Annual Revenue Comparison: Lockheed Martin Corporation vs Axon Enterprise, Inc.

A Tale of Two Giants: Lockheed Martin vs. Axon Enterprise

In the ever-evolving landscape of the defense and technology sectors, Lockheed Martin Corporation and Axon Enterprise, Inc. stand as titans, each carving its own path to success. Over the past decade, Lockheed Martin has consistently demonstrated its dominance, with annual revenues soaring from $45.6 billion in 2014 to an impressive $67.6 billion in 2023, marking a growth of nearly 48%. Meanwhile, Axon Enterprise, known for its innovative public safety solutions, has experienced a remarkable revenue surge of over 850%, from $164 million in 2014 to $1.56 billion in 2023.

While Lockheed Martin's growth reflects its stronghold in the defense industry, Axon's rapid ascent highlights the increasing demand for technology-driven safety solutions. As we look to the future, the absence of Axon's 2024 data leaves us eagerly anticipating whether it will continue its upward trajectory.