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Form 8-K · Current Report · Filed 2024-05-24

Lockheed Martin Announces Resignation of Board Member Ilene S. Gordon

On May 21, 2024, Ilene S. Gordon notified the Board of Directors of Lockheed Martin Corporation that she would be resigning from the Board of Directors, effective May 24, 2024. Her resignation does not involve any disagreements on matters relating to the Company's operations, policies, or practices. The Company expressed gratitude for Gordon's eight years of service, including her leadership as the chair of the Management Development & Compensation Committee from 2019 to 2023.

Filer
Lockheed Martin Corporation LMT · NYSE
Filed
Accession
0000936468-24-000066
CIK
0000936468
Signal
Medium impactIndustrials

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

Board Member Departure

Market reaction

Close before filing

$467.08

Next session

-1.8%

Since filing

+24.8%

Latest close

$582.74

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from LMT reporting the same item, with the next session's move:

About Lockheed Martin Corporation

Lockheed Martin Corporation is a prominent player in the aerospace, defense, and security sectors, globally recognized for its advanced technology and innovation. Primarily engaged in the research, design, development, manufacture, and integration of advanced technology systems, Lockheed Martin plays a crucial role in supporting national and international security. The company's extensive portfolio includes aeronautics, rotary and mission systems, space systems, and missiles and fire control. Its aeronautics division is renowned for producing fighter jets like the F-35 Lightning II and the F-22 Raptor, while its space segment focuses on satellite systems and space exploration initiatives. Lockheed Martin serves a diverse clientele, including the U.S. Department of Defense, allied nations, civil markets, and commercial clients, leveraging its vast technological capabilities to enhance security and defense infrastructures. With a significant presence across the globe, Lockheed Martin Corporation not only fosters innovation in defense but also impacts critical areas such as cybersecurity, energy, and logistics, solidifying its integral role in the defense industry.

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