Lockheed Martin

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Lockheed Martin is an aerospace manufacturer and provider of systems and IT services. It was formed in 1995 from the Lockheed Corporation and Martin Marietta Corporation. Headquartered in Bethesda, Maryland, Lockheed Martin employs about 140,000 people worldwide. Most of the $39.6 Billion dollars in sales (2006) were to the US federal government, primarily the Department of Defense.

The Aeronautics Division of Lockheed Martin includes the "Skunk Works" (or Advanced Development Programs) which is responsible for some of the most advanced aircraft ever, in part because it works outside the regular bureaucracy of large corporations.

A proposed merger between Lockheed Martin and Aerojet Rocketdyne appears to be blocked from occurring by the FTC; in response the company argues it should be given the same merger conditions that competitor Northrop Grumman was given upon its purchase of Orbital ATK (which was Aerojet's primary competitor in the solid rocket booster business).[1]

Notable Skunkworks Aircraft

Other Lockheed Martin Aircraft

  • C-130 Hercules
  • C-141 Starlifter
  • C-5 Galaxy
  • F-16 Fighting Falcon (purchased from General Dynamics when the latter exited the military aircraft business)
  • Sikorsky Aircraft (purchased in 2015)

External Links


  1. https://spacenews.com/federal-trade-commission-likely-to-block-lockheed-martins-acquisition-of-aerojet-rocketdyne/