Former Lockheed Aircraft Corporation renamed Lockheed Corporation in September 1977. Merger with Martin Marietta announced 30 August 1994 and completed 15 March 1995. Further expansion resulted from the acquisition of Loral Corporation's defence electronics and systems integration businesses in April 1996 for approximately US$9.1 billion and completed purchase of Comsat in August 2000 for US$2.6 billion. Workforce total of about 125,000 in mid-2002. Net sales in 2002 reported as US$26.6 billion. Activities include design and production of aircarft, electronics, satellites, space systems, missiles, ocean systems, information systems, and systems for strategic defence and for command, control, communications and intelligence.
Following major strategic and organisational review, revised corporate structure came into being in early 2000; under this, four major business groups of Lockheed Martin are:

Aeronautics Company

Space Systems, comprising:

  • Lockheed Martin Space Systems - Astronautics Operations
  • Lockheed Martin Space Systems - Michoud Operations
  • Lockheed Martin Space Systems - Missiles & Space Operations
  • Lockheed Martin Commercial Space Systems
  • Lockheed Martin Management & Data Systems
  • International Launch Services

Systems Integration, comprising:

  • Lockheed Martin Air Traffic Management
  • Lockheed Martin Systems Integration - Owego
  • Lockheed Martin Canada
  • Lockheed Martin Distribution Technologies
  • Lockheed Martin Information Systems
  • Lockheed Martin Tactical Systems
  • Lockheed Martin Missiles and Fire Control
  • Lockheed Martin Mission Systems
  • Lockheed Martin Naval Electronics & Surveillance Systems - Akron
  • Lockheed Martin Naval Electronics & Surveillance Systems - Surface Systems
  • Lockheed Martin Naval Electronics & Surveillance Systems - Undersea Systems
  • Lockheed Martin Naval Electronics & Surveillance Systems - Syracuse
  • Lockheed Martin UK

Technology services, comprising

  • Knolls Atomic Power Laboratory
  • Lockheed Martin Aircarft & Logistics Centers
  • Lockheed Martin Information Support Services
  • Lockheed Martin Space Operations
  • Lockheed Martin Technical Operations
  • Sandia National Laboratories
  • Technology Ventures

Additional Info

  • Address: 6801 Rockledge Drive, Bethesda, Maryland 20817, United States
  • Tel: (+1 301) 897 61 21
  • Fax: (+1 301) 897 62 52
Read 1147 times Last modified on Monday, 24 October 2016 15:19
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