No. 48: Lockheed Martin

Lockheed Martin Logo
Why It’s on the List

In its first year participating, Lockheed Martin jumped onto the DiversityInc Top 50, becoming the third defense contractor on this list. Chairman and CEO Robert Stevens meets with the company’s resource groups every quarter. Executive compensation is linked to diversity metrics, and diversity goals are part of executive-performance reviews. Goals include executive sponsorship of a resource group, being a mentor, involvement with external organizations connected to diversity and retention/engagement in a person’s area of responsibility across racial/ethnic/gender demographics.

More than 60 percent of its managers participate in formal, cross-cultural mentoring programs. The programs have formal follow-up and the top three levels of management participate. Mentoring relationships are evaluated on a yearly basis, and the benefits of participating in the mentoring programs are communicated internally.

The company has more than 100 chapters of resource groups, including a veterans group, a religion group and a Middle Easterner group. The groups are company-wide and a senior executive is a member of each group. Groups are used for talent development, recruitment, mentoring and diversity training.

Lockheed Martin’s diversity training is mandatory for all employees. Its targeted training includes New Employee Orientation, Effective Intercultural Relationships, Managing a Diverse Team, Managing Workforce Generations and Resource Group Leadership Training. Training is offered monthly, and there are metrics in place to assess the success of the trainings.

Diversity Leadership
Robert J. Stevens Photo Robert J. Stevens
Chairman and Chief Executive Officer:“Lockheed Martin’s success over the past 100 years has been built upon the diversity and talent of our employees. The diversity, commitment to excellence and dedication of our 123,000 employees is our greatest strength. By leveraging everyone’s contributions we will help our customers face the global security challenges of the next century.”
Kimberly S. Admire Photo Kimberly S. Admire
Vice President, Diversity, Inclusion and Equal Opportunity Programs:“Lockheed Martin recognizes the importance of creating an inclusive work environment that respects and values everyone’s contributions. It is through the constant pursuit of teamwork, inclusion and innovation from everyone in our workforce that we deliver exceptional value to our customers and shareholders.”
Company Information

U.S. Headquarters: Bethesda, Md.

Global Employees: 123,000

U.S. Employees: 116,973

New to the DiversityInc Top 50 List This Year