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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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Pickup Trucks

A collection of news and information related to Pickup Trucks published by this site and its partners.

Top Pickup Trucks Articles see all

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  • Forbes Selects 'Toughest' Trucks of 2012

    The resident auto expert at Forbes.com just wrote a story about the toughest trucks of 2012. The article (with an admittedly great title) is both odd and interesting because of the criteria.
  • Did Ram outsell Chevy Silverado for first time in history last month?

     
    Filed under: Car Buying, Truck, Chevrolet, Earnings/Financials, Ram Recently released automotive March sales figures point to a major shakeup in the pickup world. Last month, Ram's trucks overtook the Chevrolet Silverado to become the second-best...

    Weather, incentives help lift March U.S. auto sales

    Weather, incentives help lift March U.S. auto sales
    DETROIT/SAN FRANCISCO (Reuters) - The top five automakers in the United States on Tuesday reported higher March sales, beating forecasts and raising expectations April could show an even stronger sales rebound after a long winter. Sales rose 5.7...

    Auto sales rebounded in March to strongest level since November

    DETROIT U.S. consumers returned to showrooms in full force in March as one of the coldest winters on record for most of the country began to subside, giving automakers confidence that sales are back on track. Sales of new cars and trucks increased 5.7...

    Ford F-150, Toyota Tacoma top ASG list of most eco-friendly trucks

     
    Filed under: MPG, Ford No one's going to confuse the massively popular Ford F-150 pickup truck with a green vehicle, but at least it performs well in an environmental sense when compared to its brethren. The Automotive Science Group (ASG) took on the...