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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
  • 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...
  • Boeing poised for $15.6 billion in Air Force work on tanker

    WASHINGTON Boeing Co. may reap as much as $15.6 billion through 2020 from the U.S. Air Force for development and production of its KC-46 aerial refueling tanker, according to estimates by the service. The Air Force is requesting $2.95 billion for the...
  • Obama's budget includes windfall for L.A. transportation

    Obama's budget includes windfall for L.A. transportation
    The budget proposal unveiled by President Obama on Monday earmarks more than $1 billion for California transportation and construction projects, including $330 million that Los Angeles officials called crucial to extending the Purple Line from the Mid-...
  • Simulation report bodes well for Orlando

    Simulation report bodes well for Orlando
    The military continues to move toward simulations and away from live-action training as a way of saving money, according to a report released Thursday that should encourage regions such as Central Florida that boast a strong simulation industry,...
  • Lockheed renews $235M Navy missile launch contract

    Lockheed renews $235M Navy missile launch contract
    The U.S. Navy renewed a $235 million contract with Lockheed Martin for manufacturing missile-firing systems used on warships at a facility in Middle River, the company said Tuesday. The deal extends through 2022 and could be worth as much as $356...
  • NASA's Orion completes historic flight, ushers in 'new era'

    NASA's Orion completes historic flight, ushers in 'new era'
    NASA entered a new era of space exploration on Friday when its Orion capsule splashed down in the Pacific Ocean after going farther from the planet than any spacecraft built for humans in more than 40 years. The maiden test flight — made without...
  • Prosecutor details York County man's "mission" to sell U.S. Navy secrets to Egypt

    Prosecutor details York County man's "mission" to sell U.S. Navy secrets to Egypt
    A federal magistrate judge on Wednesday denied bond for a York County man accused of attempting to steal and send to Egypt designs for the nation's newest and most advanced aircraft carrier. U.S. Magistrate Judge Douglas Miller said there are no...
  • A bit about me as a matter of full disclosure

    A bit about me as a matter of full disclosure
    In this column, I make it a habit to be open with readers. I write about my experiences growing up in Central Florida, my family, even my husband's penchant for stinking up our house with vinegar as he preps for barbecue contests. So this column...