The Lacuna Project

lacuna (n.) a gap in a record where something should be

Independent research. Not affiliated with any government, agency, or company.

Company

Lockheed Martin

Documented money flows

Findings that rest on exhibits naming this entity

  • DEF-1.3: The Congressional Research Service reported that five companies received 30 percent of Department of Defense contract obligations in fiscal year 2024, out of $445 billion: Lockheed Martin, RTX, Boeing, Northrop Grumman and General Dynamics.
  • DEF-1.7: DoD estimates the F-35 will cost over $2 trillion to buy, operate and sustain, including about $1.58 trillion for sustainment, which rose 44 percent from 2018 to 2023. GAO reported in 2026 that the F-35 mission capable rate fell from 67 to 44 percent between fiscal years 2021 and 2025.
  • DEF-1.9: In fiscal years 2021 to 2025 Lockheed Martin, RTX and Northrop Grumman each paid more in share repurchases and dividends than they reported spending on company-funded research and development, in company-wide figures that include commercial work.
  • DEF-1.10: The original Lobbying Disclosure Act quarterly reports for 2019 to 2025, summed, show Lockheed Martin, RTX, Boeing, General Dynamics and Northrop Grumman together reporting $519.7 million in lobbying, between $68.9 million and $81.2 million a year, in company-wide figures for all issues.
  • INF-1.3: Proxy statements filed from January to September 2026 list at least one of Vanguard, BlackRock and State Street as holding more than 5 percent of the common stock of each of 17 companies: eight media, five pharmaceutical and four defense. The listed stakes run from 5.1 to 14.9 percent, and 14 of the 17 proxies cite at least one Schedule 13G filed between January and April 2024, so the percentages describe holdings on dates from 31 December 2023 to 30 June 2026.
  • DEF-4.9: The fiscal year 2025 donor lists of the Center for Strategic and International Studies and the Center for a New American Security name Lockheed Martin, Northrop Grumman, General Dynamics, Boeing and RTX among their corporate donors, in published dollar bands.

Exhibits naming this entity

  • Exhibit 337 15 April 2024. U.S. Government Accountability Office: F-35 Sustainment: Costs Continue to Rise While Planned Use and Availability Have Decreased (GAO-24-106703)
  • Exhibit 340 2026-11-09. U.S. Department of the Treasury (USAspending.gov API): USAspending query: DoD contract obligations by recipient, FY2019 to FY2025
  • Exhibit 341 2026-11-09. U.S. Securities and Exchange Commission (data.sec.gov): SEC XBRL company facts for Lockheed Martin, RTX, Boeing, General Dynamics, Northrop Grumman
  • Exhibit 342 2026-11-09. U.S. Congress (Lobbying Disclosure Act database, lda.gov): Lobbying Disclosure Act query: quarterly reports naming five prime contractors, 2019 to 2025
  • Exhibit 346 June 2026. U.S. Government Accountability Office: F-35 Sustainment: Actions Needed to Ensure Updated Strategy Improves Persistent Readiness Challenges (GAO-26-108113)
  • Exhibit 372 FY2025 (1 October 2024 to 30 September 2025). Center for Strategic and International Studies: CSIS Our Donors: Corporations (Fiscal Year 2025)
  • Exhibit 373 FY2025. Center for a New American Security: CNAS Supporters (contributions 1 October 2024 to 30 September 2025)
  • Exhibit 971 26 March 2026. Lockheed Martin Corporation: Lockheed Martin Corporation definitive proxy statement (DEF 14A), security ownership table