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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
  • Military firms likely to benefit from airstrikes in Iraq, Syria

    Three days after U.S. warships fired 47 cruise missiles at Sunni militant targets in northern Syria last week, the Pentagon signed a $251-million deal to buy more Tomahawks from Raytheon Co., a windfall for the military giant and its many subcontractors....
  • Lockheed Orlando lands $100M cruise missile deal

    Lockheed Orlando lands $100M cruise missile deal
    Lockheed Martin Corp.'s Orlando missiles group has landed an Air Force deal potentially worth $100 million to provide logistics, upgrades and other technical support work for next-generation cruise missiles, the Defense Department said this week. The new...
  • 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...
  • 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...
  • Orlando airport first to use Lockheed forecasting software

    Orlando airport first to use Lockheed forecasting software
    Lockheed Martin Corp. has sealed a deal that will make Orlando Interntional Airport the first U.S. airport to use Lockheed's high-speed flight-demand forecasting software, the company said Monday. Financial terms of the deal were not available. The...
  • Navy Narrows To Four the Possible Causes Of F-35 Engine Fire

    Navy Narrows To Four the Possible Causes Of F-35 Engine Fire
    GROTON — An official with the Joint Strike Fighter's program office said Monday that its investigation into a June engine fire that grounded the fleet has narrowed a long list of potential causes for the incident down to just four. Navy Capt....
  • PASSINGS: Bob Suter, Austin 'Goose' Gonsoulin, Magda Olivero, John D. Kendall, Noel Hinners

     PASSINGS: Bob Suter, Austin 'Goose' Gonsoulin, Magda Olivero, John D. Kendall, Noel Hinners
      Bob Suter Member of U.S. hockey team that won a gold medal at 1980 Olympics Bob Suter, 57, a member of the "Miracle On Ice" hockey team that won the Olympic gold medal in 1980 and the father of Minnesota Wild NHL star Ryan Suter, died suddenly...
  • Hogan's plan for Md. doesn't add up [Letter]

    Hogan's plan for Md. doesn't add up [Letter]
    Larry Hogan held a fundraiser recently featuring New Jersey Gov. Chris Christie, and there are a few things Marylanders should consider before they jump on his bandwagon ("New Jersey Gov. Christie comes to Maryland for Hogan," Sept. 17). What Mr....
  • Northrop Grumman facility latest addition to Maryland space industry

    Northrop Grumman facility latest addition to Maryland space industry
    Northrop Grumman broke ground Monday on a 25,00-square-foot facility specializing in cargo bound for space, the latest expansion to Maryland's slowly growing space industry. The $20 million center near Baltimore-Washington International Thurgood Marshall...
  • Air Force taking bids to launch spy satellites for 1st time in decade

    For the first time in a decade, the Air Force has opened up a rocket competition to launch the U.S. government's most sophisticated national security satellites. The Air Force released a request for proposal on Tuesday to companies that want to...
  • Parking revenue at Bob Hope hits turbulence

    Parking revenue at Bob Hope hits turbulence
    Bob Hope Airport officials said this week they want to better understand the “troubling” fluctuations in parking revenue. “Historically, the number of passengers that would come in any given month was more or less reflective of the...