HEO vs Lockheed Martin Space: Defense & intelligence compared

November 2026 edition · assessment by Frontier Tech Intelligence

Lockheed Martin Space ranks 5 on the Space 100 with a score of 88; HEO ranks 85 with 66. Lockheed Martin Space is ahead on deployment, production, commercials, progress, positioning, firepower and leverage. Level on technology. HEO is based in Australia, Lockheed Martin Space in Littleton, United States. Lockheed Martin Space: Subsidiary. HEO is named in 15 signals and Lockheed Martin Space in 90.

HEO →

Australia · Space · Applications / Defense & intelligence · heospace.com

HEO sells Non-Earth Imaging services to government and intelligence customers, providing imagery of spacecraft and other objects in orbit.

Space 100 · rank 85 · score 66

Scores, Space (of 10)

Deployment6
Production4
Commercials4
Progress8
Technology8
Positioning8
Firepower6
Leverage6

Darker bar: ahead of the other company on that measure.

Positioning

HEO is an Australian company (Sydney) and the category creator of commercial non-Earth imaging (photographing satellites from other satellites), with seven first-generation camera missions and its Adler Mk2 GEO-hardened camera flying in 2026, plus >50 sensors accessible after a Planet SkySat integration (August 2026). It is the asset-light space-domain-awareness model (cameras in the right place, not big satellites), acquired Satellogic's NewSat-34 (Australia's first sovereign sub-meter imaging asset), and moved its NRO relationship to operational integration (a February 2026 CSO contract). Revenue is estimated at 10-100m (the NRO contract is small-dollar, seven-figure class).

Latest signals

  • Satellogic secured a three-year non-Earth imaging agreement with HEO.Via Satellite
  • BlackSky extended its HEO agreement with a seven-figure annual non-Earth imaging contract.Satellite Evolution
  • BlackSky Technology renewed its HEO partnership and added Gen-3 imagery to the agreement.Payload

15 signals name HEO.

Facts, with sources

  • Impulse Space, Starfish Space, and HEO collaborated on imaging the Mira rendezvousSpace.com
  • [object Object]Payload
  • HEO and Planet Labs partnered to integrate SkySat imagery into HEO’s non-Earth imaging networkPayload

12 facts on file.

Lockheed Martin Space →

Littleton, Colorado, United States · Space · Applications / Defense & intelligence · Subsidiary · lockheedmartin.com

Lockheed Martin builds spacecraft platforms including LM 400, GPS III, OPIR, and missile-warning satellites for government and defense customers.

Space 100 · rank 5 · score 88AI Core · watchlist · score 51Robotics · watchlist · score 49

Scores, Space (of 10)

Deployment8
Production8
Commercials10
Progress9
Technology8
Positioning10
Firepower10
Leverage8

Darker bar: ahead of the other company on that measure.

Positioning

Lockheed Martin's space segment (~$13B annual revenue) has the deepest prime bench in national-security space: Orion (Artemis), GPS III, classified sensor programs, an SDA Tranche 3 win (December 2025), Terran Orbital as its smallsat manufacturing arm, and a HawkEye 360 investment. Its venture arm and Terran absorption show a build-buy-invest triple play. Segment financials are program-scoped (a filings pass owed).

Latest signals

  • ESI Motion is supplying solar array drive electronics to Lockheed Martin’s missile-defense programs.SpaceNews
  • Lockheed Martin selected Contextere to integrate an AI platform into the Royal Canadian Air Force’s CC-130J Hercules fleet.BetaKit
  • Aerospacelab will supply satellite platforms to Lockheed Martin.Space24

90 signals name Lockheed Martin Space.

Facts, with sources

  • Swiss Quantum Innovation Hub at ETH Zurich with IBM and Lockheed Martin backingwww.eu-startups.com — 2026-09-16
  • Army contract for the PrSM Inc 2 systembreakingdefense.com — 2026-09-15
  • Selected Gravitics for a Department of War contract of national importanceGravitics

45 facts on file.

More comparisons

Questions this page answers

HEO or Lockheed Martin Space: which is ahead in space?

Lockheed Martin Space ranks 5 on the Space 100 with a score of 88; HEO ranks 85 with 66. Lockheed Martin Space is ahead on deployment, production, commercials, progress, positioning, firepower and leverage. Level on technology. HEO is based in Australia, Lockheed Martin Space in Littleton, United States. Lockheed Martin Space: Subsidiary. HEO is named in 15 signals and Lockheed Martin Space in 90.

How do HEO and Lockheed Martin Space compare?

Lockheed Martin Space ranks 5 on the Space 100 with a score of 88; HEO ranks 85 with 66. Lockheed Martin Space is ahead on deployment, production, commercials, progress, positioning, firepower and leverage. Level on technology. HEO is based in Australia, Lockheed Martin Space in Littleton, United States. Lockheed Martin Space: Subsidiary. HEO is named in 15 signals and Lockheed Martin Space in 90. Both company files carry the scores on eight measures, the facts with sources and the latest signals.

Every comparison here comes from the same files members use every day.

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