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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 67-77
  • Berks company plays role in mission to Mars

    Berks company plays role in mission to Mars
    Berks County played host to America's space program Friday, as NASA's top boss got a firsthand tour of the factory where components are being made for the nation's next era of spacecrafts. "From this day on, the path to Mars goes through Bally,...
  • A bit about me as a matter of full disclosure

    A bit about me as a matter of full disclosure
    In this column, I make it a habit to be open with readers. I write about my experiences growing up in Central Florida, my family, even my husband's penchant for stinking up our house with vinegar as he preps for barbecue contests. So this column...
  • Orlando making case as 'thriving technology hub,' tech leaders say

    Orlando making case as 'thriving technology hub,' tech leaders say
    When Gov. Rick Scott had good news to share last month — state unemployment had dropped to 5.2 percent — he chose to make the announcement at a growing technology company in Maitland. The location was no coincidence. Officials at the...
  • Looking Out: Maryland companies score high marks in LGBT equality report

    Looking Out: Maryland companies score high marks in LGBT equality report
    Several companies in Maryland scored high marks for lesbian, gay, bisexual and transgender equality in the Human Rights Campaign's annual Corporate Equality Index, released this week. Of eight companies in the state included in the study, six earned a...
  • 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....
  • NASA's Orion completes historic flight, ushers in 'new era'

    NASA's Orion completes historic flight, ushers in 'new era'
    NASA entered a new era of space exploration on Friday when its Orion capsule splashed down in the Pacific Ocean after going farther from the planet than any spacecraft built for humans in more than 40 years. The maiden test flight — made without...
  • Boeing, SpaceX poised to build 'space taxis' for NASA

    Boeing, SpaceX poised to build 'space taxis' for NASA
    NASA will partner with Boeing and SpaceX to build commercially owned and operated "space taxis" to fly astronauts to the International Space Station, ending U.S. dependence on Russia for rides, U.S. Senator Bill Nelson said on Tuesday. The U.S. space...
  • SpaceX plans for lots of launches, then on to Mars

    SpaceX plans for lots of launches, then on to Mars
    KENNEDY SPACE CENTER — Once the launchpad for Apollo and space shuttle flights, NASA's historic Launch Complex 39A is now in the hands of SpaceX and its enigmatic billionaire leader, Elon Musk. With a 20-year lease, the privately held Hawthorne,...
  • Aging nuclear arsenal grows ever more costly

    Aging nuclear arsenal grows ever more costly
    Pipes, tanks and other equipment rust in the humid Southern air. Leaky roofs leave puddles on factory floors. Abandoned buildings are scattered across an 800-acre site contaminated with hundreds of tons of mercury. If this were a factory making cars...
  • Lockheed renews $235M Navy missile launch contract

    Lockheed renews $235M Navy missile launch contract
    The U.S. Navy renewed a $235 million contract with Lockheed Martin for manufacturing missile-firing systems used on warships at a facility in Middle River, the company said Tuesday. The deal extends through 2022 and could be worth as much as $356...
  • Prosecutor details York County man's "mission" to sell U.S. Navy secrets to Egypt

    Prosecutor details York County man's "mission" to sell U.S. Navy secrets to Egypt
    A federal magistrate judge on Wednesday denied bond for a York County man accused of attempting to steal and send to Egypt designs for the nation's newest and most advanced aircraft carrier. U.S. Magistrate Judge Douglas Miller said there are no...