Map your target accounts like this. Import contacts, visualize decision chains, plan multi-threading.
- Plan a Reorg Use this as a starting point. Model scenarios, compare structures, present options to your board.
The people
Who's running this
8 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.
internal
Frank A. St. John
Chief Operating Officer
Operations
4 yr
0 reports
internal
Evan T. Scott
Chief Financial Officer
Finance
1 yr
0 reports
internal
Gregory M. Ulmer
President, Aeronautics
Aeronautics
3 yr
0 reports
internal
Timothy S. Cahill
President, Missiles and Fire Control
Missiles and Fire Control
6 yr
0 reports
internal
Stephanie C. Hill
President, Rotary and Mission Systems
Rotary and Mission Systems
4 yr
0 reports
Robert M. Lightfoot
President, Space
Space
4 yr
0 reports
Kevin J. O'Connor
Senior Vice President, General Counsel and Corporate Secretary
Legal
1 yr
0 reports
The pay
Executive compensation
From the most recent DEF 14A Summary Compensation Table. 1 named executive officers disclosed. Bar length scales with total compensation.
James D. Taiclet $23.5M
- Base salary
- $1.75M
- Stock awards
- $13.67M
- Non-equity incentive
- $5.50M
- Pension change
- $2.54M
- Fiscal year
- FY2025
- Source
- SEC DEF 14A ↗
The businesses
How Lockheed Martin Corporation divides the work
4 divisions report into the group CEO. Tile size scales with estimated headcount.
Aeronautics
35K employees
President, Aeronautics (Gregory M. Ulmer)
Designs, produces and sustains advanced military aircraft including the F‑35.
Missiles and Fire Control
30K employees
President, Missiles and Fire Control (Timothy S. Cahill)
Develops air and missile defense, precision strike and fire control systems.
Rotary and Mission Systems
28K employees
President, Rotary and Mission Systems (Stephanie C. Hill)
Provides helicopters, naval systems, sensors and mission-critical integration.
Space
20K employees
President, Space (Robert M. Lightfoot)
Builds satellites, space systems and strategic missile solutions.
The thesis
Why this org is unusual
Lockheed Martin’s most distinctive structural feature is the direct reporting of four full P&L business presidents to the CEO.
Each major business area—Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space—operates as a powerful division with its own president accountable for performance. This reinforces a classic defense-industry divisional model rather than a centralized functional hierarchy.
The COO role focuses on enterprise execution, integration and operational discipline across these divisions, rather than owning individual P&Ls. Corporate functions such as Finance and Legal remain lean at the top, with authority largely delegated to the business areas.
This structure supports Lockheed Martin’s need to manage long-cycle government programs with distinct customers, risk profiles and technologies, while still enabling coordination through enterprise initiatives like 1LMX and digital transformation.
- Four divisional presidents report directly to the CEO
- COO role focused on integration, not P&L ownership
The comparison
How Lockheed Martin Corporation stacks up
Compared with peers such as Boeing and Northrop Grumman, Lockheed Martin maintains a notably clean divisional structure with fewer matrix overlays. Boeing’s structure has oscillated between functional and divisional models, while RTX integrates more shared-services oversight. Lockheed’s approach gives its business …
C-suite size
Reporting depth
Lockheed Martin Corporation
2 levels
5 levels
5 levels
4 levels
4 levels
Avg C-suite tenure
Has COO / Has CAIO
Lockheed Martin Corporation ✓ COO — no CAIO
Current signals
What changed recently
The most consequential recent change was the April 2025 CFO transition from Jesus Malave to internal successor Evan T. Scott.
- departed
- newEvan T. Scott Chief Financial Officer
Appointed CFO effective April 17, 2025, succeeding Jesus Malave.
Source
Leadership Timeline
Year-over-year executive structure based on SEC proxy and annual filings.
FY2025
DEF 14A filed 2026-03-26
- CEO
- James D. Taiclet
- CEO span
- 9
- C-suite
- 6
- Avg tenure
- 3.2 yr
CFO transition mid-year with continued emphasis on divisional autonomy.
Named executive officers (5)
- James D. Taiclet - CEO since 2020
- Frank A. St. John - COO since 2021
- Evan T. Scott - CFO since 2025
- Timothy S. Cahill - President, MFC
- Kevin J. O'Connor - General Counsel since 2025
FY2024
DEF 14A filed 2025-03-27
- CEO
- James D. Taiclet
- CEO span
- 9
- C-suite
- 7
- Avg tenure
- 4.1 yr
Stable divisional structure with all four business presidents in place.
Named executive officers (5)
- James D. Taiclet - CEO since 2020
- Frank A. St. John - COO since 2021
- Jesus Malave - CFO since 2022
- Stephanie C. Hill - President, RMS
- Robert M. Lightfoot - President, Space
Year-over-year changes
The primary change was a CFO succession that reduced average C-suite tenure.
- CEO span: 9 → 9
- C-suite size: 7 → 6
- Avg tenure: 4.1 → 3.2 yr
- departed Jesus Malave - Chief Financial Officer (was Chief Financial Officer) (8-K filed April 17, 2025)
- new Evan T. Scott - Chief Financial Officer (was VP & CFO, Missiles and Fire Control) (8-K filed April 17, 2025)
Frequently Asked Questions
Who is the CEO of Lockheed Martin?
James D. Taiclet has served as Chairman, President and CEO since June 2020.
What type of organizational structure does Lockheed Martin use?
Lockheed Martin uses a divisional structure organized around four major business areas.
How many direct reports does Lockheed Martin's CEO have?
The CEO has nine direct reports, including corporate officers and four business presidents.
How has Lockheed Martin's leadership changed recently?
In April 2025, Evan T. Scott was appointed CFO following the departure of Jesus Malave.
Who reports directly to Lockheed Martin's CEO?
Direct reports include the COO, CFO, General Counsel and the presidents of the four business areas.
Sources
- 8-K Filing, Apr 2025
- SEC EDGAR: Lockheed Martin Corporation DEF 14A Proxy Statement
- SEC EDGAR: Lockheed Martin Corporation 10-K Annual Report
Reference
Cite this page
If you reference this page in research, analysis, or news writing, use one of the formats below. Citation includes the SEC filing source where applicable.
APA 7th
Creately. (2026). Lockheed Martin Corporation organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/lockheed-martin/MLA 9th
"Lockheed Martin Corporation Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/lockheed-martin/. Accessed .Chicago 17
Creately. "Lockheed Martin Corporation Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/lockheed-martin/.Original SEC source View on SEC ↗
Lockheed Martin Corporation. DEF 14A. Filed 2026-03-26. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/936468/000093646826000004/lmt-20260326.htmPermanent URL: https://creately.com/org-chart/fortune-500/lockheed-martin/ · last updated 2026-04-01