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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 25-36
  • 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...
  • Baltimore through student eyes [Commentary]

    Baltimore through student eyes [Commentary]
    When my family and I moved to this region in the late 1970s, we were struck by how many people made a sharp distinction between "the City" and surrounding counties. In today's global society, the boundaries blur. I hear UMBC students from Moscow to...
  • 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...
  • Lockheed Martin looks to grow health care role

    Lockheed Martin looks to grow health care role
    Lockheed Martin, a government contractor best known for its fighter jets, formally opened a health care center in Baltimore County Wednesday, part of a bid to expand the company's role in the medical sector. While health care services still represent a...
  • 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...
  • Lockheed Martin to furlough 3,000 employees

    Lockheed Martin to furlough 3,000 employees
    Bethesda-based Lockheed Martin said Friday that it will furlough about 3,000 employees across the company beginning Monday and warned that more workers would likely be sent home in later weeks if the federal government's partial shutdown continues....
  • In Md., government shutdown buffets businesses

    In Md., government shutdown buffets businesses
    At least 100 federal workers usually crowd the Salsa Grill in Woodlawn for lunch. By Friday, the fourth day of the partial federal government shutdown, their numbers dwindled to three. The Peruvian eatery — across from the Social Security...
  • Making STEM cool

    Making STEM cool
    Fourteen percent of the engineering workforce. Twenty-seven percent in math and science careers. Twenty-five percent in professional IT jobs. The number of women in science, technology, engineering and math (STEM) careers is dismal. As is the number...
  • Jet that crashed off Chincoteague recovered by Navy

    Jet that crashed off Chincoteague recovered by Navy
    A fighter jet that crashed off Chincoteague Island in Virginia this month was recovered in pieces from more than 100 feet below the ocean's surface during a 15-day salvage operation that ended this week, according to the Navy. Among the salvaged wreckage...
  • Corporate welfare for Lockheed Martin

    Corporate welfare for Lockheed Martin
    At this time of severe cutbacks in government funding for food stamps, early childhood education and Meals on Wheels, some Maryland legislators are hard at work looking out for the welfare of one of the world's wealthiest corporations. Under a bill...
  • Little action to stop defense cuts, despite warnings

    Defense officials and their allies in Congress have done their best to create a sense of crisis about impending budget cuts, but their warnings have failed to produce any visible result. Instead, partisan divisions have hardened over how to avoid the...