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What type of stakeholder strategy should Lockheed Martin pursue? Why? Lockheed Martin operates in the arms industry which manufactures and sells weapons and military technology.

What type of stakeholder strategy should Lockheed Martin pursue? Why?

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Lockheed Martin operates in the arms industry which manufactures and sells weapons and military technology. The global arms industry is highly consolidated with few key players including Lockheed Martin, Northrop Grumman, and Boeing. Lockheed Martin serves both U.S. and international customers with products and services that have defense, civil and commercial applications, with its principal customers being agencies of the U.S. Government. Its main areas of focus are on defense, space, intelligence, homeland security and information technology. The company contracts with numerous U.S. Government agencies and entities, principally all branches of the U.S. military and NASA. It also contracts with similar government authorities in other countries, and they regulate its non-foreign military sales international sales. It must comply with, and are affected by, laws and regulations relating to the formation, administration and performance of U.S. Government and other governments' contracts, including foreign governments. Questions: What type of stakeholder strategy should Lockheed Martin pursue? Why

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