Lockheed Martin accelerates $300 million this week to supply chain

Lockheed Martin accelerates $300 million this week to supply chain, on-track to hire 12,000 this year, amidst COVID-19 relief & recovery efforts

Bethesda, Md., May 15, 2020 Lockheed Martin continued ongoing efforts to support critical industrial base suppliers, front-line medical workers, and local communities this week for COVID-19 relief and response. 

Supply Chain Commitment

  • As part of our ongoing effort to help our defense industrial base suppliers weather the challenges of the pandemic and following completion of our initial $450 million target, this week we accelerated $300 million to small and vulnerable businesses, as we remain focused on the essential national security work our industry supports.
  • This week we hosted a webinar for nearly 400 small business suppliers with the U.S. Navy focused on sharing information and navigating key resources to support the operations of small business suppliers. 


  • Lockheed Martin has hired over 3,400 employees across the United States since the COVID-19 crisis began. The corporation is on track with our plans to hire 12,000 employees by the end of 2020. 
  • As we continue to adapt to virtual work, our university relations teams remain active, matching new graduates and interns with virtual opportunities to help us drive innovation forward in both technical and non-technical roles. Since the outset of the pandemic, we have honored the full-time offers we extended to thousands of graduating college seniors as well as 2,600 internships we had extended to candidates this year, transitioning as many as possible to virtual roles.

COVID-19 Relief Efforts

  • To date, Lockheed Martin has completed a total of five donated corporate jet missions to support the federal government’s COVID-19 response and relief efforts.
    • This week the company was recognized for its efforts to provide life-saving flights: “The incredible support from Lockheed Martin is a lifeline to our patients. For those awaiting bone marrow transplant, their very survival depends on the on-time delivery of these life-saving cells. By offering flight services, Lockheed Martin is helping us ensure that patients can continue transplantation of the cells they need, exactly when they need them,” said National Marrow Donor Program/Be The Match Chief Policy Officer Brian Lindberg. 

Helping Our Communities

  • Across the country, we have produced more than 50,000 protective gowns and 27,000 face shields and have donated PPE at more than 90 locations where frontline medical workers are caring for COVID-19 patients.
  • We have provided more than 44,000 meals to the needy in local communities surrounding eight Lockheed Martin locations. 
  •  In recent weeks, we have provided more than 1,400 donated iPhones to local hospitals and community organizations across the country. 

About Lockheed Martin

Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 110,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. 

Please follow @LMNews on Twitter for the latest announcements and news across the corporation.

#   #   #

Media Contact:

Jarrod Agen, 301-897-6412, jarrod.p.agen@lmco.com