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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).

Founded in 1943 by engineer Clarence "Kelly" L. Johnson.

Timeline

December 21, 2020
Lockheed Martin announces $4.4 billion acquisition of Aerojet Rocketdyne.
October 7, 2010
Lockheed Martin raises a $9,500,000 series B round from Polaris Partners.
March 1998
Lockheed Martin raises a $376,400 grant.
March 1997
Lockheed Martin raises a $540,000 grant.
March 15, 1995
Lockheed Martin was founded by Allan Lockheed and Kelly Johnson.

Funding Rounds

Products

Acquisitions

Patents

Further Resources

Title
Author
Link
Type
Date

15 Things You Didn't Know About LOCKHEED MARTIN

Web

September 29, 2018

2021 Sustainability Report

Web

April 21, 2022

How We Protect What Matters Most

Web

January 19, 2022

News

Title
Author
Date
Publisher
Description
Jonathan Watts, global environment editor
September 27, 2021
the Guardian
One of the largest mining operations ever seen on Earth aims to despoil an ocean we are only barely beginning to understand
August 24, 2021
WebWire
Lockheed Martin (NYSE: LMT) has been awarded a $328.8 million, five-year contract from the Indian Air Force (IAF), to provide dedicated and comprehensive support for the IAF's fleet of 12 C-130J-30 Super Hercules Aircraft. Lockheed Martin is the original equipment manufacturer (OEM) of the C-130Js, which is the tactical airlifter of choice for 26 operators in 22 nations. Through this Follow On Support II (FOS) contract, Lockheed Martin teams manage the program, logistics and en...
Elizabeth Roche
August 24, 2021
mint
The Indian government had announced its purchase of six C-130J Super Hercules airlifter via a foreign military sale with the US Air Force in 2008
August 12, 2021
WebWire
Lockheed Martin's (NYSE: LMT) In-space Upgrade Satellite System (LINUSS) completed environmental testing and is ready for launch later this year, demonstrating how small CubeSats can regularly upgrade satellite constellations to add timely new capabilities and extend spacecraft design lives. LINUSS is a pair of LM 50TM 12U CubeSats -- each about the size of a four-slice toaster -- designed to demonstrate how small satellites can serve an essential role in sustaining critical space architec...
Elizabeth Roche
August 11, 2021
mint
According to analysts, an MRO facility in India means the aircraft would not need to be taken to the US or any other country where Lockheed has established an MRO unit
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References

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