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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
  • 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...
  • 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...
  • 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...
  • 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...
  • 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...
  • 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...
  • 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...
  • 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....
  • 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...
  • 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....
  • 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...