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Lockheed Martin
The Lockheed Martin Corporation is an American Arms industry, defense and aerospace manufacturer with worldwide interests. It was formed by the merger of Lockheed Corporation with Martin Marietta on March 15, 1995. It is headquartered in North Bethesda, Maryland, United States. As of January 2022, Lockheed Martin employs approximately 121,000 employees worldwide, including about 60,000 engineers and scientists. Reports from 2024 estimate that Lockheed Martin Corporation (LMT) holds a market cap of around $139.7 billion. Lockheed Martin is one of the largest companies in the aerospace, military support, security, and technologies industry. It was the world's largest defense contractor by revenue for fiscal year 2014.POC Top 20 Defence Contractors of 2014
. Retrieved: July 2015
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Lockheed Martin F-35 Lightning II
The Lockheed Martin F-35 Lightning II is an American family of single-seat, single-engine, supersonic Stealth aircraft, stealth strike fighters. A multirole combat aircraft designed for both Air superiority fighter, air superiority and attack aircraft, strike missions, it also has electronic warfare and intelligence, surveillance, and reconnaissance capabilities. Lockheed Martin is the prime F-35 contractor with principal partners Northrop Grumman and BAE Systems. The aircraft has three main variants: the CTOL, conventional takeoff and landing (CTOL) F-35A, the STOVL, short take-off and vertical-landing (STOVL) F-35B, and the carrier-based, carrier variant (CV) Catapult Assisted Take-Off But Arrested Recovery, catapult-assisted take-off but arrested recovery (CATOBAR) F-35C. The aircraft descends from the Lockheed Martin X-35, which in 2001 beat the Boeing X-32 to win the Joint Strike Fighter program, Joint Strike Fighter (JSF) program intended to replace the General Dynami ...
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Lockheed Martin Mission Systems And Sensors
Lockheed Martin Rotary and Mission Systems (LM RMS) is a Lockheed Martin business segment headquartered in Washington, D.C. Until October 2008, RMS was headquartered in Moorestown Township, New Jersey, a suburb of Philadelphia; Moorestown remains one of the largest sites in the business unit and is where many of the unit's top executives have their offices. As of 2013, RMS is one of Lockheed Martin's five operating units; prior to that it was a part of the now-defunct Electronic Systems sector. RMS was formerly known as Mission Systems and Sensors (LM MS2), and then as Mission Systems & Training (LM MST). MST was composed of several other Lockheed Martin business areas and operating groups, including Maritime Systems and Sensors (MS2) / Naval Electronics and Surveillance Systems (NESS) and Lockheed Martin Systems Integration. Stephanie Hill is the current executive vice president of RMS. In 2015, Lockheed Martin acquired Sikorsky Aircraft Corporation. SAC became a line of busine ...
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Lockheed Martin Rotary And Mission Systems
Lockheed Martin Rotary and Mission Systems (LM RMS) is a Lockheed Martin business segment headquartered in Washington, D.C. Until October 2008, RMS was headquartered in Moorestown Township, New Jersey, a suburb of Philadelphia; Moorestown remains one of the largest sites in the business unit and is where many of the unit's top executives have their offices. As of 2013, RMS is one of Lockheed Martin's five operating units; prior to that it was a part of the now-defunct Electronic Systems sector. RMS was formerly known as Mission Systems and Sensors (LM MS2), and then as Mission Systems & Training (LM MST). MST was composed of several other Lockheed Martin business areas and operating groups, including Maritime Systems and Sensors (MS2) / Naval Electronics and Surveillance Systems (NESS) and Lockheed Martin Systems Integration. Stephanie Hill is the current executive vice president of RMS. In 2015, Lockheed Martin acquired Sikorsky Aircraft Corporation. SAC became a line of busin ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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Aerospace Manufacturer
An aerospace manufacturer is a company or individual involved in the various aspects of Aircraft design process, designing, building, testing, selling, and maintaining aircraft, aircraft parts, missiles, rockets, or spacecraft. Aerospace is a high technology industry. The aircraft industry is the Industry (economics), industry supporting aviation by building aircraft and manufacturing aircraft parts for their aircraft maintenance, maintenance. This includes aircraft and parts used for civil aviation and military aviation. Most production is done pursuant to type certificates and Defense Standards issued by a government body. This term has been largely subsumed by the more encompassing term: "aerospace industry". Market In 2015 the aircraft production was worth US$180.3 billion: 61% airliners, 14% business and general aviation, 12% military aircraft, 10% military rotary wing and 3% civil rotary wing; while their aircraft maintenance, MRO was worth $135.1 Bn or $ Bn combined. ...
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Rolls-Royce LiftSystem
The Rolls-Royce LiftSystem, together with the Pratt & Whitney F135, F135 engine, is an aircraft propulsion system designed for use in the STOVL variant of the F-35 Lightning II. The complete system, known as the Integrated Lift Fan Propulsion System (ILFPS), was awarded the Collier Trophy in 2001. Requirement The F-35B STOVL variant of the Joint Strike Fighter (JSF) aircraft was intended to replace the McDonnell Douglas AV-8B Harrier II and the McDonnell Douglas F/A-18 Hornet used by the United States Marine Corps. It would also replace the British Aerospace Harrier II and the British Aerospace Sea Harrier used by Royal Air Force and Royal Navy. The aircraft had to have a supersonic capability, and a suitable VTOL, vertical lift system that would not compromise this capability was needed for the STOVL variant. This requirement was met by the Rolls-Royce plc, Rolls-Royce LiftSystem, developed through a US Dollar, $1.3 billion System Development and Demonstration (SDD) contract ...
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Lockheed Martin X-35
The Lockheed Martin X-35 is a concept demonstrator aircraft (CDA) developed by Lockheed Martin for the Joint Strike Fighter program. The X-35 was declared the winner over the competing Boeing X-32 and a developed, armed version went on to enter production in the early 21st century as the Lockheed Martin F-35 Lightning II, F-35 Lightning II. Development The Joint Strike Fighter (JSF) evolved out of several requirements for a common fighter to replace existing types, including the Common Affordable Lightweight Fighter (CALF) program, one of the JSF's predecessors. The actual JSF development contract was signed on 16 November 1996. The JSF program was created to replace various aircraft while keeping development, production, and operating costs down. This was pursued by building three variants of one aircraft, with the initial goal of the variants sharing over 70% of their parts. The first is the F-35A, a CTOL, conventional takeoff and landing (CTOL) variant. It is the smalle ...
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Collier Trophy
The Robert J. Collier Trophy is awarded annually "for the greatest achievement in aeronautics or astronautics in America, with respect to improving the performance, efficiency, and safety of air or space vehicles, the value of which has been thoroughly demonstrated by actual use during the preceding year." The Collier Trophy is administered by the National Aeronautic Association (NAA) the oldest national aviation organization in the United States. Founded in 1905, the NAA oversees America's oldest and most prestigious aviation and aerospace recognitions. The Collier Trophy is the most coveted of all. Robert J. Collier, publisher of '' Collier's Weekly'' magazine, was an air sports pioneer and president of the Aero Club of America. In 1910, he commissioned Baltimore sculptor Ernest Wise Keyser to make the ''Aero Club of America Trophy''. It was first awarded in 1911 to Glenn H. Curtiss for his successful development of the hydro-aeroplane. Collier presented his namesake ...
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Lockheed Martin Missiles & Fire Control
Lockheed Martin Missiles and Fire Control (MFC) is one of the four core business areas for American company Lockheed Martin. MFC 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, and manned and unmanned ground vehicles. MFC also has contracts with the U.S. Government for various classified programs. MFC has approximately 15,500 employees. It is based in the Dallas suburb of Grand Prairie, Texas. Major LM MFC facilities are located in Orlando, Florida; Grand Prairie, Texas; Archbald, Pennsylvania; Chelmsford, Massachusetts; East Camden, Arkansas; Horizon City, Texas; Lufkin, Texas; Ocala, Florida; Santa Barbara, California; Troy, Alabama and Ampthill Bedfordshire (a part of Lockheed Martin UK). Financials MFC made $1.4 billion in operating profit on sales of $10.1 billion in 2019. This was out of tot ...
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National Aeronautics And Space Administration
The National Aeronautics and Space Administration (NASA ) is an independent agency of the US federal government responsible for the United States's civil space program, aeronautics research and space research. Established in 1958, it succeeded the National Advisory Committee for Aeronautics (NACA) to give the American space development effort a distinct civilian orientation, emphasizing peaceful applications in space science. It has since led most of America's space exploration programs, including Project Mercury, Project Gemini, the 1968–1972 Apollo program missions, the Skylab space station, and the Space Shuttle. Currently, NASA supports the International Space Station (ISS) along with the Commercial Crew Program and oversees the development of the Orion spacecraft and the Space Launch System for the lunar Artemis program. NASA's science division is focused on better understanding Earth through the Earth Observing System; advancing heliophysics through the effor ...
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United States Department Of Defense
The United States Department of Defense (DoD, USDOD, or DOD) is an United States federal executive departments, executive department of the federal government of the United States, U.S. federal government charged with coordinating and supervising the six U.S. armed services: the United States Army, Army, United States Navy, Navy, United States Marine Corps, Marines, United States Air Force, Air Force, United States Space Force, Space Force, the United States Coast Guard, Coast Guard for some purposes, and related functions and agencies. As of November 2022, the department has over 1.4 million active-duty uniformed personnel in the six armed services. It also supervises over 778,000 National Guard (United States), National Guard and reservist personnel, and over 747,000 civilians, bringing the total to over 2.91 million employees. Headquartered at the Pentagon in Arlington County, Virginia, just outside Washington, D.C., the Department of Defense's stated mission is "to provid ...
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General Services Administration
The General Services Administration (GSA) is an Independent agencies of the United States government, independent agency of the United States government established in 1949 to help manage and support the basic functioning of federal agencies. GSA supplies products and communications for U.S. government offices, provides transportation and office space to federal employees, and develops government-wide cost-minimizing policies and other management tasks. GSA employs about 12,000 federal workers. It has an annual operating budget of roughly $33 billion and oversees $66 billion of procurement annually. It contributes to the management of about $500 billion in U.S. federal property, divided chiefly among 8,397 owned and leased buildings (with a total of 363 million square feet of space) as well as a 215,000-vehicle fleet vehicle, motor pool. Among the real estate assets it manages are the Ronald Reagan Building, Ronald Reagan Building and International Trade Center in Washingto ...
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