Lockheed Martin

Lockheed Martin

Lockheed Martin is an aerospace and defense manufacturer, and the largest defense contractor in the world

Overview

Lockheed Martin is an American aerospace, arms, security, defense, and advanced technologies company. The company was formed due to the merger between Lockheed Corporation and Martin Marietta in March of 1995. Lockheed Martin is headquartered in Bethesda, Maryland, and Washington, D.C., with various other locations worldwide and employs over 100,000 people. The company operates in four business areas: aeronautics, missiles and fire control (MFC), rotary and missions systems (RMS), and space.

Lockheed Martin serves as one of the world's largest military support, aerospace, security, and technology agencies. Additionally, the company is the world's largest military contractor, with over 75% of its sales coming from military sources, based on its 2014 revenue reporting. Lockheed Martin is also a contractor to the U.S. Department of Energy and the National Aeronautics and Space Administration (NASA).

Timeline

December 21, 2020
Lockheed Martin announces $4.4 billion acquisition of Aerojet Rocketdyne.

Funding rounds

Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
Lockheed Martin Series B round
9,500,000
October 7, 2010
5 Results
Results per page:
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People

Name
Role
LinkedIn

Jonathan Todd Clinard

Investor

Leland Schultz

Attorney

Mohamed El Beltagi

Investor

Rose Stubberfield

Investor

Sayyaf Masood

Advisor

Thomas Wong

Advisor

Further reading

Title
Author
Link
Type
Date

The US and China are in a quantum arms race that will transform warfare

Martin Giles

Web

January 3, 2019

Documentaries, videos and podcasts

Title
Date
Link

Companies

Company
CEO
Location
Products/Services

News

Title
Author
Date
Publisher
Description
Warrior Maven
January 17, 2021
Fox News
Navy destroyers will soon be armed with high-powered, precision 60kw laser weapons that can track and incinerate attacking drone targets at sea, bringing new "at-the-speed-of-light" attack technology to maritime warfare in new ways.
Odgers Berndtson
January 13, 2021
www.prnewswire.com:443
/PRNewswire/ -- Odgers Berndtson, a leading global executive search firm, is pleased to announce the successful recruitment of Dr. Robert (Rob) F. Smith as...
January 11, 2021
WebWire
This year, the U.S. Navy will field the first acquisition program to deploy the High Energy Laser with Integrated Optical-dazzler and Surveillance, or HELIOS, a laser weapon system with high-energy fiber lasers for permanent fielding by the U.S. Department of Defense. This will be the only deployed laser system integrated into an operational Flight IIA DDG. This follows the Lockheed Martin (NYSE: LMT) and Navy's recent demonstration of full laser power in excess of the 60 kW requirement....
Warrior Maven
January 4, 2021
Fox News
It is a vast expanse ... an indoor warehouse in Fort Worth, Texas, that almost resembles a small city, filled with row after row of F-35 stealth fighter components and structures at various stages of construction.
Lockheed Martin Aeronautics
December 28, 2020
www.prnewswire.com:443
/PRNewswire/ -- Lockheed Martin (NYSE: LMT) delivered the 123rd F-35 aircraft of the year last week. Lockheed Martin delivered the 123rd F-35 aircraft of the...
Eric Berger
December 23, 2020
Ars Technica
"It has surely been a year of challenges."
MIND Technology, Inc.
December 22, 2020
www.prnewswire.com:443
/PRNewswire/ -- MIND Technology, Inc. (NASDAQ: MIND) ("MIND" or the "Company") today announced that Michael A. Williams has been named General Manager at its...
Anthony Ha
December 21, 2020
TechCrunch
We look at the tech implications of the new stimulus bill, Lockheed Martin makes a big rocket engine acquisition and Google Cloud expands. This is your Daily Crunch for December 21, 2020. The big story: Stimulus bill includes money for broadband and energy The $900 billion pandemic relief bill that lawmakers agreed on over the [...]
Emily Graffeo
December 21, 2020
markets.businessinsider.com
Aerojet makes defense rocket engines and will give Lockheed a larger stake in the increasingly competitive space and hypersonic technology sector.
Mike Butcher
December 21, 2020
TechCrunch
Lockheed Martin (LM), the US's largest defence contractor will acquire Aerojet Rocketdyne (AR), a rocket engine and missile manufacturer, for $4.4 billion including debt and net cash, giving the company a larger stake in space and hypersonic technology. The move comes amid the context of increasing competition in the Space and Defence industries. In a [...]
Devin Coldewey
December 17, 2020
TechCrunch
NASA's Artemis mission is just starting to get underway, and among the commercial partnerships vying for the privilege of building the lunar landing system is one between Lockheed Martin and Blue Origin, which is leading the effort. Lockheed VP and GM of Commercial Civil Space Lisa Callahan says that the collaboration has been surprisingly smooth [...]
December 17, 2020
WebWire
Littoral Combat Ship (LCS) 23, the future USS Cooperstown, completed acceptance trials in Lake Michigan. Trials included a full-power run, maneuverability testing, and surface and air detect-to-engage demonstrations of the ship's combat system. Major systems and features were demonstrated, including aviation support, small boat launch handling and recovery and machinery control and automation. Now that trials are complete, the ship will undergo final outfitting and fine-tuning before deli...
December 15, 2020
WebWire
Lockheed Martin (NYSE: LMT) successfully conducted a flight test mission featuring distributed processing onboard the U-2 Dragon Lady via Kubernetes containerization technology. The demonstration is a critical steppingstone toward creating a DevSecOps environment to enable the delivery of enhanced software capability to airborne assets in real-time. "The U-2 Kubernetes demonstration from mid-November not only advances the deployment pipeline for in-flight software upgrades but also operat...
Warrior Maven
December 9, 2020
Fox News
Amphibious assaults, coordinated air-ground-sea strikes and dismounted individual ground attacks are all indispensable components of the Marine Corps' mission capabilities.
Loren Grush
November 30, 2020
The Verge
In early November, engineers at NASA and Lockheed Martin discovered a power component had failed in NASA's future deep-space crew capsule Orion -- a problem that could take several months to fix.
Lockheed Martin
November 25, 2020
www.prnewswire.com:443
/PRNewswire/ -- Lockheed Martin [NYSE: LMT] has closed its acquisition of the Hypersonics portfolio of Integration Innovation Inc. (i3), a software and systems...
Fox News
November 6, 2020
Fox News
The fact that the Air Force's new 6th-Gen aircraft has taken to the skies raises many interesting questions
Lockheed Martin
November 6, 2020
www.prnewswire.com:443
/PRNewswire/ -- The fourth Lockheed Martin (NYSE: LMT)-built Global Positioning System III (GPS III) satellite is now headed to orbit under its own propulsion....
Eric Berger
October 23, 2020
Ars Technica
"Public discussion is harmful to its creation."
DNA Web Team
October 18, 2020
DNA India
Moon getting 4G coverage? Nokia wins NASA contract to roll out LTE on lunar surface - NASA, the US-based space agency has awarded Nokia USD 14.1 million to deploy a 4G cellular network on the moon.
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References

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