The decision came after a review of the company’s philanthropy guidelines to evaluate its 2014 priorities, The Associated Press reports.
While the BSA’s National Council voted in May to lift the ban on gay Scouts, the organization continued to prevent gay leaders from serving among its ranks.
Lockheed Martin spokesman Johndroe said Lockheed Martin was glad for the change, but opposes the continued ban on gay leaders.
Lockheed follows UPS Inc., Merck & Co. and Intel in cutting ties to the Boy Scouts over its no-gays policy in recent years.
Johndroe said the company decided to end relationships with nonprofits that don’t share its corporate policies or commitment to diversity.
“We believe engaging with and funding an organization that openly discriminates is in conflict with our policies,” he said in a statement. “While we applaud the mission of the Boy Scouts and the good things they do in our communities, their policies that discriminate on the basis of sexual orientation and religious affiliation conflict with Lockheed Martin policies.”
Deron Smith, a spokesman for the Irving-based Boy Scouts, said Lockheed Martin was not a national sponsor but has had a positive impact by supporting Scouting in local communities.
“We respect the company’s right to express its own opinion and appreciate its recognition that Scouting is a valuable organization,” he wrote in an email. “Scouting believes that good people can personally disagree on this topic and still work together to accomplish the common good.”