Cost of Revenue: Key Insights for Lockheed Martin Corporation and Booz Allen Hamilton Holding Corporation

Cost of Revenue: A Comparative Analysis

In the ever-evolving landscape of defense and consulting, Lockheed Martin Corporation and Booz Allen Hamilton Holding Corporation stand as titans. From 2014 to 2024, Lockheed Martin's cost of revenue has shown a steady increase, peaking at approximately $64 billion in 2024, marking a 60% rise over the decade. Meanwhile, Booz Allen Hamilton's cost of revenue surged dramatically by nearly 200%, reaching over $8 billion in 2024. This growth reflects the increasing demand for defense and consulting services in a complex global environment.

Key Insights

• Lockheed Martin: Consistent growth with a focus on innovation and defense contracts.
• Booz Allen Hamilton: Rapid expansion, highlighting its strategic consulting prowess.
  This data underscores the dynamic nature of these industries, where strategic investments and market demands drive financial outcomes.