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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 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...
  • Wedded: Sarah Schaffer and Eric Hutchins

    Wedded: Sarah Schaffer and Eric Hutchins
    Date: Sept. 6 Her story: Sarah Schaffer, 32, grew up in Severna Park. She is a cybersecurity business development capture manager at Lockheed Martin. Her parents, Kathy and Roger Schaffer, live in Severna Park. His story: Eric Hutchins, 34, grew up in...
  • 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...
  • 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...
  • 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...
  • 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...
  • 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...