Lockheed Martin vs Northrop Grumman — CEO Pay Comparison
Jim Taiclet (Lockheed Martin) earns $4.0M more in total compensation than Kathy Warden (Northrop Grumman).
| Metric | Lockheed MartinLMT | Northrop GrummanNOC |
|---|---|---|
| CEO | Jim Taiclet | Kathy Warden |
| Industry | Aerospace & Defense | Aerospace & Defense |
| Total Compensation | $12.0M | $8.0M |
| Base Salary | $1.2M | $800K |
| Stock Awards | $6.0M | $4.0M |
| Option Awards | $1.4M | $960K |
| Non-Equity Incentive | $1.8M | $1.2M |
| Pay-for-Performance Grade | B (69/100) | B (67/100) |
| CEO-Worker Pay Ratio | 120:1 | 80:1 |
| Median Worker Pay | $100K | $100K |
| Say-on-Pay Approval | 92.8% | 85.2% |
| 3yr Total Shareholder Return | +5.7% | +10.8% |
| Revenue | $67.6B | $39.3B |
| Market Cap | $130.0B | $75.0B |
| Employees | 122,000 | 95,000 |
Analysis
Jim Taiclet (Lockheed Martin) earns $12.0M in total compensation, while Kathy Warden (Northrop Grumman) earns $8.0M. That is a difference of $4.0M.
On pay-for-performance alignment, Lockheed Martin scores B (69/100) while Northrop Grumman scores B (67/100). Lockheed Martin's CEO compensation is better aligned with company performance.
Lockheed Martin's CEO-to-worker pay ratio is 120:1 compared to Northrop Grumman's 80:1. Shareholders approved CEO pay at 92.8% (Lockheed Martin) and 85.2% (Northrop Grumman).