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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
  • Tourism photo company hiring 55 for new HQ

    Tourism photo company hiring 55 for new HQ
    Tourism photo company Magic Memories is establishing its U.S. headquarters in Orlando as it begins hiring about 55 people to work at the Orlando Eye. "Mostly we are looking for hourly employees, but there will be some salaried positions at our...
  • Orlando making case as 'thriving technology hub,' tech leaders say

    Orlando making case as 'thriving technology hub,' tech leaders say
    When Gov. Rick Scott had good news to share last month — state unemployment had dropped to 5.2 percent — he chose to make the announcement at a growing technology company in Maitland. The location was no coincidence. Officials at the...
  • Berks company plays role in mission to Mars

    Berks company plays role in mission to Mars
    Berks County played host to America's space program Friday, as NASA's top boss got a firsthand tour of the factory where components are being made for the nation's next era of spacecrafts. "From this day on, the path to Mars goes through Bally,...
  • Boosting business the Maryland way

    Boosting business the Maryland way
    When it comes to business in Maryland, the views of Norman R. Augustine should not be taken lightly. A former CEO of Lockheed Martin and Under Secretary of the U.S. Army, he graduated from Princeton magna cum laude, holds 29 honorary degrees and built a...
  • Augustine panel sets agenda to bolster business in Md.

    Augustine panel sets agenda to bolster business in Md.
    Declaring that Maryland can no longer depend on the federal government for job growth, former Lockheed Martin CEO Norman R. Augustine presented state legislators Thursday with a list of steps they could take to improve its ability to compete for business....
  • Video: Sen. Nelson talks about new Lockheed sim center

    Video: Sen. Nelson talks about new Lockheed sim center
    Senator Bill Nelson 'flew' a Lockheed Martin F-35 Lightning II as dignitaries, executives and employees celebrated the grand opening of the Innovation Demonstration Center at Lockheed Martin's east Orlando campus, Monday. The center showcases the latest...
  • Lockheed Martin takes lid off new demonstration center

    Lockheed Martin takes lid off new demonstration center
    Lockheed Martin on Monday took the lid off a brand new demonstration center that doubles the size of its previous facility. The center, which helps the company showcase its work to potential customers, covers 20,000 square feet at the defense giant&...
  • Lockheed picks up $82M Army contract for targeting, night vision system

    Lockheed picks up $82M Army contract for targeting, night vision system
    Lockheed Martin on Monday announced that it had received an $82 million contract to manage logistics related to a targeting and night vision sensor program for the Apache helicopter. Management of the logistics for the system will take place in...
  • New stealth bomber contract likely to be boon for Antelope Valley

    New stealth bomber contract likely to be boon for Antelope Valley
    The Pentagon is poised to spend billions to build a new stealth bomber, a top secret project that could bring hundreds of jobs to the wind-swept desert communities in Los Angeles County's northern reaches. Two teams of defense contractors are now...
  • Advanced Green Technologies wins $5 million solar contract

    Advanced Green Technologies wins $5 million solar contract
    A Fort Lauderdale business has won a $5 million contract to build a solar-energy project for defense contractor Lockheed Martin in the Tampa area, one of the largest solar investments by a business in the Sunshine State. The contract went to Advanced...
  • Lockheed Martin grant will grow STEM offerings in Orange schools

    Lockheed Martin grant will grow STEM offerings in Orange schools
    Classwork that exposes students to science, engineering, technology and mathematics will be expanded to all of Orange County's 184 traditional public schools within three years under a $2 million grant from Lockheed Martin. The grant, unveiled...