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Lockheed Martin

Lockheed Martin

Overview
Lockheed Martin is an American global aerospace
Aerospace manufacturer
An aerospace manufacturer is a company or individual involved in the various aspects of designing, building, testing, selling, and maintaining aircraft, aircraft parts, missiles, rockets, and/or spacecraft....

, defense
Defense (military)
Defense has several uses in the sphere of military application.Personal defense implies measures taken by individual soldiers in protecting themselves whether by use of protective materials such as armor, or field construction of trenches or a bunker, or by using weapons that prevent the enemy...

, security
Information security
Information security means protecting information and information systems from unauthorized access, use, disclosure, disruption, modification, perusal, inspection, recording or destruction....

, and advanced technology company with worldwide interests. It was formed by the merger
Horizontal integration
In microeconomics and strategic management, the term horizontal integration describes a type of ownership and control. It is a strategy used by a business or corporation that seeks to sell a type of product in numerous markets...

 of Lockheed Corporation
Lockheed Corporation
The Lockheed Corporation was an American aerospace company. Lockheed was founded in 1912 and later merged with Martin Marietta to form Lockheed Martin in 1995.-Origins:...

 with Martin Marietta
Martin Marietta
Martin Marietta Corporation was an American company founded in 1961 through the merger of The Martin Company and American-Marietta Corporation. The combined company became a leader in chemicals, aerospace, and electronics. In 1995, it merged with Lockheed Corporation to form Lockheed Martin. The...

 in March 1995. It is headquartered in Bethesda, Maryland
Bethesda, Maryland
Bethesda is a census designated place in southern Montgomery County, Maryland, United States, just northwest of Washington, D.C. It takes its name from a local church, the Bethesda Meeting House , which in turn took its name from Jerusalem's Pool of Bethesda...

, in the Washington Metropolitan Area
Washington Metropolitan Area
The Washington Metropolitan Area is the metropolitan area centered on Washington, D.C., the capital of the United States. The area includes all of the federal district and parts of the U.S...

. Lockheed Martin employs 140,000 people worldwide. Robert J. Stevens
Robert J. Stevens
Robert J. Stevens, born in 1951, is the Chairman and Chief Executive Officer of Lockheed Martin.-Early life:Born in McKeesport, Pennsylvania, Mr. Stevens is a summa cum laude graduate of Slippery Rock University from which he received the Distinguished Alumni Award...

 is the current Chair
Chair (official)
The chairman is the highest officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office is typically elected or appointed by the members of the group. The chairman presides over meetings of the assembled group and conducts its business in an...

man and Chief Executive Officer.

Lockheed Martin is one of the world's largest defense contractor
Defense contractor
A defense contractor is a business organization or individual that provides products or services to a military department of a government. Products typically include military aircraft, ships, vehicles, weaponry, and electronic systems...

s; In 2009, 74% of Lockheed Martin's revenues came from military sales.
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Encyclopedia
Lockheed Martin is an American global aerospace
Aerospace manufacturer
An aerospace manufacturer is a company or individual involved in the various aspects of designing, building, testing, selling, and maintaining aircraft, aircraft parts, missiles, rockets, and/or spacecraft....

, defense
Defense (military)
Defense has several uses in the sphere of military application.Personal defense implies measures taken by individual soldiers in protecting themselves whether by use of protective materials such as armor, or field construction of trenches or a bunker, or by using weapons that prevent the enemy...

, security
Information security
Information security means protecting information and information systems from unauthorized access, use, disclosure, disruption, modification, perusal, inspection, recording or destruction....

, and advanced technology company with worldwide interests. It was formed by the merger
Horizontal integration
In microeconomics and strategic management, the term horizontal integration describes a type of ownership and control. It is a strategy used by a business or corporation that seeks to sell a type of product in numerous markets...

 of Lockheed Corporation
Lockheed Corporation
The Lockheed Corporation was an American aerospace company. Lockheed was founded in 1912 and later merged with Martin Marietta to form Lockheed Martin in 1995.-Origins:...

 with Martin Marietta
Martin Marietta
Martin Marietta Corporation was an American company founded in 1961 through the merger of The Martin Company and American-Marietta Corporation. The combined company became a leader in chemicals, aerospace, and electronics. In 1995, it merged with Lockheed Corporation to form Lockheed Martin. The...

 in March 1995. It is headquartered in Bethesda, Maryland
Bethesda, Maryland
Bethesda is a census designated place in southern Montgomery County, Maryland, United States, just northwest of Washington, D.C. It takes its name from a local church, the Bethesda Meeting House , which in turn took its name from Jerusalem's Pool of Bethesda...

, in the Washington Metropolitan Area
Washington Metropolitan Area
The Washington Metropolitan Area is the metropolitan area centered on Washington, D.C., the capital of the United States. The area includes all of the federal district and parts of the U.S...

. Lockheed Martin employs 140,000 people worldwide. Robert J. Stevens
Robert J. Stevens
Robert J. Stevens, born in 1951, is the Chairman and Chief Executive Officer of Lockheed Martin.-Early life:Born in McKeesport, Pennsylvania, Mr. Stevens is a summa cum laude graduate of Slippery Rock University from which he received the Distinguished Alumni Award...

 is the current Chair
Chair (official)
The chairman is the highest officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office is typically elected or appointed by the members of the group. The chairman presides over meetings of the assembled group and conducts its business in an...

man and Chief Executive Officer.

Lockheed Martin is one of the world's largest defense contractor
Defense contractor
A defense contractor is a business organization or individual that provides products or services to a military department of a government. Products typically include military aircraft, ships, vehicles, weaponry, and electronic systems...

s; In 2009, 74% of Lockheed Martin's revenues came from military sales. It received 7.1% of the funds paid out by the Pentagon.

Lockheed Martin operates in four business segments. These comprise, with respective percentages of 2009 total net sales of $45.2 billion, Aeronautics (27%), Electronic Systems (27%), Information Systems & Global Solutions (27%), and Space Systems (19%). In 2009 US Government contracts accounted for $38.4 billion (85%), foreign government contracts $5.8 billion (13%), and commercial and other contracts $0.9 billion (2%). In both 2009 and 2008 the company topped the list of US Federal Contractors
Top 100 US Federal Contractors
The Top 100 Contractors Report is a list developed annually by the U.S. General Services Administration as part of its tracking of U.S. federal government procurement....

.

The company has received the Collier Trophy
Collier Trophy
The Collier Trophy is an annual aviation award administered by the U.S. National Aeronautics Association , presented to those who have made "the greatest achievement in aeronautics or astronautics in America, with respect to improving the performance, efficiency, and safety of air or space...

 six times. Most recently (in 2001) for being part of developing the X-35/F-35B
F-35 Lightning II
The Lockheed Martin F-35 Lightning II is a family of single-seat, single-engine, fifth generation multirole fighters under development to perform ground attack, reconnaissance, and air defense missions with stealth capability...

 LiftFan Propulsion System, and again in 2006 for leading the team that developed the F-22 Raptor
F-22 Raptor
The Lockheed Martin/Boeing F-22 Raptor is a single-seat, twin-engine fifth-generation supermaneuverable fighter aircraft that uses stealth technology. It was designed primarily as an air superiority fighter, but has additional capabilities that include ground attack, electronic warfare, and signals...

 fighter jet.

History


Merger talks between Lockheed Corporation
Lockheed Corporation
The Lockheed Corporation was an American aerospace company. Lockheed was founded in 1912 and later merged with Martin Marietta to form Lockheed Martin in 1995.-Origins:...

 and Martin Marietta
Martin Marietta
Martin Marietta Corporation was an American company founded in 1961 through the merger of The Martin Company and American-Marietta Corporation. The combined company became a leader in chemicals, aerospace, and electronics. In 1995, it merged with Lockheed Corporation to form Lockheed Martin. The...

 began in March 1994, with the companies announcing their $10 billion planned merger on August 30, 1994. The deal was finalized on March 15, 1995 when the two companies' shareholders approved the merger. The segments of the two companies not retained by the new company formed the basis for the present L-3 Communications
L-3 Communications
L-3 Communications Holdings, Inc. is a company that supplies command and control, communications, intelligence, surveillance and reconnaissance systems and products, avionics, ocean products, training devices and services, instrumentation, space, and navigation products. Its customers include...

, a mid-size defense contractor in its own right. Lockheed Martin later spun off the materials company Martin Marietta Materials
Martin Marietta Materials
Martin Marietta Materials is in the aggregate, chemical, and composite material business. It is the second largest producer of crushed stone, sand, and gravel in the United States behind Vulcan Materials Company. It is a leading U.S. producer of magnesia-based chemical products used as additives...

.

Both companies contributed important products to the new portfolio. Lockheed products included the Trident missile
Trident missile
The Trident missile is a submarine-launched ballistic missile equipped with multiple independently-targetable reentry vehicles . The Fleet Ballistic Missile is armed with nuclear warheads and is launched from nuclear-powered ballistic missile submarines . Trident missiles are carried by fourteen...

, P-3 Orion
P-3 Orion
The Lockheed P-3 Orion is a four-engine turboprop anti-submarine and maritime surveillance aircraft developed for the United States Navy and introduced in the 1960s. Lockheed based it on the L-188 Electra commercial airliner. The aircraft is easily recognizable by its distinctive tail stinger or...

, F-16 Fighting Falcon, F-22 Raptor
F-22 Raptor
The Lockheed Martin/Boeing F-22 Raptor is a single-seat, twin-engine fifth-generation supermaneuverable fighter aircraft that uses stealth technology. It was designed primarily as an air superiority fighter, but has additional capabilities that include ground attack, electronic warfare, and signals...

, C-130 Hercules
C-130 Hercules
The Lockheed C-130 Hercules is a four-engine turboprop military transport aircraft designed and built originally by Lockheed, now Lockheed Martin. Capable of using unprepared runways for takeoffs and landings, the C-130 was originally designed as a troop, medical evacuation, and cargo transport...

, A-4AR Fightinghawk
A-4AR Fightinghawk
The Lockheed Martin A-4AR Fightinghawk is a major upgrade of the McDonnell Douglas A-4M Skyhawk attack aircraft developed for the Argentine Air Force which entered service in 1998...

 and the DSCS-3 satellite. Martin Marietta products included Titan rockets
Titan (rocket family)
Titan was a family of U.S. expendable rockets used between 1959 and 2005. A total of 368 rockets of this family were launched, including all the Project Gemini manned flights of the mid-1960s...

, Sandia National Laboratories
Sandia National Laboratories
The Sandia National Laboratories, managed and operated by the Sandia Corporation , are two major United States Department of Energy research and development national laboratories....

 (management contract acquired in 1993), Space Shuttle External Tank
Space Shuttle external tank
A Space Shuttle External Tank is the component of the Space Shuttle launch vehicle that contains the liquid hydrogen fuel and liquid oxygen oxidizer. During lift-off and ascent it supplies the fuel and oxidizer under pressure to the three Space Shuttle Main Engines in the orbiter...

, Viking 1
Viking 1
Viking 1 was the first of two spacecraft sent to Mars as part of NASA's Viking program. It was the first spacecraft to successfully land on Mars and perform its mission, and until May 19, 2010 held the record for the second longest Mars surface mission of 6 years and 116 days .- Mission :Following...

 and Viking 2
Viking 2
The Viking 2 mission was part of the American Viking program to Mars, and consisted of an orbiter and a lander essentially identical to that of the Viking 1 mission. The Viking 2 lander operated on the surface for 1,281 Mars days and was turned off on 11 April 1980 when its batteries failed...

 landers, the Transfer Orbit Stage (under subcontract to Orbital Sciences Corporation
Orbital Sciences Corporation
Orbital Sciences Corporation is an American company which specializes in the manufacturing and launch of satellites. Its Launch Systems Group is heavily involved with missile defense launch systems...

) and various satellite models.

On April 22, 1996, Lockheed Martin completed the acquisition of Loral Corporation
Loral Corporation
Loral Corporation was a defense contractor founded in 1948 in New York by William Lorenz and Leon Alpert as Loral Electronics Corporation. The company's name was taken from the first letters of each founder's surname....

's defense electronics and system integration businesses for $9.1 billion, the deal having been announced in January. The remainder of Loral became Loral Space & Communications
Loral Space & Communications
Loral Space & Communications Inc. is a satellite communications company headed by Michael B. Targoff and incorporated in Delaware. The company was formed in 1996 from the remnants of Loral Corporation when Loral divested its defense electronics and system integration businesses to Lockheed Martin...

.

Lockheed Martin abandoned plans for a $8.3 billion merger with Northrop Grumman
Northrop Grumman
Northrop Grumman Corporation is an American global aerospace and defense technology company formed by the 1994 purchase of Grumman by Northrop. The company was the fourth-largest defense contractor in the world as of 2010, and the largest builder of naval vessels. Northrop Grumman employs over...

 on July 16, 1998, due to government concerns over the potential strength of the new group; Lockheed/Northrop would have had control of 25% of the Department of Defense's procurement budget.

Lockheed Martin provided NASA with measurements in US Customary force units
United States customary units
United States customary units are a system of measurements commonly used in the United States. Many U.S. units are virtually identical to their imperial counterparts, but the U.S. customary system developed from English units used in the British Empire before the system of imperial units was...

 when metric was expected, resulting in the loss of the Mars Climate Orbiter
Mars Climate Orbiter
The Mars Climate Orbiter was a 338 kilogram robotic space probe launched by NASA on December 11, 1998 to study the Martian climate, atmosphere, surface changes and to act as the communications relay in the Mars Surveyor '98 program, for Mars Polar Lander...

 at a cost of $125 million. The cost for spacecraft development was $193.1 million.
In May 2001, Lockheed Martin sold Lockheed Martin Control Systems to BAE Systems
BAE Systems
BAE Systems plc is a British multinational defence, security and aerospace company headquartered in London, United Kingdom, that has global interests, particularly in North America through its subsidiary BAE Systems Inc. BAE is among the world's largest military contractors; in 2009 it was the...

. On November 27, 2000, Lockheed completed the sale of its Aerospace Electronic Systems business to BAE Systems for $1.67 billion, a deal announced in July 2000. This group encompassed Sanders Associates
Sanders Associates
Sanders Associates was a defense contractor in Nashua, New Hampshire, USA, from 1951 until it was sold in 1986. It is now part of BAE Systems Electronics & Integrated Solutions, a subsidiary of BAE Systems. It concentrated on developing and manufacturing electronic systems, notably aircraft...

, Fairchild Systems
Fairchild Systems
Fairchild Systems was a United States defense contractor which is now part of BAE Systems Electronics, Intelligence & Support. A descendant of Fairchild Camera and Instrument, the San Francisco Chronicle described Fairchild Systems as "one of the legendary names of Silicon Valley" and that in "the...

, and Lockheed Martin Space Electronics & Communications.

In 2001, Lockheed Martin won the contract to build the F-35 Lightning II
F-35 Lightning II
The Lockheed Martin F-35 Lightning II is a family of single-seat, single-engine, fifth generation multirole fighters under development to perform ground attack, reconnaissance, and air defense missions with stealth capability...

; this was the largest fighter aircraft procurement project since the F-16, with an initial order of 3,000 worth some $200 billion before export orders.

In 2001, Lockheed Martin settled a nine year investigation conducted by NASA's Office of Inspector General with the assistance of the Defense Contract Audit Agency. The company paid the United States government $7.1 million based on allegations that its predecessor, Lockheed Engineering Science Corporation, submitted false lease costs claims to NASA.

On May 12, 2006, The Washington Post
The Washington Post
The Washington Post is Washington, D.C.'s largest newspaper and its oldest still-existing paper, founded in 1877. Located in the capital of the United States, The Post has a particular emphasis on national politics. D.C., Maryland, and Virginia editions are printed for daily circulation...

reported that when Robert Stevens took control of Lockheed Martin in 2004, he faced the dilemma that within 10 years 100,000 of the about 130,000 Lockheed Martin employees – more than three-quarters – would be retiring.

On August 31, 2006, Lockheed Martin won a $3.9 billion contract from NASA to design and build the CEV capsule, also known as Orion
Orion (spacecraft)
Orion is a spacecraft designed by Lockheed Martin for NASA, the space agency of the United States. Orion development began in 2005 as part of the Constellation program, where Orion would fulfill the function of a Crew Exploration Vehicle....

 – the next spacecraft
Spacecraft
A spacecraft or spaceship is a craft or machine designed for spaceflight. Spacecraft are used for a variety of purposes, including communications, earth observation, meteorology, navigation, planetary exploration and transportation of humans and cargo....

 for human flight
Human spaceflight
Human spaceflight is spaceflight with humans on the spacecraft. When a spacecraft is manned, it can be piloted directly, as opposed to machine or robotic space probes and remotely-controlled satellites....

 – for the Ares I rocket in the Constellation Program.

On August 13, 2008, Lockheed Martin acquired the government business unit of Nantero, Inc., a company that had developed methods and processes for incorporating carbon nanotubes in next-generation electronic devices. In 2009, Lockheed Martin bought Unitech.

On November 18, 2010, Lockheed Martin announced that it would be closing its Eagan, MN location by 2013 in order to drive down costs and optimize capacity at their locations nationwide.

In January 2011, Lockheed Martin agreed to pay the US Government $2 million to settle allegations that the company submitted false claims on a U.S. government contract for that amount. The allegations came from a contract with the Naval Oceanographic Office Major Shared Resource Center in Mississippi.

On May 28, 2011 it was reported that a cyber-attack using previously stolen EMC files had broken through to sensitive materials at the contractor.
It is unclear if the Lockheed incident is the specific prompt whereby on June 1, 2011, the new United States military strategy, makes explicit that a cyberattack is casus belli
Casus belli
is a Latin expression meaning the justification for acts of war. means "incident", "rupture" or indeed "case", while means bellic...

for a traditional act of war.

Aeronautics



  • Lockheed Martin Aeronautics
    Lockheed Martin Aeronautics
    Lockheed Martin Aeronautics Company is a major unit of Lockheed Martin with headquarters at Fort Worth, Texas.Lockheed Martin Aeronautics is also based in Marietta, Georgia and Palmdale, California. Palmdale is home to the Advanced Development Programs , informally known as the "Skunk Works"...


Electronic Systems

  • Lockheed Martin Canada
    Lockheed Martin Canada
    Lockheed Martin Canada is a Canadian defence contractor, headquartered in Kanata, Ontario. It is a wholly owned subsidiary of Lockheed Martin, and a part of the Electronic Systems business area...

  • Lockheed Martin Australia
  • Lockheed Martin Mission Systems and Sensors
  • Lockheed Martin Missiles and Fire Control
    Lockheed Martin Missiles and Fire Control
    Lockheed Martin Missiles & Fire Control is a Lockheed Martin business unit based in the Dallas suburb of Grand Prairie, Texas. The unit's offensive and defensive arsenal includes air-to-air and air-to-ground missiles, naval rockets and missiles, fire control and sensor systems, fire support...

  • Lockheed Martin Global Training and Logistics
  • Lockheed Martin Advanced Technology Laboratories
    Lockheed Martin Advanced Technology Laboratories
    Lockheed Martin Advanced Technology Laboratories is a department of Lockheed Martin, in the Electronic Systems business unit, located in Cherry Hill, New Jersey, with approximately 220 employees. Other locations include Westlake Village, California, Atlanta, Georgia, and Arlington, Virginia...

  • Sandia Corporation
    Sandia National Laboratories
    The Sandia National Laboratories, managed and operated by the Sandia Corporation , are two major United States Department of Energy research and development national laboratories....


Information Systems and Global Solutions

  • Lockheed Martin IS&GS-Civil
  • Lockheed Martin IS&GS-Defense
  • Lockheed Martin IS&GS-Security
    • Lockheed Martin Orincon
    • Lockheed Martin STASYS
  • Lockheed Martin Technology Ventures

Others

  • LMC Properties
  • Lockheed Martin Aircraft Argentina
    Lockheed Martin Aircraft Argentina
    The Fábrica Argentina de Aviones or FAdeA SA officially Fábrica Argentina de Aviones "Brigadier San Martín" S.A., is Argentina's main aircraft manufacturer. Founded on 10 October 1927 and located in Córdoba, for most of its existence it was known as Fábrica Militar de Aviones , until its...

     SA (formerly Fabrica Militar de Aviones)
  • Lockheed Martin Enterprise Business Services
  • Lockheed Martin Finance Corporation
  • Lockheed Martin U.K.
    Lockheed Martin U.K.
    Lockheed Martin UK Limited is a wholly owned subsidiary of Lockheed Martin, headquartered in London, United Kingdom. The company was created on 1 July 1999, combining all of Lockheed Martin's UK operations into one company.-Divisions:...

  • Prepar3D – Advanced visual flight simulation software
  • Pacific Architects & Engineers – LockMart owned company

Joint ventures

  • International Launch Services
    International Launch Services
    International Launch Services is a U.S.-Russian joint venture with exclusive rights to the worldwide sale of commercial Proton rocket launch services from the Baikonur Cosmodrome in Kazakhstan.- Ownership :...

     (with Khrunichev
    Khrunichev
    Khrunichev State Research and Production Space Center is a Moscow-based producer of spacecraft and space-launch systems, including the Proton and Rokot rockets. The company's history dates back to 1916, when an automobile factory was established outside Moscow...

    , RSC Energia)
  • Lockheed Martin Alenia Tactical Transport Systems (with Finmeccanica-Alenia
    Alenia Aeronautica
    Alenia Aeronautica, a Finmeccanica subsidiary, is a European aerospace company from Italy. Its subsidiaries include Alenia Aermacchi and Alenia Aeronavali...

    , now folded)
  • MEADS International
    Meads
    Meads is an area of the town of Eastbourne in the English county of East Sussex. It is situated at the westerly end of the town below the South Downs.- Boundaries :...

     (with EADS
    EADS
    The European Aeronautic Defence and Space Company N.V. is a global pan-European aerospace and defence corporation and a leading defence and military contractor worldwide...

     and MBDA
    MBDA
    MBDA is a missile developer and manufacturer with operations in France, Britain, Germany, Italy, and the United States. It was formed by a merger of Aérospatiale-Matra Missiles , Finmeccanica and Matra BAe Dynamics in December 2001. In 2003 the company had 10,000 employees...

    )
  • Space Imaging
    Space Imaging
    Space Imaging commonly refers to:* Astronomical image processing of objects usually beyond the Solar System* Images taken by Earth satellites* Images processed that are produced from the Exploration of Mars* Images produced by any Unmanned space mission...

     (46%, remainder public)
  • United Launch Alliance
    United Launch Alliance
    United Launch Alliance is a joint venture of Lockheed Martin and Boeing. ULA was formed in December 2006 by combining the teams at these companies which provide spacecraft launch services to the government of the United States. U.S...

     (with Boeing
    Boeing
    The Boeing Company is an American multinational aerospace and defense corporation, founded in 1916 by William E. Boeing in Seattle, Washington. Boeing has expanded over the years, merging with McDonnell Douglas in 1997. Boeing Corporate headquarters has been in Chicago, Illinois since 2001...

    )
  • United Space Alliance
    United Space Alliance
    United Space Alliance is a spaceflight operations company. USA is a joint venture which was established in August 1995 as a Limited Liability Company , equally owned by Boeing and Lockheed Martin. The company is headquartered in Houston, Texas and, employed approximately 8,800 people in Texas,...

     (with Boeing)
  • Kelly Aviation Center (with GE
    Gê are the people who spoke Ge languages of the northern South American Caribbean coast and Brazil. In Brazil the Gê were found in Rio de Janeiro, Minas Gerais, Bahia, Piaui, Mato Grosso, Goias, Tocantins, Maranhão, and as far south as Paraguay....

     and Rolls-Royce
    Rolls-Royce plc
    Rolls-Royce Group plc is a global power systems company headquartered in the City of Westminster, London, United Kingdom. It is the world’s second-largest maker of aircraft engines , and also has major businesses in the marine propulsion and energy sectors. Through its defence-related activities...

    )
  • Protector USV – an unmanned surface vehicle with Rafael Advanced Defense Systems and BAE Systems
    BAE Systems
    BAE Systems plc is a British multinational defence, security and aerospace company headquartered in London, United Kingdom, that has global interests, particularly in North America through its subsidiary BAE Systems Inc. BAE is among the world's largest military contractors; in 2009 it was the...

  • Defense Support Services (DS2) (with Day & Zimmermann
    Day & Zimmermann
    The Day & Zimmermann company was founded in 1901. Its corporate office is at 1500 Spring Garden St. Philadelphia, PA 19130.The company first came to prominence when the Hershey chocolate company contracted it to produce the foil wrapper for their Hershey's Kisses...

    ) official site
  • Lockheed Martin Jv (with Indian company Tata Advanced Systems Limited)

Government contracts


Lockheed Martin is active in many aspects of government contracting. It "received $36 billion in government contracts in 2008 alone, more than any company in history. It now does work for more than two dozen government agencies from the Department of Defense
United States Department of Defense
The United States Department of Defense is the U.S...

 and the Department of Energy
United States Department of Energy
The United States Department of Energy is a Cabinet-level department of the United States government concerned with the United States' policies regarding energy and safety in handling nuclear material...

 to the Department of Agriculture
United States Department of Agriculture
The United States Department of Agriculture is the United States federal executive department responsible for developing and executing U.S. federal government policy on farming, agriculture, and food...

 and the Environmental Protection Agency. It's involved in surveillance and information processing for the CIA, the FBI, the Internal Revenue Service
Internal Revenue Service
The Internal Revenue Service is the revenue service of the United States federal government. The agency is a bureau of the Department of the Treasury, and is under the immediate direction of the Commissioner of Internal Revenue...

 (IRS), the National Security Agency
National Security Agency
The National Security Agency/Central Security Service is a cryptologic intelligence agency of the United States Department of Defense responsible for the collection and analysis of foreign communications and foreign signals intelligence, as well as protecting U.S...

 (NSA), the Pentagon, the Census Bureau
United States Census Bureau
The United States Census Bureau is the government agency that is responsible for the United States Census. It also gathers other national demographic and economic data...

 and the Postal Service
United States Postal Service
The United States Postal Service is an independent agency of the United States government responsible for providing postal service in the United States...

."

Corporate governance


Current members of the board of directors of Lockheed Martin are: Edward Aldridge, Nolan Archibald, Marcus Bennett, James O. Ellis
James O. Ellis
Admiral James O. Ellis, Jr. is a retired 4-star admiral and former Commander, United States Strategic Command, Offutt Air Force Base, Nebraska. He currently is President and Chief Executive Officer, Institute of Nuclear Power Operations and serves on the board of directors of Lockheed...

, Gwendolyn King
Gwendolyn King
Gwendolyn S. King is an American businesswoman. From 1989 to 1992 she was the Commissioner of the American Social Security Administration.-Career:...

, James Loy
James Loy
Admiral James Milton Loy served as Acting United States Secretary of Homeland Security in 2005 and United States Deputy Secretary of Homeland Security from December 4, 2003, to March 1, 2005...

, Douglas McCorkindale, Eugene Murphy, Joseph Ralston
Joseph Ralston
Joseph W. Ralston is currently the United States Special Envoy for Countering the Kurdistan Workers Party and holds senior positions in various defense related corporations. He was the former Vice Chairman of the Joint Chiefs of Staff.-Military career:Ralston has served in the military since 1965...

, Frank Savage, Anne Stevens, Robert J. Stevens
Robert J. Stevens
Robert J. Stevens, born in 1951, is the Chairman and Chief Executive Officer of Lockheed Martin.-Early life:Born in McKeesport, Pennsylvania, Mr. Stevens is a summa cum laude graduate of Slippery Rock University from which he received the Distinguished Alumni Award...

, James Ukropina and Douglas Yearley.

Lockheed "ranks number one on the 'contractor misconduct' database maintained by the Project on Government Oversight
Project on Government Oversight
The Project On Government Oversight , founded in 1981, is an independent non-profit organization in the United States which investigates and seeks to expose corruption and other misconduct. POGO assists whistleblowers and investigates federal agencies, Congress, and government contractors...

, a Washington-DC-based watchdog group." Since 1995, the company has agreed to pay $577 million to settle fifty-four instances of misconduct.

Lobbying


The company's 2010 lobbying expenditure by the third quarter was $9.9 million (2009 total: $13.7 million).

Through its political action committee, the company provides low levels of financial support to candidates who advocate national defense and relevant business issues. It is "the top contributor to the incoming House Armed Services Committee chairman, Republican
Republican Party (United States)
The Republican Party is one of the two major contemporary political parties in the United States, along with the Democratic Party. Founded by anti-slavery expansion activists in 1854, it is often called the GOP . The party's platform generally reflects American conservatism in the U.S...

 Howard P. 'Buck' McKeon of California, giving more than $50,000 in the most recent election cycle. It also tops the list of donors to Sen. Daniel Inouye
Daniel Inouye
Daniel Ken "Dan" Inouye is the senior United States Senator from Hawaii, a member of the Democratic Party, and the President pro tempore of the United States Senate making him the highest-ranking Asian American politician in American history. Inouye is the chairman of the United States Senate...

 (D-HI), the powerful chair of the Senate Appropriations Committee, and the self-described '#1 earmarks guy in the US Congress.'"

Lockheed Martin Employees Political Action Committee is one of the 50 most generous PACs in the country, according to FEC data. With contributions from 3,000 employees, it donates $500,000 a year to about 260 House and Senate candidates. For the 2004 election cycle, Lockheed's PAC has already contributed $350,279 to federal candidates, with about 62 percent going to Republicans, according to the Center for Responsive Politics. That compares with $515,000 from General Dynamics' political action committee and $122,850 from BAE Systems North America, the center's data showed.

See also


  • Defense contractor
    Defense contractor
    A defense contractor is a business organization or individual that provides products or services to a military department of a government. Products typically include military aircraft, ships, vehicles, weaponry, and electronic systems...

     – table of comparable companies
  • Lockheed Martin Maintenance Trophy
    Maintenance Trophy
    -Origins:The Lockheed Martin Fincastle Maintenance Trophy was first introduced during Fincastle 1996, which was held in New Zealand. It was felt the competition would strengthen relations between the competing countries, allowing them to learn from each other as well as involving the maintenance...

  • Top 100 US Federal Contractors
    Top 100 US Federal Contractors
    The Top 100 Contractors Report is a list developed annually by the U.S. General Services Administration as part of its tracking of U.S. federal government procurement....

     – $38.5 billion in FY09

External links