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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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News Coverage on Wachovia Corp. - CTNow
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Wachovia Corp.

A collection of news and information related to Wachovia Corp. published by this site and its partners.

Top Wachovia Corp. Articles

Displaying items 34-44
  • Earthquake causes Baltimore traffic congestion, transit delays

    Commuters experienced delays on roads, bridges and transit systems around the state as Marylanders felt the effect of a 5.8-magnitude earthquake in Virginia Tuesday, but most of the disruptions were clearing up by late afternoon. Jack Cahalan, a...
  • Man who robbed 2 Baltimore banks sentenced

    BALTIMORE (AP) — Federal prosecutors say a man who robbed two Baltimore banks with what he claimed to be were bombs has been sentenced to 14 years in prison. Thirty-year-old Nathaniel Green of Baltimore was also ordered at sentencing on Tuesday to...
  • Wells Fargo moves into a city it helped devastate

    Wells Fargo moves into a city it helped devastate
    This weekend you may notice former Wachovia branches around Baltimore getting a makeover, swapping out their old logos for brand new Wells Fargo signs. While Wells Fargo has been busy promoting the new and improved services customers will receive,...
  • Wells Fargo has been good to Baltimore

    As mentioned in a recent op-ed article in The Sun, a host of bank branches and offices were renamed Wells Fargo (formerly Wachovia) over the weekend ("Wells Fargo not a good neighbor in Baltimore," Sept. 16). The op-ed did not mention that before and...
  • Robin Hood sighting in Tampa

    Investigators said Elmer McGuirt robbed a Wachovia Bank in Tampa on Apr. 29th, reports The Tampa Tribune. His getaway vehicle was less than ideal -- a Hillsborough Area Regional Transit bus. While on the bus, the 27-year-old man began passing out...
  • 12/27: Progressions, promotions in Central Florida

    Architecture Baker Barrios Architects, Orlando, has hired Jennifer Szilagyi as intern architect. Boards of Directors Quest Inc., Orlando, has appointed the following officers for the 2010-2011 term: Chair, David Canora, Walt Disney Parks and Resorts;...
  • South Florida ATM news: Wells Fargo, Wachovia adds Russian to list of languages

    South Florida ATM news: Wells Fargo, Wachovia adds Russian to list of languages
    The Russians have arrived in South Florida – or at least the native tongue has been added to the list of languages understood by Wells Fargo and Wachovia bank ATMs. Why comrade, you ask? “Many of South Florida’s newest residents have come from Russia...
  • Regional investment bank aims for a reprise

    Regional investment bank aims for a reprise
    Jim Freedman and his partners have been here before. "We call this Act Three," he told me one day recently from the Westside high-rise office of Intrepid Investment Bankers, his new firm devoted to mergers and acquisitions in the regional middle market...
  • Bank robbery suspect pulled off CAT bus in downtown Harrisburg

    Bank robbery suspect pulled off CAT bus in downtown Harrisburg
    A quick arrest in a robbery in downtown Harrisburg. It happened just before 6 o'clock. Police say that 48 year old Gary Reid, walked into the Wachovia Bank at North 3rd and Walnut street and handed a teller a note demanding money. No weapon was displayed....
  • Couple called weekend of haircuts, drinking with accused bank robber ‘bizarre’

    What kind of world is it when you can't trust someone you met while serving time in the cooler? The two men met in the Monroe County jail and became fast friends. When Gregory Martin got out, he got in touch with his jail buddy, John Vogel, who lived in...
  • 11/15: Progressions, promotions in Central Florida

    Advertising Sarah Faust was hired as senior account executive and Becky Smith was hired as account executive at Acropolis in Orlando. Banking Larisa Perry was promoted to Central Florida regional president of Wachovia in Orlando. Hal Warren was...