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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
  • 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...
  • 2 UCF students dream of 1-way tickets to Mars

    2 UCF students dream of 1-way tickets to Mars
    The cost of his lifelong dream of being an astronaut on Mars may be the ultimate sacrifice — his life — yet George Hatcher is ready to say yes. "It was something I always wanted to do, that I had pursued through academic degrees, through...
  • Philip D. Snodgrass

    Philip D. Snodgrass
    Philip D. Snodgrass, who was an assistant general counsel at the National Federation of Federal Employees and a 2005 graduate of Dulaney High School, was killed Monday in downtown Washington when he was hit by a speeding motorist. He was 27 and lived 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...
  • Being taxpayers at a time when big bills come due

    Being taxpayers at a time when big bills come due
    Nobody asked me, but if members of the Baltimore City Council are shocked that the schools are running up a $60 million budget deficit, then some of them need to be shocked by voters in the next city primary (April 5, 2016). That said — and it...
  • Obama administration to allow allied countries to buy military drones

    Obama administration to allow allied countries to buy military drones
    The Obama administration unveiled a new policy Tuesday allowing foreign allies to buy military drones, a move that could have potentially far-reaching implications for global security partnerships and the U.S. aerospace industry. For years, American...
  • Video game ignites interest in aerospace engineering

    Video game ignites interest in aerospace engineering
    Video games can be educational and inspirational. Take the case of Nick Sabatini, a senior at Lincoln-Way Central High School in New Lenox. He played video games when he was young, and that is when a love for flight was first sparked, he said. Now he...
  • 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...