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(NYSE:Β LMT)
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(‘lockheed martin’ is an american global aerospace, defense, security and advanced technologies company with worldwide interests)
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It was formed by the merger of Lockheed Corporation with Martin Marietta in March 1995.
It is headquartered in Bethesda, Maryland, in the Washington, DC, area.
Lockheed Martin employs 97,000 people worldwide.
Marillyn Hewson is the current President and Chief Executive Officer.
Lockheed Martin is one of the largest companies in the aerospace, defense, security, and technologies industry.
It is the world’s largest defense contractor based on revenue for fiscal year 2014.
In 2013, 78% of Lockheed Martin’s revenues came from military sales; it topped the list of US federal government contractors and received nearly 10% of the funds paid out by the Pentagon.
(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%))
(‘Lockheed Martin’ operates in 5 business segments: ‘Aeronautics’, ‘Information Systems & Global Solutions’, ‘Missiles and Fire Control’, ‘Rotary and Mission Systems’, and ‘Space Systems’)
(the company has received the ‘Collier Trophy’ 6 times, including in 2001 for being part of developing the “X-35/F-35B LiftFan Propulsion System”, and most recently in 2006 for leading the team that developed the “F-22 Raptor” fighter jet)
(‘Lockheed Martin’ is currently developing the ‘F-35 Lightning II’ and leads the international supply chain, leads the team for the development and implementation of technology solutions for the new ‘USAF Space Fence’ (AFSSS replacement), and is the primary contractor for the development of the ‘Orion’ (spacecraft) command module)
(the company also invests in…
‘healthcare systems’,
‘renewable energy systems’,
‘intelligent energy distribution’
‘compact nuclear fusion’
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*12 OCTOBER 1983*
(japan’s former prime minister ‘tanaka kakuei’ is found guilty of taking a $2 million bribe from ‘lockheed’ and is sentenced to 4 years in jail)
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*πβ¨ *TABLE OF CONTENTS* β¨π·*
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π₯π₯π₯π₯π₯π₯*we won the war* π₯π₯π₯π₯π₯π₯