Lockheed Martin

Bethesda, Maryland
Capital Goods

Corporate Bias Rating

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Risk Level:

Rating - Danger
High Risk

Summary:

Lockheed Martin is High Risk. The company yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. The company implements race and identity-based policies that replace merit, excellence, and integrity with preferential treatment and outcomes. Lockheed Martin embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues. This approach fails to safeguard free exercise, free speech, and free enterprise.

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Board Bias

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CEO of Lockheed Martin

James D. Taiclet

James D. Taiclet

Summary:

Headquartered in Bethesda, Maryland, Lockheed Martin is a member of the Fortune 250 operating in the Capital Goods industry. James D. Taiclet and James D. Taiclet serve as CEO/President and Chairman, respectively, leading the company’s C-suite executive team and the board of directors. Amongst these teams, the collective leadership is responsible for $452,600 to Republican causes and $251,897 to Democratic causes. Under their tenure, Lockheed Martin currently holds a 'High Risk' risk rating.

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Political Contributions of Leadership:

$452,600

$251,897

Republican

Democrat

Shareholder Proposals

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Date
ESG Category
Proponent
Summary of Resolution
Mgmt Rec
Total Vote % in Favor
5/2/24As You SowReport on Reducing Full Value Chain GHG EmissionsAgainstN/A
5/2/24John CheveddenStockholder proposal requesting a Reduction in Threshold to Call Special Stockholder MeetingsAgainstN/A
5/2/24North Atlantic States Carpenters Pension FundStockholder proposal requesting Director Election Resignation BylawAgainstN/A
5/2/24Sisters of St.Francis of Philadelphia, the Sisters of Charity Saint Elizabeth and the Benedictine Sisters of Mount St. ScholasticaReport on Alignment of Political Activities with Human Rights PolicyAgainstN/A
4/27/23EnvironmentalAs You Sow, on behalf of the Remmer Family Foundation, Inc.Net-zero Targets and Climate Transition PlanningAgainst35.40%
4/27/23GovernanceJohn CheveddenIndependent Board ChairAgainst28.30%
4/27/23SocialSisters Charity of St. ElizabethHuman Rights Impact AssessmentAgainst13.70%
4/21/22GovernanceJohn CheveddenSpecial Meetings - Reduce Ownership Req. to 10%Against46.64%
4/21/22SocialSisters of Charity of St. ElizabethReport on Human Rights Impact AssessmentAgainst20.20%

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