Making a Difference
It is Lockheed Martin policy from the top that its business areas will conduct socioeconomic subcontracting programs in recognition of compelling moral, social and economic necessity.
For the United States requirements, it is also the corporation's policy to facilitate the achievement of its negotiated subcontracting goals by developing the capabilities of, and pursuing opportunities to award subcontracts and other procurements to small and small disadvantaged businesses, HUBZone, women- and veteran-owned businesses, and service disabled veteran-owned businesses. Our program also promotes the utilization of suppliers with disabilities, the LGBT community, historically black and tribally owned colleges and universities, and other minority institutions as well as those we work with globally.
Not sure if your company is a U.S. small business?
View the small business reference guide section. International suppliers should learn about their country's requirements and contacts through websites listed on their respective International page. United Kingdom suppliers should send an email message describing their capabilities to firstname.lastname@example.org for additional in-country visibility.
Meet the Team
2022 Upcoming Events Calendar
Please visit this page again to see where our small business representatives will be for national and local events.
|Jan. 31 - Feb. 2||National 8(a) 2022 National Small Business Conference
|March 9-10||U.S. Women’s Chamber of Commerce National Small Business Federal Contracting Summit||DC Hybrid Spring|
|May 23-26||Reservation Economic Summit||Las Vegas, NV
|July 26-28||Veteran Institute for Procurement AEROSPACE Training||Bethesda, MD|
Did You Know?
Lockheed Martin is a proud supporter of the United States Small Business Administration's SupplierPay initiative. SupplierPay is a partnership with the private sector to strengthen small businesses by increasing their working capital, so they can grow their businesses and hire more workers. SupplierPay requires federal agencies to expedite payments to small business contractors with the goal of paying within 15 days. Since taking the pledge in 2014, Lockheed Martin has been committed to making payments 15 days after receipt of goods, services and invoice to small businesses.
As your company’s size status is registered in our Exostar system, you do not need to take any action to pursue accelerated payment. Please note, accelerated payments will not be provided to suppliers using the LM Fieldglass system as those payment terms are negotiated based on value and benefit to our customers. In addition, making accelerated payments does not change the negotiated payment terms or any other terms of contracts between our companies.
The goals of the U.S. government and of Lockheed Martin are to support our country’s small businesses with the financial support needed to empower growth and strengthen financial stability. If you have a question concerning accelerated payments, please contact your Lockheed Martin procurement representative or contact us here.
Awards & Recognition
• BEST OF THE BEST for Top Employer
• BEST OF THE BEST for Supplier Diversity Programs
• America’s Top 50 Corporations for Multicultural Business Opportunities. One of Omni50.