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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 56-66
  • Pentagon Official: F-35 Engine Failure Likely Not Systemic

    Pentagon Official: F-35 Engine Failure Likely Not Systemic
    RAF FAIRFORD, England — The Pentagon's chief weapons buyer told lawmakers there was "growing evidence" that an engine fire on an Air Force F-35A jet last month was not a systemic issue, which sources familiar with the situation said could pave the...
  • 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...
  • SpaceX gets Air Force certification toward launching military satellites

    Hawthorne rocket company SpaceX has reached a major milestone toward its goal to launch the U.S. government's most sophisticated national security satellites. The upstart firm announced Friday that the Air Force certified its Falcon 9 rocket after...
  • Air Force certifies SpaceX Falcon 9 flights

    Air Force certifies SpaceX Falcon 9 flights
    In a move that could shake up the spaceflight business, Hawthorne rocket company SpaceX has passed a key milestone toward its goal to launch the U.S. government's most sophisticated national security satellites. The upstart firm said Friday that the Air...
  • Space entrepreneur seeks end to spy satellite launch monopoly

     Space entrepreneur seeks end to spy satellite launch monopoly
    A high-stakes battle is underway in Washington over launching the U.S. government's most sophisticated national security satellites. Space entrepreneur Elon Musk is pitted against the nation's two largest weapons makers, Boeing Co. and Lockheed Martin...
  • Lockheed Martin takes children to work

    Lockheed Martin takes children to work
    It’s not every day that people can play a life-sized Angry Birds game on the front lawn at the Lockheed Martin Missiles and Fire Control plant. In the name of Take Your Child to Work Day, access to the plant was broadened on Thursday for a brief...
  • Drone companies unveil new tech at Orlando AUVSI expo

    Drone companies unveil new tech at Orlando AUVSI expo
    Despite controversy raging about the sudden explosion of drone technology, businesses are eagerly announcing new products at this week’s AUVSI¬†expo at the Orange County Convention Center. The conference, called simply AUVSI's Unmanned Systems...
  • SpaceX gets closer to making a reusable rocket, sues Air Force

    Elon Musk, founder and chief executive of Hawthorne rocket maker SpaceX, hastily called a news conference Friday in Washington, D.C., where he outlined an array of matters confronting his upstart company. A cryptic email was sent to media around 9 p.m....
  • 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...
  • Women directors are increasing on Maryland corporate boards, study finds

    Women directors are increasing on Maryland corporate boards, study finds
    The number of women on corporate boards in Maryland increased last year, and for the first time, all businesses that joined the state's publicly traded companies had at least one woman board member, Network 2000 said in a report released Wednesday....
  • Missile defence: Star Wars 2: attack of the drones

    Missile defence: Star Wars 2: attack of the drones
    The best time to shoot down a hostile missile is straight after take-off. During this initial "boost phase" it moves more slowly, is easier to spot (because its exhaust plumes are so hot) and presents a bigger target (having not yet ditched its first-...