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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 34-44
  • Guest column: Maryland has lost its edge

    Guest column: Maryland has lost its edge
    A compelling new report produced by the private-sector Maryland Economic and Business Climate Commission confirms that "Maryland has not nearly reached its potential in growing business and creating jobs." The report is the product of a 21-person...
  • NASA Langley joins aviation partners to develop aircraft of future

    NASA Langley joins aviation partners to develop aircraft of future
    NASA is teaming with private aviation partners on ways to use cutting-edge composite materials to build the stronger, lighter aircraft of the future. The Advanced Composites Consortium features NASA Langley Research Center, which manages the agency's...
  • AACC hopes to connect students to state's 30,000 cyber job openings

    AACC hopes to connect students to state's 30,000 cyber job openings
    The demand for cyber jobs has increased so much that Anne Arundel Community College had to hire someone to deal specifically with those professions. And even though there are a reported 30,000 vacancies for employment in Maryland's cybersecurity...
  • What if Starbucks' 'Race Together' had caught on in corporate America?

    What if Starbucks' 'Race Together' had caught on in corporate America?
    Howard D. Schultz, the chief executive of Starbucks, said in a letter to employees on Sunday that baristas would no longer be encouraged to write the phrase "Race Together" on customers' coffee cups, drawing to a close a widely derided component of the...
  • Beyond race, building a movement for economic fairness

    Beyond race, building a movement for economic fairness
    With regard to all the recent public discourse on race and racism, I say this: Highlighting, protesting and reducing instances of excessive force by police is important. Curtailing violent crime among young black men deserves new urgency, especially in...
  • 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...
  • Siemens CEO: Tech talent needed

    Siemens U.S. CEO Eric Spiegel said last week that Central Florida has a lot of "horsepower" that can be leveraged to create one of the leading technology communities in the U.S. However, Spiegel, a Youngstown, Ohio, native whose son attends Rollins...
  • Manufacturers and employees of year named

    Manufacturers and employees of year named
    A wireless tower designer, a pipeline repair company, a biopharmaceutical company and a submarine developer are the winners of the 2015 "Manufacturer of the Year" awards. The South Florida Manufacturers Association named the winners Thursday evening...
  • Assembly leaders, Hogan agree on Augustine bills

    Assembly leaders, Hogan agree on Augustine bills
    The General Assembly's top leaders came together with Hogan administration officials Monday to call for passage of a package of bills intended to improve Maryland's business climate. Senate President Thomas V. Mike Miller and House Speaker Michael E....
  • Letter: Take profit motive out of war

    I have just finished a book titled, "War is a Racket," written in the 1930s by the war hero Smedley Butler. After reading this book, it occurred to me that before any war is entered into, four resolutions must be passed: No corporation will be allowed...
  • N.Y. Times douses talk of Orlando's tech growth

    N.Y. Times douses talk of Orlando's tech growth
    The New York Times is none-too-impressed with Orlando's technology community. In an article Thursday, the newspaper's politics and policy blog Upshot singled out Orlando as a city trying to rebrand itself as a tech hub. Journalist Josh Barro wrote...