RSS feeds allow Web site content to be gathered via feed reader software. Click the subscribe link to obtain the feed URL for this page. The feed will update when new content appears on this page.

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...
Show more »
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.
« Show less

Top Lockheed Martin Corp. Articles

Displaying items 89-99
  • Bob Hope Airport sees fewer passengers in March

    Bob Hope Airport sees fewer passengers in March
    The number of passengers traveling through Bob Hope Airport declined by almost 4% last month compared to March 2013, according to the latest statistics. There were 320,787 passengers last month, a roughly 3.9% slide from 333,647 passengers the same time...
  • Northrop's latest expansion may be tied to B-2 bomber bid

    Northrop's latest expansion may be tied to B-2 bomber bid
    Northrop Grumman Corp. revealed Thursday its second major Space Coast expansion in as many years, a move that could potentially create 1,800 high-paying jobs and provide a $500 million lift for an area still hard-hit from the end of the space-shuttle...
  • 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...
  • 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....
  • Military's pricey F-35 fighter jet catches fire during takeoff in Florida

    Military's pricey F-35 fighter jet catches fire during takeoff in Florida
    A fire broke out on a F-35 Joint Strike Fighter after an attempted takeoff at Eglin Air Force Base in Florida. The radar-evading, supersonic fighter jet, a nearly $400-billion weapons program under development for more than a decade, experienced the...
  • F-35 fighter jets to resume flights after fire led to grounding

    F-35 fighter jets to resume flights after fire led to grounding
    A fleet of F-35 Joint Strike Fighter jets is expected to return to regular flight operations at Eglin Air Force Base in Florida after being grounded because of a fire this week. All F-35 flight operations for the Air Force at the base had been...
  • Assembly approves tax credits for aerospace industry

    Assembly approves tax credits for aerospace industry
    The California Assembly on Thursday approved a fast-tracked proposal to provide up to $420 million in tax breaks over 15 years for the aerospace industry. The bill by Assemblyman Steve Fox (D-Palmdale) would offer credits for an "advanced strategic...
  • U.S. military grounds all F-35 jets after fire at Florida base

    U.S. military grounds all F-35 jets after fire at Florida base
    In the latest setback for the Pentagon’s nearly $400-billion F-35 Joint Strike Fighter program, the U.S. military has grounded all of the fighter jets from flight operations after one of them caught fire at Eglin Air Force Base in Florida earlier...
  • U.S. Military Grounds All F-35 Jets After Fire At Florida Base

    In the latest setback for the Pentagon's nearly $400 billion F-35 Joint Strike Fighter program, the U.S. military has grounded all of the fighter jets from flight operations after one of them caught fire at Eglin Air Force Base in Florida earlier this...
  • U.S. military grounds F-35 Joint Strike Fighter after fire

    U.S. military grounds F-35 Joint Strike Fighter after fire
    In the latest setback for the Pentagon's pricey F-35 Joint Strike Fighter program, the U.S. military has grounded all of the fighter jets from flight operations after a fire that occurred at Eglin Air Force Base in Florida this week. Flights were...
  • Sensor project will rely on teamwork

    Sensor project will rely on teamwork
    If all the dollars and cents, bricks and mortar eventually fall into place, the University of Central Florida will make a national showcase out of its proposed smart-sensor research and manufacturing center in Osceola County. One thing has become clear,...