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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 1-11
  • SpaceX delays planned cargo run to space station to early January

    Space Exploration Technologies is delaying the planned launch on Friday of an unmanned Falcon 9 rocket, which will carry a cargo ship to the International Space Station for NASA, to early January, officials said on Thursday. Liftoff from Cape Canaveral...
  • South Korea balks as U.S. picks Japan, Australia to service F-35s in Asia

    South Korea said on Thursday it will not send its F-35 fleet to Japan for heavy airframe maintenance, one of the two Asian hubs chosen by the United States to service the Lockheed Martin Corp stealth fighter. Instead, it is likely to fly the jets to...
  • U.S. chooses Japan to maintain F-35 jets in Asia: sources

    The Pentagon has chosen Japan as the Asian site for heavy maintenance of Lockheed Martin Corp F-35 fighter jets once the new warplanes start operating around the world, sources familiar with the program said on Wednesday. Nikkei, citing sources, reported...
  • Two-thirds of Americans back higher military spending: poll

    Two-thirds of Americans back higher military spending: poll
    More than two thirds of U.S. voters back increased military spending given growing threats to America's security, and would be more likely to support candidates who agree, the Aerospace Industries Association trade group said Wednesday. AIA, the...
  • Pentagon upbeat Lockheed will deliver 36 F-35s in 2014 as planned

    Lockheed Martin Corp is on track to deliver all 36 F-35 fighter jets planned in 2014, the Pentagon's F-35 program manager told reporters on Wednesday. Air Force Lieutenant General Chris Bogdan said the final two aircraft to be delivered to the U.S....
  • Navy renews $235M missile launch contract with Lockheed

    Navy renews $235M missile launch contract with Lockheed
    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...
  • Herman hired as Houston coach

    The Sports Xchange EditorsNote: adds quotes and details Herman hired as Houston coach Ohio State offensive coordinator Tom Herman will become the new head coach at the University of Houston, but first he plans to finish his job with the Buckeyes in...
  • Russian arms sales soared in 2013, bucking global slowdown: think tank

    Russian arms makers' sales soared 20 percent in 2013, bucking a slowdown in other countries' industries, largely thanks to a Kremlin push to modernize its military, the SIPRI think tank said on Monday. Russia's figures were strong enough to slow a three-...
  • 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...
  • 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.,...
  • 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...