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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
  • Iraq Kurds seize Kirkuk; Sunni militants surge toward Baghdad

    Iraq Kurds seize Kirkuk; Sunni militants surge toward Baghdad
    Iraqi Kurdish forces took control of the northern oil city of Kirkuk earlier Thursday, after government troops abandoned their posts in the face of a triumphant Sunni Islamist rebel march towards Baghdad that threatens Iraq's future as a unified state....
  • Lockheed Martin to pull employees out of Iraq over safety concerns

    Lockheed Martin to pull employees out of Iraq over safety concerns
    Global defense and security company Lockheed Martin announced plans Thursday to evacuate all employees from the Balad area in northern Iraq due to concerns for their safety with escalating violence in the region, officials confirmed. “We are fully...
  • 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...
  • '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...
  • 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....
  • Lockheed F-35 training work gets big boost

    Lockheed F-35 training work gets big boost
    Lockheed Martin Corp. has received a nearly $233 million boost to its Orlando work on flight-training and maintenance simulators for the advanced but often troubled F-35 Joint Strike Fighter program. The contract increase – one of the largest...
  • Navy will test Lockheed Martin exoskeleton technology

    Navy will test Lockheed Martin exoskeleton technology
    Lockheed Martin has received a contract for the U.S. Navy to evaluate and test human exoskeleton technology, which is basically a framework worn over clothing that is designed to help with heavy lifting. Specifically, the Navy is testing two Fortis...
  • Air Force grounds 82 F-16 fighter jets after cracks found near cockpit

    Air Force grounds 82 F-16 fighter jets after cracks found near cockpit
    The Air Force has temporarily grounded 82 of its aging F-16 fighter jets after structural cracks were found near the cockpits. The first cracks were discovered July 31 during post-flight inspections of a F-16D model, which is a two-seat variant...
  • In response to Ferguson, Obama orders review of police use of military hardware

    In response to Ferguson, Obama orders review of police use of military hardware
    President Obama has ordered a review of the distribution of military hardware to state and local police out of concern at how such equipment has been used during racial unrest in Ferguson, Missouri. The president ordered the examination of federal...
  • Lockheed's exoskeleton 'Iron Man suit' may fit commercial world

    Lockheed's exoskeleton 'Iron Man suit' may fit commercial world
    Lockheed Martin Corp.'s Orlando missiles group unveiled its latest version of exoskeleton wear last week, a sign that the defense contractor may once again have its eye on the commercial world. Well known for aptly named military weapons such as...
  • Baltimore startup Maddrix lands on list of NSA cybersecurity experts

    Baltimore startup Maddrix lands on list of NSA cybersecurity experts
    When federal databases containing sensitive information on U.S. intelligence or nuclear weapons come under cyberattack, the agencies call on major companies like Lockheed Martin, Verizon and Booz Allen Hamilton — as well as a two-year-old startup in...