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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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Top Lockheed Martin Corp. Articles

Displaying items 1-11
  • Davidsonville's Dignam bound for Boston Marathon

    Davidsonville's Dignam bound for Boston Marathon
    Michael Dignam waited until he was 40 to run his first marathon. Since he's now pushing 50, he figured it was time for another first. The Davidsonville father of four will be one of the privileged 36,000 runners to compete in the Boston Marathon on...
  • Q&A with Florida Gov. Rick Scott on his bid to steal California jobs

    Q&A with Florida Gov. Rick Scott on his bid to steal California jobs
    In his four years as governor of Florida, Republican Rick Scott has spent a good bit of time trying to recruit businesses from other states. Now, he's set his sights on California. On Sunday and Monday, Scott talked up Florida's job growth and education...
  • Sea-Air-Space Exposition displays latest maritime technology

    The 50th annual Sea-Air-Space Exposition kicks off Monday outside of Washington, D.C., attracting major defense contractors, Pentagon officials, analysts and lawmakers in what is billed as the largest maritime exhibition in the U.S. Huntington Ingalls...
  • In-flight mystery: Keesler airmen discover source of illness aboard C-130

    BILOXI, Miss. For years, a strange problem with the U.S. Air Force's C-130 aircraft had pilots and crews reporting sickness, discomfort and, in some cases, excruciating pain after routine flight missions. The phenomenon remained a mystery until February,...
  • Guest column: Maryland has lost its edge

    Guest column: Maryland has lost its edge
    A compelling new report produced by the private-sector Maryland Economic and Business Climate Commission confirms that "Maryland has not nearly reached its potential in growing business and creating jobs." The report is the product of a 21-person...
  • John Hallal: He saw all things, people, with potential

    John Hallal: He saw all things, people, with potential
    From the pit of an orange, John Hallal coaxed a tree nearly 6 feet high. In his Oviedo yard: orange, grapefruit, lemon trees grew. "[His] passion [was] to take something from very little, to nurture it and grow it and make it thrive, just like he did...
  • Budget Cuts Are The Main Threat For Pratt Military Chief

    Budget Cuts Are The Main Threat For Pratt Military Chief
    EAST HARTFORD — Although his jet engine program has struggled through high-profile development hiccups and criticism for its price tag, the head of military engines at Pratt & Whitney said Thursday his major threats are forced cuts to the Pentagon's...
  • NASA Langley joins aviation partners to develop aircraft of future

    NASA Langley joins aviation partners to develop aircraft of future
    NASA is teaming with private aviation partners on ways to use cutting-edge composite materials to build the stronger, lighter aircraft of the future. The Advanced Composites Consortium features NASA Langley Research Center, which manages the agency's...
  • Beyond race, building a movement for economic fairness

    Beyond race, building a movement for economic fairness
    With regard to all the recent public discourse on race and racism, I say this: Highlighting, protesting and reducing instances of excessive force by police is important. Curtailing violent crime among young black men deserves new urgency, especially in...
  • US university, foundation invested in frozen Chinese stocks

    The University of Michigan, defense contractor Lockheed Martin Corp. and a foundation helping Appalachian children all own stakes in an overseas investment fund backing two major Chinese companies, which recently froze their stocks and missed financial...
  • What if Starbucks' 'Race Together' had caught on in corporate America?

    What if Starbucks' 'Race Together' had caught on in corporate America?
    Howard D. Schultz, the chief executive of Starbucks, said in a letter to employees on Sunday that baristas would no longer be encouraged to write the phrase "Race Together" on customers' coffee cups, drawing to a close a widely derided component of the...