Lockheed Martin Corporation

Lockheed Martin Corporation is a security and aerospace company that engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services. It operates through four segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. The Aeronautics segment offers combat and air mobility aircraft, unmanned air vehicles, and related technologies, while the Missiles and Fire Control segment provides air and missile defense systems; tactical missiles and air-to-ground precision strike weapon systems; logistics; fire control systems; mission operations support, readiness, engineering support, and integration services; manned and unmanned ground vehicles; and energy management solutions. The Rotary and Mission Systems segment offers military and commercial helicopters, surface ships, sea and land-based missile defense systems, radar systems, sea and air-based mission and combat systems, command and control mission solutions, cyber solutions, and simulation and training solutions. The Space segment offers satellites; space transportation systems; strategic, advanced strike, and defensive missile systems; and classified systems and services in support of national security systems. Lockheed Martin’s products serve primarily the U.S. government, and foreign military sales contracted through the U.S. government.

Founded in 1912, Lockheed Martin is the world’s largest defense contractor and was a major contributor to the Allied victory in World War II. The company has been a government contractor since its founding and has developed military aircraft, satellites and other technology throughout its history. In the 1970s, Lockheed Martin developed and tested the stealth technology which was used in the F-117 fighter jet as well as dozens of other projects to reduce radar visibility. During the 1980s and 90s, Lockheed Martin expanded even further, working on projects such as the F-22 Raptor, the C-130 Hercules, and the Space Shuttle program. In recent years, the company has continued to innovate, developing the F-35 Lightning, one of the most advanced fighter jets in the world. In addition to military projects, Lockheed Martin is also invested in the commercial space industry and green energy initiatives. The company is a leader in developing hybrid electric vehicles, solar power, and wind, wave and ocean thermal energy capture.