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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's, were widely used in the Iraq. The company in ranked on the 53rd position in 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 having a prosperous run in the global markets over the years. The company achieved net sales worth $ 39,620 million in 2006. The consolidated operating profit was $ 3,953 million during this fiscal. The company’s performances over the previous fiscals are given below as a break up:

Net Sales
Net Earning
Corporate Address:
6801 Rockledge Dr.,
Bethesda, MD 20817-1877
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 Chairman President, and CEO. Lockheed Martin had an employee count of 135,000 employees in 2005.


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