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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 133-144
  • 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,...
  • 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 —...
  • The day ahead in business

    The day ahead in business
    Reports: June Consumer Price Index, ICSC-Goldman Sachs, June existing home sales, FHFA home price index for May, Richmond Fed Index for July, ICSC-Goldman Sachs and Redbook retail sales for period ending July 19 Local earnings: Discover Financial...
  • California lawmakers weigh tax credit for bomber program

    A bitter fight has broken out between aerospace industry behemoths over fast-tracked legislation that could provide one company with an upper hand in an upcoming $55-billion competition to build a fleet of next-generation stealth bombers. On one side is...
  • Cardin: Transit issues could push cyber workers away

    The lack of public transit and congested roads around Fort George G. Meade are a national security issue, U.S. Sen. Ben Cardin said Monday. Cardin, D-Md., said transportation is one of the biggest challenges facing Maryland's growing cyber security...
  • Our say: Boys & Girls Clubs are transformative; Jammed up

    The best teachers are those who never stop learning, the best salesmen are those who personally use and love the product and the best heads of Boys & Girls Clubs are those who know from experience - sometimes professional, but often personal - how these...
  • Iraq Kurds seize Kirkuk; Sunni militants surge toward Baghdad

    Iraq Kurds seize Kirkuk; Sunni militants surge toward Baghdad
    Iraqi Kurdish forces took control of the northern oil city of Kirkuk earlier Thursday, after government troops abandoned their posts in the face of a triumphant Sunni Islamist rebel march towards Baghdad that threatens Iraq's future as a unified state....
  • Iraq crisis: Obama faces limited options in Iraq crisis, doubts over air strikes

    Iraq crisis: Obama faces limited options in Iraq crisis, doubts over air strikes
    Two and a half years after President Barack Obama disentangled America from a long, unpopular war in Iraq, his options for helping the Iraqi government stave off a militant onslaught are slim as doubts simmer over whether even punishing air strikes...
  • Raymond T. Tate Jr., 89, of Mount Airy

    Raymond Theodore Tate Jr., 89, of Mount Airy, died Thursday, April 10, 2014, at his home in Mount Airy. Born in Ragland, Ala., in 1924, he was the son of the late Raymond T. Tate Sr. and Marian Curd Best. He was the husband of the late Helen Jackson...
  • 3 Democrats vie for spot on November ballot in District 31A

    Three Democrats and a Republican are fighting for the chance to be the first delegate from District 31A, carved out of Glen Burnie and Brooklyn Park neighborhoods during statewide redistricting two years ago. State leaders said the new district grouped...
  • 'Maleficent' casts spell on box office. R.I.P. Ann B. Davis.

    'Maleficent' casts spell on box office. R.I.P. Ann B. Davis.
    After the coffee. Before deciding who to root for in the Stanley Cup. The Skinny: I'm not a hockey fan, but I did watch the Kings' overtime win. Now I have a dilemma. Do I root for the Kings or do I root for the Rangers because in my heart I'm a New...