Chairman, President and Chief Executive Officer · LOCKHEED MARTIN CORP (LMT)

James Taiclet

A named executive officer of LOCKHEED MARTIN in every fiscal year CompBrief holds from FY2020 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2025

$23,453,308

FY2021: $18,111,211

1st of 6 named executive officers at Lockheed Martin by FY2025 total.

6 named officers on file for LOCKHEED MARTIN, FY2025

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What this number hides

The filing gives the total. LOCKHEED MARTIN’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

Compensation figures as of the proxy filed March 26, 2026 (DEF 14A).

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James Taiclet compensation by year

LOCKHEED MARTIN Summary Compensation Table · all 3 fiscal years held
In US dollars, as LOCKHEED MARTIN reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2020FY2021FY2025
Salary$915,385$1,742,173$1,751,000
Bonus$0$0$0
Stock awards$18,611,850$10,783,715$13,667,645
Option awards$0$0$0
Non-equity incentive$2,896,200$4,049,200$5,496,300
Pension and deferred compensation$0$0$0
All other$936,934$1,536,123$2,538,363
Total$23,360,369$18,111,211$23,453,308

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: LOCKHEED MARTIN CORP DEF 14A filed March 26, 2026, accession 0000936468-26-000004, and prior-year filings.

How this page was built: the LOCKHEED MARTIN CORP filed document, accession 0000936468-26-000004. Every figure is read from that document and cited to the page and table it appears in. Filed March 26, 2026.

$23.4M
$18.1M
$23.5M
FY20
FY21
FY25
SalaryNon-equity incentiveStock awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
RSU11,417$5,522,060—
RSU11,247$5,439,836—
RSU10,879$5,261,846—
RSU10,364$5,012,756—
RSU9,618$4,651,938—
RSU7,838$3,791,005—

Per the Outstanding Equity Awards at Fiscal Year-End table in LOCKHEED MARTIN CORP's FY2025 proxy; value at the fiscal year-end close, as the company printed it.

LOCKHEED MARTIN’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
James Taiclet · this pageChairman, President and Chief Executive Officer$23,453,308
Kevin O'ConnorSenior Vice President, General Counsel and Corporate Secretary$12,696,720
Frank St. JohnChief Operating Officer$9,861,161
Timothy CahillPresident, Missiles and Fire Control$6,839,089
Jesus MalaveFormer Chief Financial Officer$4,838,865
Evan ScottChief Financial Officer$2,769,284

Board service

LOCKHEED MARTIN board · FY2021–FY2025

How this board is paid

Company policy: LOCKHEED MARTIN pays directors a $170,000 cash retainer and $170,000 in RSUs. As stated in LOCKHEED MARTIN's FY2025 proxy.

The full LOCKHEED MARTIN compensation record

free company brief

This page is one person within LOCKHEED MARTIN's record. The company brief lists every named executive, each linking to their own page.

Peer companies

named in the LOCKHEED MARTIN proxy · each links to its own free brief

Compensation, the day it’s disclosed

The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order LOCKHEED MARTIN's full Executive Compensation Report with peer benchmarking.

How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are LOCKHEED MARTIN's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

James Taiclet's compensation dossier