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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 100-110
  • SpaceX reaches milestone in rocket launch from Cape Canaveral

    SpaceX reaches milestone in rocket launch from Cape Canaveral
    With a thunderous roar, a 224-foot rocket carrying a massive satellite launched from Cape Canaveral and blasted into outer space, hurtling over the Atlantic Ocean as it cut across the night sky. On Tuesday, Hawthorne rocket maker SpaceX lifted the SES-8...
  • SpaceX scrubs rocket launch at Cape Canaveral over technical issues

    SpaceX scrubs rocket launch at Cape Canaveral over technical issues
    After suffering through various technical issues with its Falcon 9 rocket, Hawthorne rocket maker SpaceX canceled its scheduled launch from Cape Canaveral. The company is targeting Thursday at 2:38 p.m. PST for its next launch attempt. SpaceX,...
  • Watch SpaceX launch telecommunications satellite from Cape Canaveral

    Watch SpaceX launch telecommunications satellite from Cape Canaveral
    [Updated 3:50 p.m. PST Nov. 25: SpaceX said it has canceled the planed launch because of technical issues. It has rescheduled the launch for Thursday at 2:38 PST. See the follow-up story here.]  Hawthorne rocket maker SpaceX is preparing to launch an...
  • The college-for-all model isn't working

     The college-for-all model isn't working
    Instead of going through Congress and making the initiative bipartisan, President Obama acted alone in mid-November, promising $100 million in grants to specialized high schools — such as New York City's Pathways in Technology Early College High...
  • Lockheed trims layoffs after Pentagon recalls furloughed workers

    Lockheed trims layoffs after Pentagon recalls furloughed workers
    WASHINGTON -- Defense giant Lockheed Martin Corp. said Monday it would reduce its planned layoffs to 2,400, after the Pentagon recalled most of the civilian workers it had furloughed because of the partial federal government shutdown. The move came...
  • Charm City Concierge to support tenants within The Gate at APG

    Charm City Concierge has been chosen by St. John Properties to support the approximately 45 companies within The GATE project at Aberdeen Proving Ground, with a full complement of business and personal concierge services. St. John Properties has...
  • Tracing the DNA of Orlando's LensAR

    Tracing the DNA  of Orlando's LensAR
    After a shakeout in recent years, Central Florida's laser eye-surgery technology industry – once bustling with many companies – has only a few left today. But one of them, LensAR Inc., is gaining prominence on a global scale. Orlando-based...
  • Chart: Top employers

    ++++++++++++++++++++ || Rank || Rank '12 || Company (Local subsidiary) || 2013 Full-time || 2013 Part-time || 2013 Total || 2012 Total || || 1 || 1 || Walt Disney Co. (Walt Disney World) || 43700 || 26200 || 69900 || 66700 || || 2 || 2 || Adventist...
  • Simulation-training contractors court global customers at trade show

    Simulation-training contractors court global customers at trade show
    Showcasing everything from virtual fighter jets to virtual surgery, Central Florida defense contractors cast a wider net Tuesday to haul in new customers at the country's largest military-training trade show. With U.S. military agencies battling major...
  • Lockheed Martin looks to grow health care role

    Lockheed Martin looks to grow health care role
    Lockheed Martin, a government contractor best known for its fighter jets, formally opened a health care center in Baltimore County Wednesday, part of a bid to expand the company's role in the medical sector. While health care services still represent a...
  • Baltimore through student eyes [Commentary]

    Baltimore through student eyes [Commentary]
    When my family and I moved to this region in the late 1970s, we were struck by how many people made a sharp distinction between "the City" and surrounding counties. In today's global society, the boundaries blur. I hear UMBC students from Moscow to...