Lockheed Martin (NYSE: LMT) is an American global aerospace, defense, security, and advanced technology company with worldwide interests. It was formed by the merger of Lockheed Corporation with Martin Marietta in March 1995. It is headquartered in Bethesda, Maryland, in the Washington Metropolitan Area. Lockheed Martin employs 123,000 people worldwide. Robert J. Stevens is the current Chairman and Chief Executive Officer. Lockheed Martin is one of the world's largest defense contractors; In 2009, 74% of Lockheed Martin's revenues came from military sales. It received 7.1% of the funds paid out by the Pentagon. Lockheed Martin operates in four business segments. These comprise, with respective percentages of 2009 total net sales of $45.2 billion, Aeronautics (27%), Electronic Systems (27%), Information Systems & Global Solutions (27%), and Space Systems (19%). In 2009 US Government contracts accounted for $38.4 billion (85%), foreign government contracts $5.8 billion (13%), and commercial and other contracts for $900 million (2%). In both 2009 and 2008 the company topped the list of US Federal Contractors. The company has received the Collier Trophy six times.
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Engineers at Lockheed Martin and NASA breathed life into the next Orion crew module when they powered up the spacecraft for the first time at the Kennedy Space Center, Florida. Designed for human spaceflight, this Orion will ...
Space Exploration
Aug 23, 2017
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Lockheed Martin today revealed the first images from an experimental, ultra-thin optical instrument, showing it could be possible to shrink space telescopes to a sliver of the size of today's systems while maintaining equivalent ...
Space Exploration
Aug 4, 2017
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Refurbishing a shuttle-era cargo container used to transfer cargo to the International Space Station, Lockheed Martin is prototyping a deep space habitat for NASA at Kennedy Space Center. This prototype will integrate evolving ...
Space Exploration
Jul 21, 2017
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Their demanding missions often require soldiers to carry heavy equipment packs long distances over rough terrain, or up and down stairs and underground infrastructure in urban environments. Exhaustion and injury are frequently ...
Engineering
May 17, 2017
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Lockheed Martin has completed the design, development and demonstration of a 60 kW-class beam combined fiber laser for the U.S. Army.
Engineering
Mar 17, 2017
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The fifth Mobile User Objective System (MUOS) satellite built by Lockheed Martin for the U.S. Navy has reached orbit, successfully deployed its solar arrays and antennas, and is beginning pre-operational, on-orbit testing.
Space Exploration
Nov 7, 2016
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Delivering the most detailed images of the sun's lower atmosphere ever recorded from space, the Interface Region Imaging Spectrograph (IRIS), built and operated by Lockheed Martin for NASA, has received more time to deliver ...
Space Exploration
Sep 20, 2016
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Lockheed Martin's Miniature Hit-to-Kill (MHTK) interceptor was successfully launched in an engineering demonstration at White Sands Missile Range, New Mexico. The demonstration on Friday, July 29, was part of the U.S. Army's ...
Engineering
Aug 3, 2016
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Final preparations are underway at Lockheed Martin to ship DigitalGlobe's WorldView-4 earth imaging satellite to Vandenberg Air Force Base for a Sept. 15 launch.
Space Exploration
Jul 14, 2016
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For the first time, infrared data from the Lockheed Martin-built Space Based Infrared System (SBIRS) will be made available for new military and civilian uses at the Air Force's recently opened data utilization lab in Boulder, ...
Space Exploration
Jul 7, 2016
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