< PrevNext > 10. Lockheed Martin Bethesda, Md. Share 2017 U.S.-Booked Air Volume: $203.6 million2017 Global Air Volume: $220.5 million2017 U.S. T&E: $389.7 million2017 Global T&E: $410 millionPrincipal Air Suppliers: American, United & DeltaPrincipal Hotel Suppliers: Marriott, Hilton & InterContinentalPrincipal Car Rental Supplier: Avis Budget GroupPrincipal Global Online Booking Tool: ConcurPrincipal Global Expense Supplier: ConcurPrincipal Payment Supplier: US Bank VisaConsolidated Global TMC: BCDIn 2017, Lockheed Martin brought additional countries into its managed travel program. In 2018, the aerospace and defense contractor completed the global implementation of Concur Travel & Expense and updated its travel policy to streamline across all business areas, including the documentation it requires for Federal Acquisition Regulation exceptions. Lockheed Martin has worked with SAP Concur to meet the unique needs of aerospace and defense companies: flagging flight bookings that could violate the Fly America Act, enabling booking profiles for temporary travelers like job applicants and subcontractors and supporting compliance with the requirements of the Defense Contract Audit Agency.Lockheed Martin's annual revenue rose $3.9 billion in 2017 to $51.1 billion, while annual U.S.-booked air volume rose just $700,000. The company estimates its U.S.-booked air volume will decline by $2.6 million in 2018 to $201 million. Of the company's 2017 U.S.-booked dollar volume, 52 percent was for international travel. The percentage of airline tickets that were made through the organization's approved online tools was 85 percent, and 98 percent of those were transacted without the assistance of an agent. Lockheed Martin has a single travel policy around the globe. The company's card program is configured as individual bill/individual pay.