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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 45-55
  • 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...
  • 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...
  • 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...
  • 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...
  • Defense contractors see opportunity in cybersecurity sector

    Defense contractors see opportunity in cybersecurity sector
    After a year that saw destructive cyberattacks on major U.S. companies, President Obama's call to stiffen America's digital defenses could help bolster the bottom lines of top defense and aerospace contractors facing cutbacks in Pentagon spending. In...
  • 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...