Lockheed Martin Adds $2.25 Billion Credit Facility, Extends $3 Billion Revolver

Lockheed Martin entered into a new $2.25 billion, 364-day unsecured revolving credit facility with a lender group led by Bank of America as administrative agent, replacing its prior facility without an early termination penalty; no borrowings were made at closing. The company also extended its existing $3.0 billion revolving credit agreement by one year to August 24, 2031, strengthening available liquidity for corporate purposes and commercial paper support.