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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
  • Lockheed meets 2014 target for 36 F-35 deliveries-Pentagon

    Lockheed Martin Corp met its target of delivering 36 F-35 fighter jets to the U.S. government in 2014, paving the way for the firm to collect most of the associated performance fees, a spokesman for the Pentagon's F-35 program office said Monday. The U....
  • Lockheed renews $235M Navy missile launch contract

    Lockheed renews $235M Navy missile launch contract
    The U.S. Navy renewed a $235 million contract with Lockheed Martin for manufacturing missile-firing systems used on warships at a facility in Middle River, the company said Tuesday. The deal extends through 2022 and could be worth as much as $356...
  • Herman hired as Houston coach

    The Sports Xchange EditorsNote: adds quotes and details Herman hired as Houston coach Ohio State offensive coordinator Tom Herman will become the new head coach at the University of Houston, but first he plans to finish his job with the Buckeyes in...
  • Spy satellite launched off California's coast

    Spy satellite launched off California's coast
    A rocket carrying a national defense satellite was launched Friday from Vandenberg Air Force Base. At 7:19 p.m., the Atlas V rocket blasted from the military base just north of Santa Barbara, according to the United Launch Alliance, which built the...
  • Congress OKs bill banning purchases of Russian-made rocket engines

    Congress OKs bill banning purchases of Russian-made rocket engines
    For more than a decade, the United States military has depended on buying Russian-made rocket engines to launch its most crucial satellites. On Friday, Congress said no more. Despite lobbying from a joint venture of Boeing Co. and Lockheed Martin Corp.,...
  • Prosecutor details York County man's "mission" to sell U.S. Navy secrets to Egypt

    Prosecutor details York County man's "mission" to sell U.S. Navy secrets to Egypt
    A federal magistrate judge on Wednesday denied bond for a York County man accused of attempting to steal and send to Egypt designs for the nation's newest and most advanced aircraft carrier. U.S. Magistrate Judge Douglas Miller said there are no...
  • Hampton Roads defense contractors win additional military work

    Hampton Roads defense contractors win additional military work
    Several defense contractors in Hampton Roads have won additional work from the Defense Department in recent weeks. The following list of contract awards is based on Pentagon press releases from Oct. 30 to Dec. 1. Navy Ship repair: General Dynamics...
  • For former jet engineer, retirement equals chance to clean air

    There are those who semi-retire. Those who just never retire. And then there's Bill Simpkin. A former jet and rocket engine engineer with what is now Lockheed Martin, Simpkin, 88, has developed a concept to cut carbon emissions from the country's aged...
  • College football roundup: Heisman finalists named

    The Sports Xchange College football roundup: Heisman finalists named Oregon quarterback Marcus Mariota, Alabama wide receiver Amari Cooper and Wisconsin running back Melvin Gordon were named as the three finalists for the Heisman Trophy on Monday....
  • INSIDE SLANT - Part 1

    The Sports Xchange NCAAF Team Report - Pittsburgh - INSIDE SLANT STRATEGY AND PERSONNEL BOWL BREAKDOWN Scouting the running game: Rushing was the strength of the Pittsburgh offense with RB James Conner averaging 6.0 yards an attempt and nearly 140 for...
  • NASA's Orion completes historic flight, ushers in 'new era'

    NASA's Orion completes historic flight, ushers in 'new era'
    NASA entered a new era of space exploration on Friday when its Orion capsule splashed down in the Pacific Ocean after going farther from the planet than any spacecraft built for humans in more than 40 years. The maiden test flight — made without...