Lockheed Martin, a major US defence contractor, has established a branch in Lithuania.
The Lithuanian branch of Lockheed Martin Global was registered last week, according to data from the Centre of Registers.
The Lithuanian branch, registered last week under the name Lockheed Martin Global Lithuania, is led by Christine Lee Farmerie, data from the country’s state registry show.
The move follows ongoing efforts by Lithuanian officials to attract investment from US defence companies. In March last year, then-Defence Minister Dovilė Šakalienė met with representatives of Lockheed Martin and other US defence firms, saying Lithuanian companies could replace some suppliers in their supply chains.
Earlier, in January 2024, then-Foreign Minister Gabrielius Landsbergis invited Lockheed Martin to invest in Lithuania. In June, a company delegation visited Vilnius Gediminas Technical University to discuss potential areas of cooperation.
Lockheed Martin reported strong financial results in 2025. The company’s revenue rose 9% year over year in the fourth quarter to $20.3 billion, while net profit increased 2.6 times to $1.34 billion.
By segment, aeronautics revenue grew 6.4% to $8.5 billion, missiles and fire control revenue surged 17.8% to $4 billion, rotary and mission systems revenue increased 8.3% to $4.6 billion, and space systems revenue rose 7.5% to $3.16 billion.
The company’s order backlog reached a record $193.6 billion at the end of 2025, up about 10% from a year earlier.
Keeping track of local market
The country’s investment promotion agency, Invest Lithuania, told BNS that while it does not have details on specific company plans, discussions with Lockheed Martin have been ongoing for some time.
“Opening an office in Lithuania is a practical step that allows the company to participate more closely in decision-making and operations coordination,” said Raminta Kėželė-Navalinskienė, a spokeswoman for Invest Lithuania.
She added that a local presence enables Lockheed Martin to collaborate directly with institutions such as the Ministry of National Defence and the Defence Resources Agency, which is key for planning military acquisitions.
“The local office provides opportunities to better monitor market developments, identify partnership prospects, and engage with the domestic industry. In a context where mergers and acquisitions are increasingly important, being in Lithuania allows the company to assess strategic partners and investment opportunities more consistently,” Kėželė-Navalinskienė said.
In June 2025, Lockheed Martin held an “Industry Days” event in Lithuania, inviting local suppliers to evaluate their capabilities and potential integration into the company’s global supply chains. The firm is also exploring local technologies and solutions that could be incorporated into its weapons systems.
