Lockheed Martinvs.Northrop Grumman
LMT vs NOC · both in Defense integrators, part of the Defense, security & space value chain: The large primes that integrate complete defense systems and platforms.
Lockheed Martin is about 1.6× larger than Northrop Grumman by market cap; Northrop Grumman trades at the lower P/E (16.7 vs 24.9); year to date, Lockheed Martin leads (+8.2% vs −5.4%).
Side by side
| LMT | NOC | |
|---|---|---|
| Market cap | $119B | $76.6B |
| Price | $523.22 | $539.63 |
| Today | +1.0% | +1.4% |
| Return YTD | +8.2% | −5.4% |
| Return 1Y | +12.7% | +5.0% |
| P/E | 24.9 | 16.7 |
| P/S | 1.6 | 1.8 |
| P/B | 16.0 | 4.5 |
Data as of 2026-07-11 · updates daily after U.S. close
The two companies
Lockheed MartinLMT
The world's largest defense contractor — combat aircraft (F-35), missile defense and space systems for the US and allies.
Full LMT profile →Northrop GrummanNOC
American defense group with a focus on strategic systems — bombers (B-21), missiles and space programs.
Full NOC profile →More comparisons in Defense integrators
See where LMT and NOC sit in the full Defense, security & space map — every segment from suppliers to end markets.Open the Defense value chain →