Assessing Climate Change Vulnerabilities Across Lockheed Martin United States Facilities and Selected Segments of the C-130 Supply Chain

Abstract

Risks and impacts associated with climate change can adversely affect companies’ profitability by leading to facility closures, higher operating costs, and supply chain disruptions. Lockheed Martin Corporation, a leading global aerospace and defense company, aims to quantify and prioritize these risks across its facilities and supply chain. Our project explores six climate change-related risks—drought, flood, sea level rise, temperature, water stress, and wildfire—across nine U.S. geographic regions where Lockheed Martin may operate. For each risk, we analyzed historical data and climate projections to determine regional vulnerability scores for current, short-term, and long-term timeframes. We also developed a data visualization tool that allows for the comparison of vulnerability scores across regions. Based on these vulnerability scores, we identified the key risks and geographic regions for Lockheed Martin to prioritize for further risk assessment.