Lockheed Martin is the largest defense contractor in the world and is the undisputed leader in next-generation fighter aircraft, after being awarded the F-35 program in 2001. Total sales for Lockheed in 2016 stood at $47.2 billion. Aeronautics is the largest business segment, accounting for about 38% of 2016 sales. The remainder of the company's sales are generated by mission systems and training (28.5%), space systems (20%), and missiles and fire control (14%).
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