2025 U.S.-Booked Air Volume: $195.5M
2025 Global T&E: $436.3M
Primary U.S. Air Suppliers: American, Delta, United
Primary U.S. Hotel Suppliers: Hilton, Hyatt, Marriott
Primary U.S. Car Rental Suppliers: Avis Budget
Primary Global Online Booking Tool: SAP Concur
Primary Global Payment Supplier: U.S. Bank Visa
Primary Expense Supplier: Concur
Global Travel Risk Management Supplier(s): Internal
Consolidated Global TMC: BCD
Global aerospace and defense corporation Lockheed Martin's U.S.-booked air volume in 2025 increased by approximately $21 million year over year to $195.5 million.
The company pursued key travel program initiatives in 2025, including implementing a new global ticket management tool and creating a New to Travel guide. This year, Lockheed Martin intends to develop an AI strategy and conduct a satisfaction survey of its online booking tool and travel management company. The company also expects to begin consuming NDC content within the next couple of years.
Lockheed Martin continued to drive bookings through its preferred online tools, which handled 90 percent of U.S.-booked air tickets in 2025, compared with 89 percent in 2024. Agent-assisted bookings remain limited, accounting for just 3 percent of transactions. Lockheed Martin continues to operate with a single global travel policy. The company updated its rental car policy from intermediate to full-size in 2025 but anticipates no policy changes for 2026.
The company reported net sales in 2025 of $75 billion, a more than 5 percent increase from 2024.
Lockheed Martin employed approximately 123,000 individuals at the end of 2025, an increase from 121,000 in 2024. Approximately 93 percent of Lockheed Martin's workforce are located in the United States.