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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 12-22
  • 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...
  • Lockheed Martin pleased with Orion launch

    Lockheed Martin pleased with Orion launch
    Engineers and managers at Lockheed Martin, which built the Orion space capsule in Florida, were pleased early Friday with its launch. Only an hour into the flight, Lockheed Martin analyst Mike Howe said crews were capturing and reviewing tons of data....
  • Hampton crowd at Virginia Air & Space Center witnesses Orion's failure to launch

    Hampton crowd at Virginia Air & Space Center witnesses Orion's failure to launch
    After 2 1/2 hours of fitful attempts to get a Delta IV rocket off the ground at Cape Canaveral, Fla., NASA finally scrubbed Thursday's test launch of its new Orion crew capsule, foiled by an errant boater, wind gusts and sticky rocket valves. In the...
  • 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...
  • Made in Florida: Orion is a first for Kennedy production

    Made in Florida: Orion is a first for Kennedy production
    The Orion space capsule that is prepped for launch Thursday morning is a unique first in many ways for Kennedy Space Center, and for Florida. It’s the first real launch test for a new generation of manned space vehicles. It’s the heaviest...
  • Lockheed helps military vets stay on a mission

    Lockheed helps military vets stay on a mission
    Mike Stickney says his 27 years in the Air Force filled him with a sense of mission. So when he left the military in 2012, he sought a way to continue that purpose. He says he found that at the defense giant Lockheed Martin, which has a heavy presence in...
  • Dave Scott: Lockheed Martin uses trade show to show off its work

    Dave Scott: Lockheed Martin uses trade show to show off its work
    Dave Scott runs business development for training and logistics with defense giant Lockheed Martin's Orlando-based Mission Systems and Training division. He has worked for the company for 30 years. Starting today, company leaders will attend a...
  • SpaceX may upset firm's monopoly in launching Air Force satellites

    SpaceX may upset firm's monopoly in launching Air Force satellites
    Entrepreneur Elon Musk and his upstart company SpaceX are on the verge of upsetting a cozy and pricey military deal that for years has given two aerospace giants the exclusive right to launch the Air Force's most crucial satellites into orbit. In recent...
  • Tech firms wired into economic incentives

    Tech firms wired into economic incentives
    Metro Orlando software consultants, online retailers, and digital-media firms are in line to get millions of dollars worth of tax breaks if they can create hundreds of jobs — and fill them — in upcoming years. Agile Thought Inc., Comtech...
  • Looking Out: Maryland companies score high marks in LGBT equality report

    Looking Out: Maryland companies score high marks in LGBT equality report
    Several companies in Maryland scored high marks for lesbian, gay, bisexual and transgender equality in the Human Rights Campaign's annual Corporate Equality Index, released this week. Of eight companies in the state included in the study, six earned a...
  • Orlando office is critical to high-tech AMD, CEO Lisa Su says

    Orlando office is critical to high-tech AMD, CEO Lisa Su says
    The new CEO of computer processor company AMD visited Orlando this week and committed to keeping the company’s strong presence here, even as the company plans to lay off about 7 percent of its workforce globally. “The people in Orlando...