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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 23-33
  • Orlando airport first to use Lockheed forecasting software

    Orlando airport first to use Lockheed forecasting software
    Lockheed Martin Corp. has sealed a deal that will make Orlando Interntional Airport the first U.S. airport to use Lockheed's high-speed flight-demand forecasting software, the company said Monday. Financial terms of the deal were not available. The...
  • Navy Narrows To Four the Possible Causes Of F-35 Engine Fire

    Navy Narrows To Four the Possible Causes Of F-35 Engine Fire
    GROTON — An official with the Joint Strike Fighter's program office said Monday that its investigation into a June engine fire that grounded the fleet has narrowed a long list of potential causes for the incident down to just four. Navy Capt....
  • The F-22, world's priciest fighter jet, finally flies in combat

    The F-22, world's priciest fighter jet, finally flies in combat
    After nearly a decade of being derided as┬ádangerous to fly and an example of wasteful military spending, the radar-evading F-22 fighter jet flew in combat for the first time in this week’s U.S.-led airstrikes in Syria. The Pentagon said it used...
  • Orlando tech companies aim for smart-sensor breakthroughs

    Orlando tech companies aim for smart-sensor breakthroughs
    An optical-sensor camera captures a 3-D image of Blair Barbour's face, scanning every line and crease. It instantly cross-matches the image with a huge database and determines whether he is anxious or calm; happy or angry; a possible terrorist or a...
  • Pratt Still Searching For Root Of Engine Fire But Says F-35 Will Be Combat Ready In July

    Pratt Still Searching For Root Of Engine Fire But Says F-35 Will Be Combat Ready In July
    Pratt & Whitney engineers have developed a pair of fixes for its engine on Lockheed Martin's F-35 Joint Strike Fighter, and the East Hartford company plans to have a final repair chosen by the end of October. Chris Flynn, vice president of the military...
  • Want to deplete your tax base? Give 'job creators' what they want

    They say the house always wins, but the state of Nevada is letting Tesla walk away with the store. Back in June, the electric car company and its partner Panasonic broke ground outside Reno for a multibillion-dollar “gigafactory.” As the...
  • Boeing-Lockheed venture said teaming with Bezos on rocket engine

    Boeing-Lockheed venture said teaming with Bezos on rocket engine
    A joint venture of Boeing Co and Lockheed Martin Corp plans to announce on Wednesday that it will team up with Blue Origin, a company run by Amazon.com Inc founder Jeff Bezos, to develop a new rocket engine, a source familiar with the plans said....
  • Pratt: Next F-35 Deal Will Cut Engine Costs Up To 8%

    Pratt: Next F-35 Deal Will Cut Engine Costs Up To 8%
    WASHINGTON — Pratt & Whitney said its contracts with the Pentagon for the next two batches of engines for the Lockheed Martin Corp F-35 fighter jet will result in combined cost savings of 7 percent to 8 percent. Bennett Croswell, president of...
  • Boeing, SpaceX poised to build 'space taxis' for NASA

    Boeing, SpaceX poised to build 'space taxis' for NASA
    NASA will partner with Boeing and SpaceX to build commercially owned and operated "space taxis" to fly astronauts to the International Space Station, ending U.S. dependence on Russia for rides, U.S. Senator Bill Nelson said on Tuesday. The U.S. space...
  • Lockheed F-35 training work gets big boost

    Lockheed F-35 training work gets big boost
    Lockheed Martin Corp. has received a nearly $233 million boost to its Orlando work on flight-training and maintenance simulators for the advanced but often troubled F-35 Joint Strike Fighter program. The contract increase – one of the largest...
  • Navy will test Lockheed Martin exoskeleton technology

    Navy will test Lockheed Martin exoskeleton technology
    Lockheed Martin has received a contract for the U.S. Navy to evaluate and test human exoskeleton technology, which is basically a framework worn over clothing that is designed to help with heavy lifting. Specifically, the Navy is testing two Fortis...