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Lockheed Martin Corp.

Lockheed Martin Corp.
Lockheed Martin Corp. is the nation's largest defense contractor. Lockheed Martin employs nearly 11,000 employees, more than half of them (6,500) in metro Orlando, where it is Central Florida's largest industrial employer.

Lockheed Martin produces some of the most sophisticated military hardware in the world at its Orlando operations, which include the following (in order of size): Lockheed Martin Missiles & Fire Control; Lockheed Martin Simulation, Training & Support; and Lockheed Martin Enterprise Information Systems. The missiles unit is known worldwide for its production of guided missiles, weapons targeting and aircraft night-vision navigation systems. The simulation division i...
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Lockheed Martin Corp. is the nation's largest defense contractor. Lockheed Martin employs nearly 11,000 employees, more than half of them (6,500) in metro Orlando, where it is Central Florida's largest industrial employer.

Lockheed Martin produces some of the most sophisticated military hardware in the world at its Orlando operations, which include the following (in order of size): Lockheed Martin Missiles & Fire Control; Lockheed Martin Simulation, Training & Support; and Lockheed Martin Enterprise Information Systems. The missiles unit is known worldwide for its production of guided missiles, weapons targeting and aircraft night-vision navigation systems. The simulation division is a global player in high-tech training systems for air and ground combat forces and commanders. The enterprise unit is Lockheed's computer tech services operation for the entire corporation.

Nationwide, the Bethesda, Md.-based company is known for producing military aircraft, missiles, rockets, advanced electronics, satellites and NASA systems (including production of the space shuttle's external fuel tank). Lockheed posted more than $2.5 billion in profit on sales of nearly $40 billion in 2006. It has 140,000 employees worldwide, including New York, Texas, Florida, California and other major states.

Lockheed Martin formed in 1995 from the merger of Lockheed Corp. and Martin Marietta Corp., during an era of dramatic consolidation in the defense industry after the end of the Cold War with the former Soviet Union. Prior to the Lockheed Martin merger, Lockheed was based in Calabasas, CA., and Martin was based in Bethesda. Martin Marietta's predecessor --The Glenn Martin Co.-- opened a missiles factory in Orlando in 1957, creating 2,700 jobs in what was then just a citrus town.
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  • Philip D. Snodgrass

    Philip D. Snodgrass
    Philip D. Snodgrass, who was an assistant general counsel at the National Federation of Federal Employees and a 2005 graduate of Dulaney High School, was killed Monday in downtown Washington when he was hit by a speeding motorist.
  • Justices signal support for investors in 401(k) lawsuits

    The Supreme Court appeared likely Tuesday to make it easier for participants in employee retirement plans to challenge companies' investment decisions that eat into retirement savings. The justices heard arguments in an appeal filed by current and former...

    Rep. Granger urges Obama to send arms owed to Egypt

    WASHINGTON Rep. Kay Granger, R-Texas, is pushing the White House to release weapons systems, especially F-16 fighter jets, to Egypt as well as aid to Jordan and the Iraqi Kurds, as the region warily eyes the military intentions of the Islamic State. In a...

    Israel announces purchase of 14 more F-35 fighter jets

    Israel said Sunday it will purchase 14 additional next-generation F-35 fighter jets for approximately $3 billion. The deal adds to the fleet of 19 U.S-made jets already purchased in 2010, the Defense Ministry said. The recent signing with Lockheed Martin...

    Being taxpayers at a time when big bills come due

    Being taxpayers at a time when big bills come due
    Nobody asked me, but if members of the Baltimore City Council are shocked that the schools are running up a $60 million budget deficit, then some of them need to be shocked by voters in the next city primary (April 5, 2016). That said — and it...