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Fraud Risk Report CardLMT

Lockheed Martin

AI-powered fraud risk analysis based on 17,600 federal contracts worth $75.4B across 3 government agencies.

Aerospace & DefenseBethesda, MD116,000 employees
Risk Grade
D
62/100
Overall Fraud Risk Score62/100
Low RiskHigh Risk

Key Government Agencies

Department of DefenseNASADepartment of Energy

Fraud Risk Indicators

Sole-Source Contract Concentration

HIGH

Over 68% of awarded contracts are non-competitive sole-source awards, significantly above the industry average of 42%.

Cost Overrun Pattern

HIGH

F-35 program experienced $183B in cost overruns across multiple contract modifications. Pattern of initial low bids followed by change orders.

Revolving Door Personnel

MODERATE

23 former senior Pentagon officials joined Lockheed Martin in the past 5 years, raising conflict-of-interest concerns.

Prior FCA Settlements

HIGH

Paid $115.8M in False Claims Act settlements since 2008 across multiple cases involving billing irregularities.

Subcontractor Markup Anomalies

MODERATE

Subcontractor cost pass-throughs show 18-34% markups above comparable market rates in sampled contracts.

Contract History Summary

Lockheed Martin is the largest US defense contractor, holding prime contracts on the F-35 Joint Strike Fighter, Aegis Combat System, and multiple classified programs. The company has received over $75B in federal contracts in the most recent fiscal year alone, with a contract portfolio spanning all military branches and major intelligence agencies.

Recent USASpending Contract Examples

Recent award activity pulled from USASpending.gov. Snapshot current through Mar 27, 2026.

View all Lockheed Martin contracts on USASpending.gov
Department of Defense

FA854026FB011

Recipient entity: LOCKHEED MARTIN CORPORATION
$25,586,037
Mar 16, 2026

FMS SNIPER ATP, IRST, LANTIRN SUSTAINMENT IDIQ CONTRACT

Department of Defense

FA862526FB006

Recipient entity: LOCKHEED MARTIN CORP
$51,946,559
Dec 29, 2025

CALENDAR YEAR 2025 ENTERPRISE SPARES PRE-PRICED CATALOG

Department of Defense

FA854026FB012

Recipient entity: LOCKHEED MARTIN CORPORATION
$132,241
Dec 23, 2025

FMS SNIPER ATP, IRST, LANTIRN SUSTAINMENT IDIQ CONTRACT

Department of Defense

W31P4Q26F0008

Recipient entity: LOCKHEED MARTIN CORPORATION
$150,000
Dec 23, 2025

THIS CONTRACT IS FOR PATRIOT ADVANCED CAPABILITIES-3 (PAC-3) MISSILE SUPPORT CENTER (P3MSC) FOR THE UNITED STATES AND FOREIGN MILITARY SALES (FMS) CUSTOMERS

Department of Defense

N0001926F0057

Recipient entity: LOCKHEED MARTIN CORPORATION
$3,312,762
Dec 23, 2025

DEVELOPMENT INVESTIGATION SUPPORT

Quick Stats

Total Contract Value
$75.4B
Contracts Analyzed
17,600
Key Agencies
3 agencies
Risk Indicators
3 high, 2 moderate
Headquarters
Bethesda, MD

USASpending Source

Recent contracts on this page are sourced from a USASpending.gov snapshot current through Mar 27, 2026.

View all Lockheed Martin contracts on USASpending.gov
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This report card is auto-generated using public contract data, cited enforcement records, and Relator's scoring heuristics. Risk scores are algorithmic assessments and do not constitute legal advice or accusations of fraud. Consult a qualified attorney for legal matters.

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Related Contractors

Also see: Raytheon Technologies, Boeing, Northrop Grumman, General Dynamics

Raytheon Technologies

D
$27.8B · Score: 58/100

Boeing

F
$23.1B · Score: 71/100

Northrop Grumman

C
$18.6B · Score: 52/100

General Dynamics

C
$17.2B · Score: 48/100
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