LOCKHEED MARTIN CORP R&D Expense 2008-2025 | LMT
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What is r&d expense?
Research and development expense represents the costs incurred in discovering and developing new products, processes, or technologies.
What is LOCKHEED MARTIN CORP's current r&d expense?
LOCKHEED MARTIN CORP (LMT) annual r&d expense for 2025 was $2.00B, a 25.00% increase from 2024.
What was LOCKHEED MARTIN CORP's r&d expense in 2024?
LOCKHEED MARTIN CORP annual r&d expense for 2024 was $1.60B, a 6.67% increase from 2023.
What was LOCKHEED MARTIN CORP's r&d expense in 2023?
LOCKHEED MARTIN CORP annual r&d expense for 2023 was $1.50B, a 11.76% decline from 2022.
What is LOCKHEED MARTIN CORP's 5-year r&d expense CAGR?
LOCKHEED MARTIN CORP r&d expense grew at a compound annual growth rate (CAGR) of 9.00% from FY2020 to FY2025, going from $1.30B to $2.00B over 5 years.
R&D Expense History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Growing
CAGR+9.0%
FY2020
$1.30B
→
FY2025
$2.00B
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5 years selected
R&D Expense History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2025 | $2.00B | +25.0% | 10-K |
| FY2024 | $1.60B | +6.7% | 10-K |
| FY2023 | $1.50B | -11.8% | 10-K |
| FY2022 | $1.70B | +13.3% | 10-K |
| FY2021 | $1.50B | +15.4% | 10-K |
| FY2020 | $1.30B | +0.0% | 10-K |
| FY2019 | $1.30B | +0.0% | 10-K |
| FY2018 | $1.30B | +8.3% | 10-K |
| FY2017 | $1.20B | +21.5% | 10-K |
| FY2016 | $988.0M | +20.9% | 10-K |
| FY2015 | $817.0M | +11.5% | 10-K |
| FY2014 | $733.0M | +5.2% | 10-K |
| FY2013 | $697.0M | +13.1% | 10-K |
| FY2012 | $616.0M | +5.3% | 10-K |
| FY2011 | $585.0M | -8.5% | 10-K |
| FY2010 | $639.0M | -10.9% | 10-K |
| FY2009 | $717.0M | +2.7% | 10-K |
| FY2008 | $698.0M | - | 10-K |
Company: LOCKHEED MARTIN CORPTicker: LMTSector: OtherIndustry: Guided Missiles & Space Vehicles & PartsView company profile →