RSS feeds allow Web site content to be gathered via feed reader software. Click the subscribe link to obtain the feed URL for this page. The feed will update when new content appears on this page.

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...
Show more »
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.
« Show less

Top Lockheed Martin Corp. Articles

Displaying items 56-66
  • 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...
  • U.S. space industry girds for more oversight after accidents

    U.S. space industry girds for more oversight after accidents
    Executives in the fledgling commercial U.S. space industry are bracing for increased scrutiny and oversight after two accidents last week, including one that killed a pilot, but say they view the mishaps as temporary setbacks that will not halt launches....
  • Long-awaited dredging to spur Riviera Beach jobs, local leaders say

    Long-awaited dredging to spur Riviera Beach jobs, local leaders say
    The federal government has issued long-awaited permits to deepen a channel of the Intracoastal Waterway in Riviera Beach, a move that will let area marinas and repair yards host large yachts and create new jobs, officials announced Tuesday. Local...
  • Lockheed Martin shares slip after 3Q results

    Lockheed Martin shares slip after 3Q results
    Lockheed Martin (NYSE: LMT) shares dropped more than four pecent in Tuesday morning trading, after the company announced net sales decreased two percent to $11.1 billion in the third quarter. Net earnings from continuing operations for the defense...
  • Roy Greenough: He built the planes that won the wars

    Roy Greenough: He built the planes that won the wars
    Back during World War II, down on the floor of the airplane factory, Roy Greenough was the guy who knew how to get things done. Though not an engineer, Greenough had enough training in design, planning and drafting, and enough understanding about how...
  • Oak Ridge revitalizes Aviation and Aerospace magnet program

    Oak Ridge revitalizes Aviation and Aerospace magnet program
    Oak Ridge High School has revitalized and relaunched its Aviation and Aerospace Engineering Magnet as Orange schools considre broad changes to magnet programs district-wide. The school, which is also home to three other magnets, has reshaped the program...
  • This year's 50 Women to Watch inspire across societal, generational lines

    This year's 50 Women to Watch inspire across societal, generational lines
    For the second year, the Sun Magazine has chosen 50 women whose achievements and commitment stand out, but editor Anne Tallent said it could easily have been twice that many. Reading the nominations — there were more than 250 — and the...
  • District 47 candidates spar over marijuana, conservation amendments

    District 47 candidates spar over marijuana, conservation amendments
    Incumbent House Representative Linda Stewart and her challenger Mike Miller both believe saving Florida's springs, lakes and aquifer is crucial to the state's future. Where they disagree is how to pay for it. Stewart, a Democrat, favors Amendment 1 to...
  • Lockheed Martin in research deal with Israel tech company Yissum

    Lockheed Martin in research deal with Israel tech company Yissum
    Lockheed Martin agreed to conduct joint research with Yissum, the technology transfer company of the Hebrew University of Jerusalem, and has the option to purchase exclusive licenses to products resulting from their research. The research will focus on...
  • Incubator boasts 3,600 jobs in 15 years

    Incubator boasts 3,600 jobs in 15 years
    The University of Central Florida's startup business incubator rolled out its latest economic impact estimates last week. And the numbers were impressive for a network that was founded 15 years ago. According to the study, here's the scorecard from 1999...
  • Military firms likely to benefit from airstrikes in Iraq, Syria

    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....