Lockheed Martin

Type: Public
Founded: 1912 (in 1995, company took on current name)
Headquarters: Headquarters in Bethesda, Maryland; locations in 45 U.S. states and 56 countries
Key people:Robert J. Stevens: Chairman, President, and Chief Executive Officer
Industry: Aerospace and defense
Products: ATC systems, ballistic missiles, munitions, NMD elements, transport aircraft, fighter aircraft, radar, satellites, Atlas launch vehicles, NASA's Orion spacecraft, numerous others
Website: www.lockheedmartin.com

General Information

Lockheed Martin (NYSE: LMT) is a leading multinational aerospace manufacturer and advanced technology company formed in 1995 by the merger of Lockheed Corporation with Martin Marietta. It is headquartered in Bethesda, Maryland, a community in Montgomery County, Maryland, and employs 140,000 people worldwide. Robert J. Stevens is the current Chairman, President, and Chief Executive Officer.

Lockheed Martin is the world's largest defense contractor (by revenue). As of 2005, 95% of Lockheed Martin's revenues came from the United States Department of Defense, other U.S. federal government agencies, and foreign military customers.

A team led by prime contractor Lockheed Martin won the 2006 Collier Trophy for the development of the F-22 Raptor fighter jet.