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 73-84
  • F-35 engine mishap, UK 'no show' rich in lessons learned

    FARNBOROUGH England (Reuters) - The engine failure that grounded Lockheed Martin's F-35 fighter jets and the warplane's now-canceled appearance at two UK air shows provided key "lessons learned" for the companies that build the jets, and the military...
  • U.S. Air Force seeking bids to launch spy satellite

    CAPE CANAVERAL Fla. - The U.S. Air Force released the first of up to eight solicitations for space launch services outside of its controversial, exclusive, multibillion-dollar agreement with United Launch Alliance, a partnership of Lockheed Martin and...
  • Parking revenue at Bob Hope hits turbulence

    Parking revenue at Bob Hope hits turbulence
    Bob Hope Airport officials said this week they want to better understand the “troubling” fluctuations in parking revenue. “Historically, the number of passengers that would come in any given month was more or less reflective of the...
  • Air Force taking bids to launch spy satellites for 1st time in decade

    For the first time in a decade, the Air Force has opened up a rocket competition to launch the U.S. government's most sophisticated national security satellites. The Air Force released a request for proposal on Tuesday to companies that want to...
  • The oxymoron of peace

    "At the same time, values and ideas which were considered universal, such as cooperation, mutual aid, international social justice and peace as an encompassing paradigm are also becoming irrelevant." Maybe this piercing observation by Roberto Savio,...
  • South Korea military chiefs endorse $8.2 billion development plan for home-built fighters

    SEOUL (Reuters) - South Korea's Joint Chiefs of Staff endorsed a plan on Friday for the country to design its own mid-level fighter jet, which a state think tank estimated will cost up to 8.5 trillion won ($8.24 billion) to develop. Dubbed the KF-X...
  • B-2 stealth bomber made its maiden flight 25 years ago

     B-2 stealth bomber made its maiden flight 25 years ago
    The radar-evading B-2 stealth bomber has been called one of the greatest achievements in military technology. With its distinctive “flying wing” design, the B-2 has a wingspan nearly as long as the Boeing 747 jumbo jet and yet it on radar it...
  • Florida's space agency launches new pitch for commercial rockets

    Florida's space agency launches new pitch for commercial rockets
    In the war between the states for the emerging commercial-rocket-launch industry, Florida is scrambling to regain momentum after a key rival — Texas — has all but secured victory in a major battle. At stake are hundreds of jobs —...
  • 480 US troops now in Baghdad as officials move to secure access to airport

    WASHINGTON The United States has deployed 300 more troops to Baghdad in the last two days, with some of them assigned to secure Baghdad's international airport, the Obama administration announced Monday. One senior U.S. official, speaking on the...
  • 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...
  • 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...