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Highlights
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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    May 20, 2013 |Story| Los Angeles Times
  1. F-35 fighter jet program reaches milestone with vertical takeoff

    <iframe width="600" height="425" src="http://www.youtube.com/embed/zW28Mb1YvwY?rel=0" frameborder="0" allowfullscreen></iframe>
    The F-35 fighter jet, a nearly $400-billion weapons program under development for more than a decade, hit a major milestone when it completed its first-ever vertical takeoff. On Monday, aircraft manufacturer Lockheed Martin Corp. released a video in...

    Tags: Armed Forces, Virgin Group, Ltd., Bethesda (Montgomery, Maryland), Military Equipment, U.S. Department of Defense

  2. Apr 1, 2013 |Story| Los Angeles Times
  3. Federal budget cuts to squeeze some states harder than others

    With the Pentagon set to whack its share of $85 billion in automatic federal budget cuts last month, it didn't take long for Velma Searcy to feel the pain. The owner of a Palmdale maker of military aircraft parts saw two contracts quickly evaporate as defense firms pulled back.
    With the Pentagon set to whack its share of $85 billion in automatic federal budget cuts last month, it didn't take long for Velma Searcy to feel the pain. The owner of a Palmdale maker of military aircraft parts saw two contracts quickly evaporate as...

    Tags: Job Layoffs, Congressional Budget Office, Layoffs and Downsizing, Career and Workplace, Budgets and Budgeting

  4. Nov 22, 2012 |Story| Los Angeles Times
  5. New Camaros tear down runway to help U-2 spy planes land

    The Air Force is in the midst of swapping out the fleet of high-speed sport cars that chase down its sinister-looking black spy planes at breakneck speeds.
    The Air Force is in the midst of swapping out the fleet of high-speed sport cars that chase down its sinister-looking black spy planes at breakneck speeds. For more than 50 years, the chase cars have been critical to the high-flying U-2’s mission....

    Tags: Ford, Armed Forces, Chevrolet, G8, U.S. Department of Defense

  6. Sep 16, 2012 |Story| Los Angeles Times
  7. Shuttle Endeavour's final journey is carefully choreographed

    A diva requires special handling and an entourage. Whatever the stage, the space shuttle Endeavour gets both.
    A diva requires special handling and an entourage. Whatever the stage, the space shuttle Endeavour gets both. A constellation of engineers and assembly line workers designed and built the shuttle in Southern California. A universe of scientists hurled it...

    Tags: Hudson River, Los Angeles International Airport, Science, California Science Center, Air Transportation Industry

  8. Jan 5, 2012 |Story| Los Angeles Times
  9. |Story
  10. Jan 10, 2012 |Story| Los Angeles Times
  11. |Story
  12. Dec 8, 2011 | Los Angeles Times
  13. Iran shows off alleged captured U.S. drone [Video]

    Money & Company
    The Iranian government allowed television crews to shoot footage of the radar-evading, bat-winged drone the country claims to have hacked into and brought down over the weekend....
  14. Dec 15, 2011 | Los Angeles Times
  15. Air Force says pilot at fault in fatal F-22 Raptor crash

    Money & Company
    A long-awaited report was made public by the Air Force and disclosed details about the death of a pilot who crashed in the Alaskan wilderness in the military's most expensive fighter jet, the F-22 Raptor....
  16. Jan 5, 2012 | Los Angeles Times
  17. Boeing's free-market move is going to cost Kansas big-time

    Opinion L.A.
    Shrinking government isn't a free lunch; it means job losses, and not only in the public sector. Just ask the 2,160 Boeing workers in Kansas who just saw their jobs go away....
  18. Oct 5, 2011 | Los Angeles Times
  19. Military's first cargo-carrying drone aircraft is going to war

    Money & Company
    The Marine Corps will deploy its first-ever cargo lifting drone helicopter into the war zone when it sends the K-MAX to Afghanistan next month....
  20. Oct 17, 2011 | Los Angeles Times
  21. Pentagon, NASA open space launch missions to private ventures [Updated]

    Money & Company
    The U.S. government has taken the first steps toward allowing commercial space companies to launch its national security satellites into outer space....
  22. Oct 28, 2011 | Los Angeles Times
  23. NASA launches satellite from Vandenberg at night [Video]

    Technology
    In the pre-dawn hours, NASA launched a 13-story rocket from Vandenberg Air Force Base that lighted the night sky for miles around....
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Lockheed Martin Corp. Photos
Designed by Clarence L. Kelly Johnson, the legendary ch...
(January 26, 2012)
U-2 planes on the tarmac
A U-2 spy plane is displayed at the Lockheed Advanced D...
(January 25, 2012)
U-2 in Palmdale
An F-35 fighter jet lands at Edwards Air Force after co...
(August 16, 2011)
F-35 fighter jet