Did the Lockheed Martin CEO Get a Raise?
Lockheed Martin has disclosed only one comparable year of CEO compensation for Jim Taiclet so far, so a year-over-year raise or cut cannot yet be computed.
This page answers a common executive-compensation question: Did the Lockheed Martin CEO Get a Raise?. The answer draws on SEC DEF 14A proxy statements, the public disclosure mechanism for U.S. public-company executive pay. Every public company must file an annual proxy statement disclosing CEO and named-executive-officer compensation in detail. Why this matters for shareholders: executive compensation is the single most-disclosed governance metric at U.S. public companies, and the Dodd-Frank-mandated say-on-pay vote gives shareholders an explicit channel to express approval or dissent. Reading pay data well — including pay-versus-performance, peer-group selection, and time-vesting structures — is a basic part of stock-by-stock fundamental analysis.
The detailed answer below uses the actual proxy-statement filings, explains how to read them, and translates the executive-compensation accounting into the shareholder-relevant interpretation.
Lockheed Martin has disclosed only one year of comparable CEO compensation for Jim Taiclet so far, so a year-over-year raise or cut cannot yet be computed. The figure will become comparable once the next DEF 14A proxy statement is filed.
Whether a raise is warranted ties back to performance: Lockheed Martin posted a 5.7% three-year total shareholder return on 5.4% revenue growth, and the package carries a CEOPay Pay-for-Performance grade of B (69/100).
Compensation Detail
| Component | Amount |
|---|---|
| Total Compensation | $18,111,211 |
| Base Salary | $NaN |
| Stock Awards | $NaN |
| Option Awards | $NaN |
| Non-Equity Incentive | $NaN |
| CEO-to-Worker Pay Ratio | 181:1 |
| Pay-Performance Grade | B |
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Frequently Asked Questions
Lockheed Martin has disclosed only one comparable year of CEO compensation for Jim Taiclet so far, so a year-over-year raise or cut cannot yet be computed.
Jim Taiclet, CEO of Lockheed Martin, earned $18.1M in total compensation in 2021, including $NaNM in stock awards and $NaN in base salary.
In 2021, total compensation of $18,111,211 was composed of $NaN base salary, $NaN cash bonus, $NaN stock awards, $NaN option awards, and $NaN in non-equity incentive compensation.
Our Pay-for-Performance Score rates Lockheed Martin as B (69/100), based on three-year total shareholder return of 5.7%, revenue growth of 5.4%, and shareholder say-on-pay vote approval.
Jim Taiclet is the chief executive officer of Lockheed Martin (LMT).
More about Lockheed Martin
Lockheed Martin has disclosed only one comparable year of CEO compensation for Jim Taiclet so far, so a year-over-year raise or cut cannot yet be computed.
Source: SEC EDGAR DEF 14A proxy statements, 2026.