LMT credit-agreement Amendment No.2 dated August 28, 2025 filed

Rhea-AI Filing Summary

Lockheed Martin Corporation filed an 8-K reporting execution of Amendment No. 2 to its credit agreement dated August 28, 2025. The amendment names the lenders and Bank of America, N.A. as administrative agent. The filing includes an interactive Inline XBRL cover page and is signed on behalf of the registrant by John E. Stevens on August 29, 2025. No financial tables, earnings data, or other transaction details are provided in the disclosed excerpt.

Positive

• Amendment No. 2 to the credit agreement was executed and formally filed
• Bank of America, N.A. is identified as the administrative agent in the amendment

Negative

• None.

Insights

Corporate Treasurer

TL;DR: A formal amendment to the company credit agreement was executed and filed.

The filing confirms that Amendment No. 2 to the existing credit agreement was signed on August 28, 2025 with the lenders and Bank of America, N.A. named as administrative agent. This indicates a documented change to the company's lending arrangements.

This document excerpt does not disclose the amendment's economic terms, covenants, maturity or sizing changes, so its effect on liquidity, covenant headroom, or debt cost cannot be assessed from the text provided. Watch for the full exhibit or a follow-up filing for specific changes to credit capacity or covenant language in the near term.

Credit Markets Analyst

TL;DR: The amendment is material to credit documentation but terms are undisclosed here.

The filing records the administrative details of a credit-agreement amendment executed on August 28, 2025, which is relevant to lenders and investors monitoring contract changes. Naming of the administrative agent is explicitly stated as Bank of America, N.A..

Because no pricing, covenant revisions, or facility amounts are included in the excerpt, the investor-impact assessment is incomplete. Investors should review the complete amendment exhibit or subsequent disclosures for any covenant relief, borrowing-capacity changes, or maturity adjustments.

LOCKHEED MARTIN CORP false 0000936468 0000936468 2025-08-28 2025-08-28

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 28, 2025

LOCKHEED MARTIN CORPORATION

(Exact name of registrant as specified in its charter)

Maryland		1-11437		52-1893632
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

6801 Rockledge Drive
Bethesda, Maryland		20817
(Address of principal executive offices)		(Zip Code)

(301) 897-6000

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol		Name of each exchange on which registered
Common Stock, $1 par value		LMT		New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 1.01. Entry Into a Material Definitive Agreement.

On August 28, 2025, Lockheed Martin Corporation (the “Company”) entered into Amendment No. 2 to Credit Agreement (the “Amendment”), which amends the Company’s existing $3.0 billion Revolving Credit Agreement, dated as of August 24, 2022, among the Company, as borrower, the lenders listed therein (the “Lenders”), JPMorgan Chase Bank, N.A., as syndication agent, Citibank, N.A., Crédit Agricole Corporate and Investment Bank, Mizuho Bank, Ltd. and Wells Fargo Bank, National Association, as documentation agents, and Bank of America, N.A., as administrative agent (as previously amended, the “Credit Agreement”). The Amendment, among other things, extends the maturity date of the Credit Agreement by one year from August 24, 2029 to August 24, 2030 and removes the 10 basis point credit spread adjustment to “Term SOFR” borrowings. Except as amended by the Amendment, the terms of the Credit Agreement remain in full force and effect.

The foregoing description of the Amendment is qualified by reference to the full text of the Amendment, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.

In the ordinary course of their respective businesses, one or more of the Lenders, or their affiliates, have or may have various relationships with the Company and the Company’s subsidiaries involving the provision of a variety of financial services, including cash management, commercial banking, investment banking, trust or agency, foreign exchange, advisory or other financial services, for which they received, or will receive, customary fees and expenses.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.		Description
10.1		Amendment No. 2 to Credit Agreement dated as of August 28, 2025, among Lockheed Martin Corporation, the lenders listed therein, and Bank of America, N.A., as administrative agent.
104		Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

						Lockheed Martin Corporation
						(Registrant)
Date: August 29, 2025				By:		/s/ John E. Stevens
						John E. Stevens
						Vice President and Chief M&A and Securities Counsel

FAQ

What did Lockheed Martin (LMT) disclose in this 8-K?

Amendment No. 2 to its credit agreement dated August 28, 2025 was executed and filed, and the filing is signed on August 29, 2025 by John E. Stevens.

Does the filing disclose financial terms or covenant changes for LMT's credit agreement?

No. The provided excerpt does not include any financial terms, covenant revisions, facility sizes, or pricing details.

Who is the administrative agent named in the amendment?

The amendment names Bank of America, N.A. as the administrative agent.

When was Amendment No. 2 to the credit agreement dated and filed?

The amendment is dated August 28, 2025 and the filing shows a signature dated August 29, 2025.