Highlights
Lockheed Martin Corp. is the nation's largest defense contractor. Lockheed Martin employs nearly 11,000 employees, more than half of them (6,500) in metro Orlando, where it is Central Florida's largest industrial employer.
Lockheed Martin produces some of the most sophisticated military hardware in the world at its Orlando operations, which include the following (in order of size): Lockheed Martin Missiles & Fire Control; Lockheed Martin Simulation, Training & Support; and Lockheed Martin Enterprise Information Systems. The missiles unit is known worldwide for its production of guided missiles, weapons targeting and aircraft night-vision navigation systems. The simulation division i...
Lockheed Martin produces some of the most sophisticated military hardware in the world at its Orlando operations, which include the following (in order of size): Lockheed Martin Missiles & Fire Control; Lockheed Martin Simulation, Training & Support; and Lockheed Martin Enterprise Information Systems. The missiles unit is known worldwide for its production of guided missiles, weapons targeting and aircraft night-vision navigation systems. The simulation division i...
Lockheed Martin Corp. is the nation's largest defense contractor. Lockheed Martin employs nearly 11,000 employees, more than half of them (6,500) in metro Orlando, where it is Central Florida's largest industrial employer.
Lockheed Martin produces some of the most sophisticated military hardware in the world at its Orlando operations, which include the following (in order of size): Lockheed Martin Missiles & Fire Control; Lockheed Martin Simulation, Training & Support; and Lockheed Martin Enterprise Information Systems. The missiles unit is known worldwide for its production of guided missiles, weapons targeting and aircraft night-vision navigation systems. The simulation division is a global player in high-tech training systems for air and ground combat forces and commanders. The enterprise unit is Lockheed's computer tech services operation for the entire corporation.
Nationwide, the Bethesda, Md.-based company is known for producing military aircraft, missiles, rockets, advanced electronics, satellites and NASA systems (including production of the space shuttle's external fuel tank). Lockheed posted more than $2.5 billion in profit on sales of nearly $40 billion in 2006. It has 140,000 employees worldwide, including New York, Texas, Florida, California and other major states.
Lockheed Martin formed in 1995 from the merger of Lockheed Corp. and Martin Marietta Corp., during an era of dramatic consolidation in the defense industry after the end of the Cold War with the former Soviet Union. Prior to the Lockheed Martin merger, Lockheed was based in Calabasas, CA., and Martin was based in Bethesda. Martin Marietta's predecessor --The Glenn Martin Co.-- opened a missiles factory in Orlando in 1957, creating 2,700 jobs in what was then just a citrus town.
Lockheed Martin produces some of the most sophisticated military hardware in the world at its Orlando operations, which include the following (in order of size): Lockheed Martin Missiles & Fire Control; Lockheed Martin Simulation, Training & Support; and Lockheed Martin Enterprise Information Systems. The missiles unit is known worldwide for its production of guided missiles, weapons targeting and aircraft night-vision navigation systems. The simulation division is a global player in high-tech training systems for air and ground combat forces and commanders. The enterprise unit is Lockheed's computer tech services operation for the entire corporation.
Nationwide, the Bethesda, Md.-based company is known for producing military aircraft, missiles, rockets, advanced electronics, satellites and NASA systems (including production of the space shuttle's external fuel tank). Lockheed posted more than $2.5 billion in profit on sales of nearly $40 billion in 2006. It has 140,000 employees worldwide, including New York, Texas, Florida, California and other major states.
Lockheed Martin formed in 1995 from the merger of Lockheed Corp. and Martin Marietta Corp., during an era of dramatic consolidation in the defense industry after the end of the Cold War with the former Soviet Union. Prior to the Lockheed Martin merger, Lockheed was based in Calabasas, CA., and Martin was based in Bethesda. Martin Marietta's predecessor --The Glenn Martin Co.-- opened a missiles factory in Orlando in 1957, creating 2,700 jobs in what was then just a citrus town.
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05/21 Patents
Utility Patents A utility patent protects how something works and what it does. Central Florida inventors who have recently received utility patents include: Lawrence W. Shacklette, Melbourne; Louis J. Rendek, West Melbourne; Paul B. Jaynes,...Tags: Titusville, Palm City, Patents, Copyrights and Trademarks, Satellite Beach, Siemens
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05/21 Insider Trading
Insider Trading is a weekly report of stock transactions involving officers, directors and owners of 10 percent or more of a publicly held company. Corporate insiders historically make more economically sound decisions in trading their own company's stock...Tags: Robert A. Iger, Tyco International Limited, TriQuint Semiconductor Incorporated, Consolidated-Tomoka Land Company, Symantec Corp.
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Defense secretary restricts flights of F-22 Raptors
Concerns about the Air Force's problem-plagued fleet of F-22 Raptor fighter jets led Defense Secretary Leon E. Panetta to restrict flights of the aircraft because of problems with its oxygen systems that can cause its pilots to become disoriented mid-...Tags: U.S. Military, Armed Forces, NASA, CBS Corp., Manufacturing and Engineering
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F-22 pilots: courage under fire
I've never met Gen. Mike Hostage of Langley Air Force Base, but I get a disturbing bead on the guy from his recent comments about pilots unwilling to fly a dysfunctional fighter jet. To wit: •"We have very well-prescribed procedures if there is...Tags: Disasters and Accidents, Armed Forces, World War II (1939-1945), U.S. Army, Langley Air Force Base
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'Chief skunk' at a hush-hush weapons complex
The gig: Alton D. Romig Jr., 58, is "chief skunk" at Lockheed Martin Corp.'s famed Skunk Works secretive weapons development facility in Palmdale. It's one of the most coveted jobs in aerospace.
For more than 70 years, workers at the shadowy site have...Tags: Science and Technology, Lehigh University, Elvis Presley, Mickey Mantle, Manhattan (New York City)
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05/14 Patents
Utility Patents A utility patent protects how something works and what it does. Central Florida inventors who have recently received utility patents include: Dean Higley, Titusville. An enclosed structure. Assigned to LRM Industries International, Inc.,...Tags: Titusville, Palm City, Patents, Copyrights and Trademarks, Satellite Beach, Siemens
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Lockheed sales, profit up; Orlando results mixed
Despite mixed results from its Orlando operations, Lockheed Martin Corp. said Thursday it posted higher sales and profit during its first quarter, beating the consensus Wall Street earnings forecast and lifting its share price.
The nation's largest...Tags: Corporate Officers, Weaponry, Economy, Business and Finance, Bethesda (Montgomery, Maryland), Companies and Corporations
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Lockheed Orlando unit snags $156 million flight-simulator deal
Lockheed Martin Corp.'s Orlando training-simulation unit said Tuesday it has received a $156 million Air Force deal to provide advanced training simulators for aircrew and maintenance crews of C-130J transport jets.
Terms call for delivery of 24... -
My Word: Generosity thrives in Central Florida
For 209 days, I had the privilege of wearing a red blazer. I slipped it on at the Doubletree Hotel in downtown Orlando on Sept. 8, 2011, and was still wearing it proudly on April 4, in front of hundreds at the Amway Center celebration. This wasn't an...Tags: Publix Super Markets Inc., The Nemours Foundation, Politics, Elections, The Walt Disney Co.
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Tourism-zone developer mired in tax debt
Orange County's biggest corporate property-tax debtor is seeking new approvals from the county to expand development plans for 2,200 acres of hotels, time shares, student housing and a golf resort east of Orlando's International Drive. Atlanta-area...Tags: Science and Technology, International Drive, Orlando Hotels, Economy, Business and Finance, Finance
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Consolidation wave poised to hit state's health care services, biopharma sectors
Like a one-two punch, two major Maryland employers in the health care service and pharmaceutical industries were the targets last week of multibillion-dollar acquisition deals. Both homegrown companies — Human Genome Sciences Inc. and Catalyst...Tags: Science and Technology, Benlysta (drug), Biotechnology Industry, Mergers, Acquisitions and Takeovers, Montgomery (Kane, Illinois)
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Smaller companies seen as key to regaining high-paying manufacturing jobs in Orlando
After years of lab work, Dan Rini is finally setting up a factory to make high-tech, air-conditioned uniforms for the military. But unlike many U.S. factories of recent decades, it's not in China, India or, for that matter, South Carolina or Alabama. It's...Tags: Science and Technology, Armed Forces, Business, Oviedo, Companies and Corporations
May 20, 2012
|Story| Orlando Sentinel
May 20, 2012
|Story| Orlando Sentinel
May 15, 2012
|Story| Los Angeles Times
May 9, 2012
|Column| Hampton Roads Daily Press
May 13, 2012
|Story| Los Angeles Times
May 13, 2012
|Story| Orlando Sentinel
Apr 26, 2012
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May 1, 2012
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May 3, 2012
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May 2, 2012
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Apr 21, 2012
|Story| Baltimore Sun
Feb 20, 2012
|Story| Orlando Sentinel
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