RSS feeds allow Web site content to be gathered via feed reader software. Click the subscribe link to obtain the feed URL for this page. The feed will update when new content appears on this page.

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...
Show more »
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.
« Show less

Top Lockheed Martin Corp. Articles

Displaying items 23-33
  • Lockheed Orlando lands $100M cruise missile deal

    Lockheed Orlando lands $100M cruise missile deal
    Lockheed Martin Corp.'s Orlando missiles group has landed an Air Force deal potentially worth $100 million to provide logistics, upgrades and other technical support work for next-generation cruise missiles, the Defense Department said this week. The new...
  • Long-awaited dredging to spur Riviera Beach jobs, local leaders say

    Long-awaited dredging to spur Riviera Beach jobs, local leaders say
    The federal government has issued long-awaited permits to deepen a channel of the Intracoastal Waterway in Riviera Beach, a move that will let area marinas and repair yards host large yachts and create new jobs, officials announced Tuesday. Local...
  • Copy of captured U.S. drone takes first flight, Iran says

    Copy of captured U.S. drone takes first flight, Iran says
    An Iranian copy of a U.S. reconnaissance drone captured in 2011 has taken its first flight, state news agency IRNA reported Monday. In December 2011, Iran said it had captured a U.S. RQ-170 Sentinel reconnaissance drone in eastern Iran that had been...
  • Aging nuclear arsenal grows ever more costly

    Aging nuclear arsenal grows ever more costly
    Pipes, tanks and other equipment rust in the humid Southern air. Leaky roofs leave puddles on factory floors. Abandoned buildings are scattered across an 800-acre site contaminated with hundreds of tons of mercury. If this were a factory making cars...
  • California lawmakers criticize Pentagon's purchase of Russian rockets

    A bipartisan group of U.S. House members from California has jumped into a high-stakes battle over the Pentagon’s use of Russian-made rocket engines to launch satellites. It’s an effort that already involves Hawthorne-based SpaceX Inc. and...
  • U.S. space industry girds for more oversight after accidents

    U.S. space industry girds for more oversight after accidents
    Executives in the fledgling commercial U.S. space industry are bracing for increased scrutiny and oversight after two accidents last week, including one that killed a pilot, but say they view the mishaps as temporary setbacks that will not halt launches....
  • What "Chairman McCain" means to U.S. defense contractors

    The pros at Politico's Morning Defense have weighed in with their post-election analysis. Sen. John McCain, R-Ariz. will take over leadership of the Senate Armed Services Committee. He's a hawk, but that doesn't mean good news for defense contractors....
  • Special ocean probes improve tropical forecasts

    Special ocean probes improve tropical forecasts
    The mission: Determine where Tropical Storm Edouard might grow into a strong hurricane – and improve the forecast. The method:  Drop a series of highly specialized sensors from a hurricane hunter aircraft into the Atlantic in advance of the...
  • F-35 makes first landing aboard carrier Nimitz

    F-35 makes first landing aboard carrier Nimitz
    The F-35C Lightning II Joint Strike Fighter made its first arrested landing aboard an aircraft carrier Monday off the coast of San Diego, the Navy announced that night. The landing marks the start of two weeks of at-sea developmental tests for the new...
  • Pratt Wins $1.05 Billion Contract For 48 F-35 Engines

    WASHINGTON — Engine maker Pratt & Whitney on Thursday said it had won a contract to build an eighth batch of 48 engines for the F-35 fighter jet built by Lockheed Martin Corp, bringing the total value of the deal to $1.05 billion. Pratt, a unit...
  • Lockheed Martin shares slip after 3Q results

    Lockheed Martin shares slip after 3Q results
    Lockheed Martin (NYSE: LMT) shares dropped more than four pecent in Tuesday morning trading, after the company announced net sales decreased two percent to $11.1 billion in the third quarter. Net earnings from continuing operations for the defense...