Lockheed Martin (FRA:LOM) Construction In Progress : €0 Mil (As of Mar. 2024)

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What is Lockheed Martin Construction In Progress?

Lockheed Martin's quarterly construction in progress increased from Sep. 2023 (€0 Mil) to Dec. 2023 (€1,908 Mil) but then declined from Dec. 2023 (€1,908 Mil) to Mar. 2024 (€0 Mil).

Lockheed Martin's annual construction in progress increased from Dec. 2021 (€1,682 Mil) to Dec. 2022 (€1,922 Mil) but then declined from Dec. 2022 (€1,922 Mil) to Dec. 2023 (€1,908 Mil).

Lockheed Martin Construction In Progress Historical Data

The historical data trend for Lockheed Martin's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Lockheed Martin Construction In Progress Chart

Lockheed Martin Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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1,530.90

1,579.06

1,681.50

1,921.98

1,908.28

Lockheed Martin Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															-	-	-	1,908.28	-

Lockheed Martin Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Lockheed Martin (FRA:LOM) Business Description

Industry

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Address

6801 Rockledge Drive, Bethesda, MD, USA, 20817

Website

https://www.lockheedmartin.com

Lockheed Martin is the world's largest defense contractor and has dominated the Western market for high-end fighter aircraft since it won the F-35 Joint Strike Fighter program in 2001. Lockheed's largest segment is aeronautics, which derives upward of two-thirds of its revenue from the F-35. Lockheed's remaining segments are rotary and mission systems, which is mainly the Sikorsky helicopter business; missiles and fire control, which creates missiles and missile defense systems; and space systems, which produces satellites and receives equity income from the United Launch Alliance joint venture.

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