On March 25, 2024, Lockheed Martin Corporation announced that it has received a shareholder proposal from John Chevedden, asking the Company board to take the steps necessary to give the owners of a combined 15% of the Company outstanding common stock the power to call a special shareholder meeting. In addition, the Company urged the shareholders to vote against the shareholder proposal at its annual general meeting of shareholders scheduled to be held on May 2, 2024.