Lockheed Martin Canada report says company added $3.6 billion to GDP and supported more than 4,500 jobs

The company also generated C$2.4 billion in labour income and C$831 million in government revenues during the period. Lockheed Martin Canada said it engaged more than 1,000 Canadian suppliers, ranging from small and medium-sized enterprises to major Canadian companies.

Lockheed Martin Canada employs more than 1,000 people across seven sites from Victoria to Halifax. The company said its activities support Canadian systems and supplier opportunities across the air, land, maritime and space domains.

“For more than 85 years, Lockheed Martin Canada has supported the country’s defence and security priorities while operating as a long-term Canadian industrial and technology partner,” said Kristen Leroux, vice president and regional executive for Canada and Latin America at Lockheed Martin.

“Contributing $3.6 billion to Canada’s GDP and supporting an average of 4,561 jobs annually over the last five years, is an achievement our teams are proud of,” Leroux said.

Lockheed Martin Canada said its economic impact extends beyond its direct operations through a broad supplier network. The company said this reinforces industrial activity in advanced manufacturing, engineering, digital systems and sustainment services.

The study was described as aligned with Canada’s Defence Industrial Strategy. Lockheed Martin Canada said it provides an evidence-based assessment of how its activities contribute to economic prosperity, industrial capacity and workforce resilience.

The company said participation in global supply chains and export markets is important to Canada’s industrial sustainability. It said its programmes help connect Canadian companies to long-term opportunities to scale production, develop specialised expertise, compete internationally and create highly skilled jobs.

Lockheed Martin Canada also said it invests in people and skills development through co-op programmes, university partnerships and STEM initiatives. The company said these efforts help build talent in advanced defence and technology sectors.

Beyond its economic footprint, Lockheed Martin Canada said it plays a strategic role in defence readiness, industrial resilience and allied interoperability. It said Canadian-developed systems and capabilities support national defence priorities while enabling exports of Canadian sovereign technologies to allied markets.

The company said these activities embed Canadian firms and expertise within long-term international programmes. It added that they support high-value industrial participation over decades.

Headquartered in Ottawa, Lockheed Martin Canada is a wholly owned subsidiary of Lockheed Martin Corporation. The company provides software engineering, systems integration, manufacturing, training and sustainment services for Canada and allied customers.