Lockheed Martin — Ethics Grade D
Lockheed Martin receives an overall ethics grade of D (28/100) on CancelCo's corporate accountability database. Sector: Defense & Aerospace. Market cap: Large Cap.
Category scores
- labor: 55
- privacy: 50
- consumer: 40
- environment: 45
- humanRights: 10
Documented incidents (3)
- Yemen Airstrike Involvement (high, 2018) — Lockheed Martin-made bombs were identified in debris from an airstrike in Yemen that hit a school bus, killing 40 children. This sparked global condemnation of its exports to the Saudi-led coalition.
- Blocked Aerojet Merger (medium, 2022) — The FTC blocked Lockheed's attempted acquisition of Aerojet Rocketdyne, arguing it would eliminate competition in the solid rocket motor market and stifle innovation in the defense sector.
- F-35 Logistics Overbilling (medium, 2019) — A government audit found that the company potentially overcharged the Pentagon for F-35 fighter jet parts, with thousands of parts failing to meet contract standards.
Documented good deeds
- Fusion Energy Research — Investing in Compact Fusion research which aimed to create a sustainable, zero-carbon energy source for civil use.
Ethical alternatives
- Orbital Insight — Focuses on satellite imagery and geospatial analytics for humanitarian and commercial monitorings.