Lockheed Martin Corporation: 10-K Risk Factor Changes

2024 vs 2023  ·  SEC EDGAR  ·  2026-05-22
Other years: 2026 vs 2025 · 2025 vs 2024
⚠ AI-Generated

The summary below was generated by an AI language model and may contain errors or omissions. All other content on this page is deterministically extracted from the original SEC EDGAR filing.

Lockheed Martin removed two macroeconomic risk disclosures from its 2024 10-K: one addressing inflation and adverse economic conditions, and another covering COVID-19 and public health crises. The company substantively modified eight existing risks, with notable revisions to disclosures on acquisition and divestiture execution and F-35 program dependencies, while maintaining 13 risks unchanged and adding no new risk factors.

✓ Deterministic extraction — no AI-generated data

Classification is based on semantic text similarity scoring and may include approximations. “No match” means no high-confidence textual match was found — not necessarily that a section was removed.

0
New Risks
2
Removed
8
Modified
13
Unchanged
🔴 No Match in Current Filing Adverse macro-economic conditions, including inflation, could adversely impact our operating results. 🔒
🔴 No Match in Current Filing The effects of COVID-19 and other potential future public health crises, epidemics, pandemics or similar events on our business, operating results, financial condition and cash flows are uncertain. 🔒
🟡 Modified If we fail to successfully complete or manage acquisitions, divestitures, equity investments and other transactions or if acquired entities or equity investments fail to perform as expected, our financial results, business and future prospects could be harmed. 🔒
🟡 Modified The F-35 program comprises a material portion of our revenue and reductions or delays in funding for this program and risks related to performance, schedule, cost and requirements of the program could adversely affect our performance. 🔒
🟡 Modified Our estimates and projections may prove to be inaccurate and certain of our assets may be at risk of future impairment. 🔒
🟡 Modified Our success depends, in part, on our ability to develop new technologies, products and services and efficiently produce and deliver existing products. 🔒
🟡 Modified We are subject to extensive procurement laws and regulations, including those that enable the U.S. Government to terminate contracts for convenience. Our business and reputation could be adversely affected if we or those we do business with fail to comply with these laws and regulations. 🔒
🟡 Modified Cyber-attacks and other security threats and disruptions could have a material adverse affect on our business. 🔒
🟡 Modified Geopolitical, macroeconomic and public health events and conditions could adversely affect our business, operating results, financial condition and cash flows. 🔒
🟡 Modified Competition and changing procurement policies could adversely affect our business and financial results. 🔒
10 changes in this historical filing

Historical year-over-year comparisons (2024 vs 2023 and earlier) are available on the Pro plan.

Get full access — from $29/month Already a Pro subscriber? View full diff →