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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 23-33
  • The college-for-all model isn't working

     The college-for-all model isn't working
    Instead of going through Congress and making the initiative bipartisan, President Obama acted alone in mid-November, promising $100 million in grants to specialized high schools — such as New York City's Pathways in Technology Early College High...
  • SpaceX reaches milestone in rocket launch from Cape Canaveral

    SpaceX reaches milestone in rocket launch from Cape Canaveral
    With a thunderous roar, a 224-foot rocket carrying a massive satellite launched from Cape Canaveral and blasted into outer space, hurtling over the Atlantic Ocean as it cut across the night sky. On Tuesday, Hawthorne rocket maker SpaceX lifted the SES-8...
  • Rocket roars to life at Vandenberg with secret orbital payload

    Rocket roars to life at Vandenberg with secret orbital payload
    A 19-story-tall rocket launched from Vandenberg Air Force Base late Thursday night, carrying a secret payload for the U.S. government. An Atlas V rocket blasted off from Space Launch Complex 3 at 11:15 p.m. PST, lighting up the night sky as it roared...
  • Mars One is one step closer to its dream of colonizing Mars

    Mars One is one step closer to its dream of colonizing Mars
    Mars One is a plucky not-for-profit organization that wants to turn the colonization of Mars into a worldwide reality TV show -- and it appears to be making headway. On Tuesday, Mars One announced it had contracted Lockheed Martin to develop a mission...
  • Lockheed trims layoffs after Pentagon recalls furloughed workers

    Lockheed trims layoffs after Pentagon recalls furloughed workers
    WASHINGTON -- Defense giant Lockheed Martin Corp. said Monday it would reduce its planned layoffs to 2,400, after the Pentagon recalled most of the civilian workers it had furloughed because of the partial federal government shutdown. The move came...
  • URS Corp. furloughs 3,000 workers amid government shutdown

    URS Corp. furloughs 3,000 workers amid government shutdown
    A San Francisco-based engineering-advisory firm, URS Corp., said Thursday it has furloughed 3,000 employees because of the partial government shutdown and more employees could be affected if the stalemate in Washington drags on. URS said that those...
  • Area 51 revealed, home of secret spy planes, conspiracy theories

    Area 51 revealed, home of secret spy planes, conspiracy theories
    Area 51 has to be the worst-kept secret in the aerospace industry. It’s where some of the most innovative military aircraft ever built by Lockheed Martin Corp.’s Skunk Works were flight tested. Supposedly. For decades, the government has...
  • America's biggest rocket blasts off, likely carrying spy satellite

    America's biggest rocket blasts off, likely carrying spy satellite
    A 235-foot-tall rocket carrying a top-secret spy satellite roared to life and blasted off from Vandenberg Air Force Base, leaving a thick white plume as it cut across the morning sky. The launch took place Wednesday at 11:03 a.m. PDT at the...
  • Lawyers in Michael Jackson wrongful-death suit can't mask animosity

    Lawyers in Michael Jackson wrongful-death suit can't mask animosity
    Brian Panish was indignant as the two men argued in the judge's chambers. "Judge," the Michael Jackson family attorney snapped, "if I want to give him the finger, I know how to give him the finger." "And you did it quite well twice," replied Marvin...
  • Shuttle Endeavour's final journey is carefully choreographed

    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 constellation of engineers and assembly line workers designed and built the shuttle in Southern California. A universe of scientists hurled it...
  • New Camaros tear down runway to help U-2 spy planes land

    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. For more than 50 years, the chase cars have been critical to the high-flying U-2’s mission....