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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
  • California lawmakers weigh tax credit for bomber program

    A bitter fight has broken out between aerospace industry behemoths over fast-tracked legislation that could provide one company with an upper hand in an upcoming $55-billion competition to build a fleet of next-generation stealth bombers. On one side is...
  • Sensor project will rely on teamwork

    Sensor project will rely on teamwork
    If all the dollars and cents, bricks and mortar eventually fall into place, the University of Central Florida will make a national showcase out of its proposed smart-sensor research and manufacturing center in Osceola County. One thing has become clear,...
  • Newcomers gain traction in race for NASA's new spacecraft deal

    Newcomers gain traction in race for NASA's new spacecraft deal
    An established aerospace giant and two newcomers are in the final stretch of a competition to build the next "taxi service" to the International Space Station, and experts say the upstarts are gaining traction. Boeing Co., SpaceX and Sierra Nevada Corp....
  • NASA finalizes contract to build the most powerful rocket ever

    NASA finalizes contract to build the most powerful rocket ever
    NASA has reached a milestone in its development of the Space Launch System, or SLS, which is set to be the most powerful rocket ever and may one day take astronauts to Mars.  After completing a critical design review, Boeing Co. has finalized a $2.8-...
  • SpaceX CEO Elon Musk suggests rival hired official in return for deal

    SpaceX CEO Elon Musk suggests rival hired official in return for deal
    Elon Musk, chief executive of Space Exploration Technologies Corp., went on Twitter to suggest that his competitors hired an Air Force official in return for a big contract. The 42-year-old billionaire didn't offer backup for his accusations against...
  • Amazing NASA video shows the sun erupting in unprecedented detail

    Amazing NASA video shows the sun erupting in unprecedented detail
    You've never seen a solar eruption video quite like this before. After 11 months in space, NASA's Interface Region Imaging Spectrograph (IRIS) has captured video of a coronal mass ejection in unprecedented detail, and the results are spectacular.  And...
  • Reality check on Northrop's big plans

    Reality check on Northrop's big plans
    Now that the dust has settled after Northrop Grumman Corp.'s announcement of yet another big expansion on the Space Coast, it might be time for a reality check. Although it's possible the company might build the next-generation B-2 stealth bomber in...
  • 'Maleficent' casts spell on box office. R.I.P. Ann B. Davis.

    'Maleficent' casts spell on box office. R.I.P. Ann B. Davis.
    After the coffee. Before deciding who to root for in the Stanley Cup. The Skinny: I'm not a hockey fan, but I did watch the Kings' overtime win. Now I have a dilemma. Do I root for the Kings or do I root for the Rangers because in my heart I'm a New...
  • Political turmoil could give California rocket firm edge over Russians

    Political turmoil could give California rocket firm edge over Russians
    Political fallout over the seizure of Crimea has caused the U.S. government to rethink its partnership with Russia on space programs, which has bolstered business prospects for a historic California rocket company. Engineers at Aerojet Rocketdyne in...
  • Patterson High students participate in White House science fair

    Patterson High students participate in White House science fair
    Countless famous footsteps have crossed the White House's entrance hall, but on Tuesday, some of the country's top science and technology dignitaries had to dodge a hovercraft made of foam and a paper bowl whizzing across the shiny pink-and-white marble....
  • Lockheed names new VPs, buys firm, celebrates STEM

    Lockheed names new VPs, buys firm, celebrates STEM
    It’s been a busy week for Lockheed Martin. The defense contractor named three new executives, announced acquisition of a Titusville company and celebrated science and engineering education at its Missiles and Fire Control facility in Orlando: --...