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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
  • Will new suit revolutionize speedskating?

    The locker room in suburban Salt Lake City was secured by a password-locked door. Cellphones were prohibited. Those entering signed a guarantee they wouldn't share information. Waiting inside was the result of more than two years of work by an...
  • Speedskaters fear Under Armour suits a factor in slow times at Olympics

    Speedskaters fear Under Armour suits a factor in slow times at Olympics
    SOCHI, Russia — In the wake of disappointing results that have seen its speedskaters on the verge of their worst Olympic performance in three decades, U.S. Speedskating may change the one factor it controls — its race suit. Under Armour...
  • U.S. speedskaters will hang up new Under Armour suits for old

    U.S. speedskaters will hang up new Under Armour suits for old
    U.S. speedskaters will resume competition Saturday in an older racing suit from Baltimore-based Under Armour, hanging up the company's high-tech Mach 39 suit introduced for the Winter Olympics in Sochi. Some skaters worried the new suit might be hurting...
  • Former Pratt Employee Indicted For Allegedly Trying To Send Engine Files To Iran

    A federal grand jury in Bridgeport on Tuesday indicted a former Pratt & Whitney employee with two counts of transporting stolen property across state lines for his alleged attempts to ship proprietary documents to Iran related to the U.S. military's Joint...
  • Ex-Pratt Worker Allegedly Tried To Ship F-35 Files To Iran

    Ex-Pratt Worker Allegedly Tried To Ship F-35 Files To Iran
    Pratt & Whitney said Monday it is cooperating with authorities after federal agents arrested a former employee for trying to ship documents to Iran related to the U.S. military's Joint Strike Fighter aircraft. The East Hartford defense contractor, the...
  • The future of women in tech [Commentary]

    The future of women in tech [Commentary]
    This article has been updated to reflect the correct field for visual arts professor Eric Smallwood.  Thirty years ago, U.S. colleges and universities awarded 37 percent of computer science bachelor's degrees to women. Today, when that number should...
  • Under Armour, US Speedskating renew contract for eight years

    Under Armour, US Speedskating renew contract for eight years
    Under Armour acted swiftly to move beyond the controversy over whether the brand's high-tech skinsuits were responsible for U.S. speedskaters' lackluster run at the Sochi Olympics. The Baltimore sports apparel maker renewed its sponsorship of US...
  • Chicago picked as site for Obama's manufacturing initiative

    Chicago picked as site for Obama's manufacturing initiative
    Chicago will be the site of a digital manufacturing institute backed by $70 million in federal money and another $250 million in private and other government funding, giving the city, once a factory town, a better chance to re-establish its credentials as...
  • Pentagon downsizing could impact Maryland contractors, service members

    Pentagon downsizing could impact Maryland contractors, service members
    The Army would shrink to its lowest troop levels since just before World War II under a budget proposed Monday by the Obama administration that seeks to downsize the Pentagon in ways that could have a significant impact on service members and...
  • U.Md. program awards $4.1 million to companies and faculty developing tech products

    U.Md. program awards $4.1 million to companies and faculty developing tech products
    A University of Maryland program that matches researchers with companies has awarded $4.1 million to 15 teams working to bring technology products to market. Baltimore-area companies that will work with faculty through the Maryland Industrial...
  • White House seeks halt to military spending cuts

    White House seeks halt to military spending cuts
    WASHINGTON — The Obama administration called for a halt in reducing military spending, arguing that further cuts would result in a significantly smaller Army and Marine Corps, the mothballing of airplanes and an aircraft carrier, and the purchase of...