CEO Salary & Executive Compensation
Lockheed Martin LMT
CEO: Jim Taiclet · Aerospace & Defense · 122,000 employees
Jim Taiclet, CEO of Lockheed Martin (LMT), earned $12.0M in total compensation in 2025. Lockheed Martin receives a Pay-for-Performance grade of B (69/100), with a CEO-to-worker pay ratio of 120:1 and a say-on-pay shareholder approval of 92.8%. The company's 3-year total shareholder return is +5.7%.
How Lockheed Martin CEO Pay Compares
Jim Taiclet's $12.0M total compensation is 0% below the Aerospace & Defense industry median of $12.0M. The 120:1 CEO-to-worker pay ratio is 3% higher than the industry average of 117:1.
Total compensation for Jim Taiclet at Lockheed Martin (LMT) was $12.0M. Mid-cap public-company CEO packages tend to track this pattern — equity-heavy, multi-year vesting, performance-tied.
The CEO-to-median-worker pay ratio runs 120x. Lower ratios typically reflect companies with higher-paid workforces (financial services, technology, professional services) where the median worker pay denominator is itself substantial. Three-year performance has been roughly flat — TSR of 5.7% alongside 5.4% revenue growth. Flat performance over a multi-year window is where pay-versus-performance debates get the most heated: large compensation packages without commensurate shareholder returns are the modal complaint at annual meetings.
Shareholders supported the compensation package at 93% on the most recent say-on-pay vote. Solid support without overwhelming endorsement is the typical pattern for established public companies with conventional compensation programs. Lockheed Martin operates in Aerospace & Defense with 122,000 employees and $67.6B in annual revenue, and currently carries a market capitalization of $130.0B. Pay comparisons across companies require controlling for these structural factors — a $20M package at a $10B-revenue tech company reads differently than the same package at a $1B-revenue industrial.
Source: SEC EDGAR — DEF 14A proxy statements for Lockheed Martin (LMT).
Compensation Breakdown
Jim Taiclet's $12.0M total compensation package for fiscal year 2025 includes $1.2M in base salary, $6.0M in stock awards, $1.4M in option awards, and $1.8M in bonus and non-equity incentives.
Compensation History
| Year | Salary | Bonus | Stock Awards | Options | Non-Equity | Other | Total |
|---|---|---|---|---|---|---|---|
| 2025 | $1.2M | - | $6.0M | $1.4M | $1.8M | $1.3M | $12.0M |
| 2024 | $1.2M | - | $6.0M | $1.4M | $1.8M | $1.3M | $12.0M |
| 2023 | $1.2M | - | $6.0M | $1.4M | $1.8M | $1.3M | $12.0M |
| 2022 | $1.2M | - | $6.0M | $1.4M | $1.8M | $1.3M | $12.0M |
All compensation data is sourced from SEC DEF 14A proxy filings submitted to EDGAR. The Economic Policy Institute's CEO pay analysis provides additional context on executive compensation trends across industries.
Named Executive Officers
Peer CEO Compensation
Jim Taiclet, CEO of Lockheed Martin (LMT), earns $12.0M in total compensation. This includes base salary, stock awards, option awards, and other incentives as reported in the company's most recent DEF 14A proxy statement.
Frequently Asked Questions
Jim Taiclet, CEO of Lockheed Martin (LMT), earns $12.0M in total compensation. This includes base salary, stock awards, option awards, and other incentives as reported in the company's most recent DEF 14A proxy statement.
Lockheed Martin has a Pay-for-Performance Score of B (69/100). The company's 3-year total shareholder return is +5.7%, and the say-on-pay shareholder vote passed with 92.8% approval.
The CEO-to-median-worker pay ratio at Lockheed Martin is 120:1. The median worker at Lockheed Martin earns $100K per year, while CEO Jim Taiclet earns $12.0M in total compensation.
Lockheed Martin employs approximately 122,000 people. The company operates in the Aerospace & Defense industry within the Industrials sector, generating $67.6B in annual revenue.