The company completed the issuance and sale of a total of $1,000,000,000 in senior unsecured notes, consisting of $600,000,000 in 4.700% Notes due 2031 and $400,000,000 in 5.200% Notes due 2055, on December 11, 2024.

1. 01

   The company completed the issuance and sale of a total of $1,000,000,000 in senior unsecured notes, consisting of $600,000,000 in 4.700% Notes due 2031 and $400,000,000 in 5.200% Notes due 2055, on December 11, 2024.

2. 02

   Lockheed Martin said it sold the notes in a public offering on December 4, 2024 under an underwriting agreement with Wells Fargo Securities, LLC, BofA Securities, Inc. and Goldman Sachs & Co. LLC as representatives, using its effective Form S-3 registration statement.

3. 03

   The company said the 2031 Notes mature on December 15, 2031 and the 2055 Notes mature on February 15, 2055. Interest is paid semi-annually in arrears, 2 times a year. The 2055 Notes are additional notes of the $650,000,000 5.200% notes previously issued and are treated as a single series with them.

4. 04

   The company said it intends to use the net proceeds from the Notes offering for general corporate purposes, including pension funding.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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