A Decade of Revenue Growth: Lockheed Martin vs. Booz Allen Hamilton

In the competitive landscape of defense and consulting, Lockheed Martin Corporation and Booz Allen Hamilton Holding Corporation have showcased remarkable revenue growth over the past decade. From 2014 to 2024, Lockheed Martin's revenue surged by approximately 56%, reaching an impressive $71 billion. Meanwhile, Booz Allen Hamilton experienced a robust 95% increase, climbing to over $10 billion.

Key Insights

• Lockheed Martin: The aerospace giant consistently expanded its revenue, with notable growth spurts in 2019 and 2023, reflecting its strategic advancements in defense technology.
• Booz Allen Hamilton: The consulting powerhouse demonstrated steady growth, particularly from 2020 onwards, as it capitalized on the increasing demand for cybersecurity and digital solutions.

This comparison highlights the dynamic nature of these industries, where innovation and strategic positioning drive financial success.