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Lockheed Martin

History:
Lockheed Martin is the world's leading defense contractor. The company was established in 1995 by the merger of Lockheed Corporation with Martin Marietta. Hellfire missiles, a product of Lockheed, were widely used in the Iraq war. The company is ranked 53rd on the FORTUNE 1000 list of global companies.
Activities:
Defense and related services form the main line of business for Lockheed Martin. The prime business divisions of Lockheed Martin are:
  • Aeronautics: includes Lockheed Martin Aeronautics and Lockheed Martin Aircraft & Logistics Centers

  • Electronic Systems: includes Lockheed Martin Maritime Systems & Sensors, Lockheed Martin Missiles & Fire Control, Lockheed Martin Simulation, Training & Support, Lockheed Martin Advanced Technology Labs, etc.





  • Information Systems and Global Services: includes Lockheed Martin Information Technology, Lockheed Martin Integrated Systems & Solutions, Lockheed Martin Transportation & Security Solutions, etc.

  • Space Systems: includes Lockheed Martin Space Systems

  • Other Sectors: includes LMC Properties, Lockheed Martin Finance Corporation, Lockheed Martin Enterprise Information Systems, etc.
Performance:
Lockheed Martin is enjoying a prosperous run in the global markets. The company achieved net sales worth $39.62 billion in 2006. The consolidated operating profit was $3.95 billion during this fiscal year. The company's performances over the previous fiscals are given below:
Headquarters
6801 Rockledge Dr.
Bethesda, MD 20817-1877
United States
Telephone: 301-897-6000
Fax: 301-897-6704
Website: www.lockheedmartin.com
Organization:
Lockheed Martin is headed by Mr. Robert J. Stevens who is the company's Chairman, President, and CEO. Lockheed Martin had an employee count of 135,000 in 2005.



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