Lockheed Martin

Industry: Global Security, Aeronautics, Space

Location: Headquartered in Bethesda, MD

Web Site: http://www.lockheedmartin.com/

At A Glance

Headquartered in Bethesda, MD, Lockheed Martin is a global security company that employs about 146,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2008 sales of $42.7 billion.

As a global security and information technology company, the majority of Lockheed Martin's business is with the U.S. Department of Defense and the U.S. federal government agencies. In fact, Lockheed Martin is the largest provider of IT services, systems integration, and training to the U.S. Government. The remaining portion of Lockheed Martin's business is comprised of international government and some commercial sales of our products, services and platforms.

Lockheed Martin's operating units are organized into broad business areas:

  • Aeronautics, with approximately $11.5 billion in 2008 sales, includes tactical aircraft, airlift, and aeronautical research and development lines of business.
        Lockheed Martin Aeronautics Company is known for building the finest military aircraft in the world. This recognition was earned through relentless research and development of high-performance aircraft and by continuously seeking innovative and low-cost design and manufacturing strategies.
  • Electronic Systems, with approximately $11.6 billion in 2008 sales, includes missiles and fire control, naval systems, platform integration, simulation and training and energy programs lines of business.
        Missiles and Fire Control develops, manufactures and supports advanced combat, missile, rocket and space systems for customers that include the U.S. Army, Navy, Air Force and Marine Corps, NASA; and dozens of foreign nations. We have four principle product categories that correspond to vital capabilities we provide our warfighters in their defining moments.
  • Information Systems & Global Services (IS&GS), with approximately $11.6 billion in 2008 sales, includes C4I, federal services, government and commercial IT solutions.
        Comprised of 52,000 highly skilled professionals, Lockheed Martin Information Systems & Global Services (IS&GS) brings together the full range of Lockheed Martin’s information competencies with an expansive global delivery capability. With more than $10 billion in sales, IS&GS is a leading federal services and Information Technology contractor with a strong heritage of delivering world-class solutions and delivering advanced technology across a broad spectrum of domains. IS&GS is organized into three reporting units: Mission Solutions, Information Systems and Global Services.
  • Space Systems, with approximately $8 billion in 2008 sales, includes space launch, commercial satellites, government satellites, and strategic missiles lines of business.
        Space is a demanding environment. But with systems built by Lockheed Martin, space is where the future takes flight, through partnerships that raise global communications, weather forecasting, space exploration and national security to new levels. Delivering vital space capabilities is all a question of how. And it is the how that makes all the difference.
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