Business
The nation’s biggest defense contractor was formed Wednesday as Lockheed Corp. and Martin Marietta Corp. completed their historic $10-billion merger, setting the stage for another wave of layoffs in the shrinking U.S. aerospace industry.
March 16, 1995
From factories in Palmdale and Sunnyvale to a supplier’s plant in El Monte to the Downtown Los Angeles offices of leading charities, Californians were bracing Tuesday for the fallout from Lockheed Corp.’
Aug. 31, 1994
Lockheed Martin Corp.’s F-22 is the most lethal fighter jet in the world.
June 14, 2013
Pentagon Endorses Lockheed-Martin Merger: Saying defense mergers are “both inevitable and necessary” because of defense spending cuts, Deputy Defense Secretary John M.
Dec. 30, 1994
The financial, technical and political power created by the proposed $10-billion merger of Lockheed Corp. and Martin Marietta Corp. left defense industry experts stunned Tuesday as they began to assess its impact.
The benefits of the dizzying defense consolidation of recent years are still hotly debated, but supporters and critics seem to agree on one point: The proposed huge merger of Lockheed Martin Corp. and Northrop Grumman Corp. will probably be the trend’s finale.
July 4, 1997
Lockheed-Martin Merger Given FTC Clearance: Lockheed Corp. and Martin Marietta Corp. agreed to settle federal charges that their proposed $10-billion merger would violate antitrust laws.
Jan. 12, 1995
It took the biggest merger in the history of the aerospace industry to get Daniel M.
Stock market regulators are examining possible insider trading in Lockheed Corp. stock the days leading up to the announcement of a $10-billion merger with Martin Marietta Corp., officials said Friday.
Sept. 10, 1994
FTC Makes Second Inquiry on Lockheed-Martin Merger: The Federal Trade Commission has asked for further information from Lockheed Corp. and Martin Marietta Corp. about their $10-billion merger plan.
Oct. 25, 1994