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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 78-88
  • What "Chairman McCain" means to U.S. defense contractors

    The pros at Politico's Morning Defense have weighed in with their post-election analysis. Sen. John McCain, R-Ariz. will take over leadership of the Senate Armed Services Committee. He's a hawk, but that doesn't mean good news for defense contractors....
  • Lockheed helps military vets stay on a mission

    Lockheed helps military vets stay on a mission
    Mike Stickney says his 27 years in the Air Force filled him with a sense of mission. So when he left the military in 2012, he sought a way to continue that purpose. He says he found that at the defense giant Lockheed Martin, which has a heavy presence in...
  • Made in Florida: Orion is a first for Kennedy production

    Made in Florida: Orion is a first for Kennedy production
    The Orion space capsule that is prepped for launch Thursday morning is a unique first in many ways for Kennedy Space Center, and for Florida. It’s the first real launch test for a new generation of manned space vehicles. It’s the heaviest...
  • Hampton Roads defense contractors win additional military work

    Hampton Roads defense contractors win additional military work
    Several defense contractors in Hampton Roads have won additional work from the Defense Department in recent weeks. The following list of contract awards is based on Pentagon press releases from Oct. 30 to Dec. 1. Navy Ship repair: General Dynamics...
  • Hampton crowd at Virginia Air & Space Center witnesses Orion's failure to launch

    Hampton crowd at Virginia Air & Space Center witnesses Orion's failure to launch
    After 2 1/2 hours of fitful attempts to get a Delta IV rocket off the ground at Cape Canaveral, Fla., NASA finally scrubbed Thursday's test launch of its new Orion crew capsule, foiled by an errant boater, wind gusts and sticky rocket valves. In the...
  • Lockheed Martin pleased with Orion launch

    Lockheed Martin pleased with Orion launch
    Engineers and managers at Lockheed Martin, which built the Orion space capsule in Florida, were pleased early Friday with its launch. Only an hour into the flight, Lockheed Martin analyst Mike Howe said crews were capturing and reviewing tons of data....
  • 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. government details York County man's attempt to sell secrets to Egypt

    U.S. government details York County man's attempt to sell 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...
  • Congress OKs bill banning purchases of Russian-made rocket engines

    Congress OKs bill banning purchases of Russian-made rocket engines
    For more than a decade, the United States military has depended on buying Russian-made rocket engines to launch its most crucial satellites. On Friday, Congress said no more. Despite lobbying from a joint venture of Boeing Co. and Lockheed Martin Corp.,...
  • Spy satellite launched off California's coast

    Spy satellite launched off California's coast
    A rocket carrying a national defense satellite was launched Friday from Vandenberg Air Force Base. At 7:19 p.m., the Atlas V rocket blasted from the military base just north of Santa Barbara, according to the United Launch Alliance, which built the...
  • 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...