Vanguard Capital Management LLC Acquires 6.99% Stake in Lockheed Martin Corp

On April 30, 2026, Vanguard Capital Management LLC filed a Schedule 13G with the SEC, reporting a new significant ownership stake in Lockheed Martin Corp (LMT). As of the event date on March 31, 2026, Vanguard disclosed beneficial ownership of 16,111,934 shares of common stock, representing a 6.99% stake in the aerospace and defense company. This position is valued at approximately $8.26 billion based on provided data. The filing indicates that Vanguard holds sole dispositive power over all 16,111,934 shares, while maintaining sole voting power over 2,046,446 shares. The filing was made under Rule 13d-1(b), identifying Vanguard as an Investment Adviser. The reported holdings include shares managed by various Vanguard affiliates, including Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. Vanguard certified that the shares were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. This filing marks a significant increase from a previous 0% ownership level, establishing Vanguard as a major institutional shareholder.