The Martin Marietta Corporation was an American company founded in 1961 through the
merger
Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect ...
of
Glenn L. Martin Company
The Glenn L. Martin Company—also known as The Martin Company from 1957-1961—was an American aircraft and aerospace manufacturing company founded by aviation pioneer Glenn L. Martin, and operated between 1917-1961. The Martin Company produce ...
and
American-Marietta Corporation
The American-Marietta Corporation was an American industrial conglomerate based in Chicago, Illinois, with numerous subsidiary companies across the Continental United States. It specialized in construction materials and industrial chemicals s ...
. In 1995, it merged with
Lockheed Corporation
The Lockheed Corporation was an American aerospace manufacturer. Lockheed was founded in 1926 and later merged with Martin Marietta to form Lockheed Martin in 1995. Its founder, Allan Lockheed, had earlier founded the similarly named but ...
to form
Lockheed Martin.
History
Martin Marietta formed in 1961 by the merger of the
Glenn L. Martin Company
The Glenn L. Martin Company—also known as The Martin Company from 1957-1961—was an American aircraft and aerospace manufacturing company founded by aviation pioneer Glenn L. Martin, and operated between 1917-1961. The Martin Company produce ...
and
American-Marietta Corporation
The American-Marietta Corporation was an American industrial conglomerate based in Chicago, Illinois, with numerous subsidiary companies across the Continental United States. It specialized in construction materials and industrial chemicals s ...
.
Martin, based in
Baltimore
Baltimore ( , locally: or ) is the List of municipalities in Maryland, most populous city in the U.S. state of Maryland, fourth most populous city in the Mid-Atlantic (United States), Mid-Atlantic, and List of United States cities by popula ...
, was primarily an
aerospace
Aerospace is a term used to collectively refer to the atmosphere and outer space. Aerospace activity is very diverse, with a multitude of commercial, industrial and military applications. Aerospace engineering consists of aeronautics and astrona ...
concern with a recent focus on
missile
In military terminology, a missile is a missile guidance, guided airborne ranged weapon capable of self-propelled flight usually by a jet engine or rocket motor. Missiles are thus also called guided missiles or guided rockets (when a previously ...
s, namely its
Titan
Titan most often refers to:
* Titan (moon), the largest moon of Saturn
* Titans, a race of deities in Greek mythology
Titan or Titans may also refer to:
Arts and entertainment
Fictional entities
Fictional locations
* Titan in fiction, fiction ...
program. American-Marietta was headquartered in
Chicago
(''City in a Garden''); I Will
, image_map =
, map_caption = Interactive Map of Chicago
, coordinates =
, coordinates_footnotes =
, subdivision_type = List of sovereign states, Count ...
and produced paints, dyes, metallurgical products, construction materials, and other goods.
In 1982, Martin Marietta was subject to a hostile takeover bid by the
Bendix Corporation
Bendix Corporation is an American manufacturing and engineering company which, during various times in its existence, made automotive brake shoes and systems, vacuum tubes, aircraft brakes, aeronautical hydraulics and electric power systems, ...
, headed by
William Agee
William McReynolds Agee (January 5, 1938 – December 20, 2017) was an American business executive. In 1976 at age 38, he was appointed president and chief executive officer (CEO) of the Bendix Corporation. From 1988 to 1995, Agee was the chair ...
. Bendix bought the majority of Martin Marietta shares and in effect owned the company. However, Martin Marietta's management used the short time separating ownership and control to sell non-core businesses and launch its own hostile takeover of Bendix (known as the
Pac-Man defense
The Pac-Man defense is a defensive business strategy used to stave off a hostile takeover, in which a company that is threatened with a hostile takeover "turns the tables" by attempting to acquire its would-be buyer. The name refers to Pac-Man, a v ...
).
Thomas G. Pownall, CEO of Martin Marietta, was successful and the end of this extraordinarily bitter battle saw Martin Marietta survive; Bendix was bought by
Allied Corporation
Allied Corp. was a major American company with operations in the chemical, aerospace, automotive, oil and gas industries. It was initially formed in 1920 as the Allied Chemical and Dye Corporation as an amalgamation of five chemical companies. In ...
.
Timeline
*1961: Martin Marietta formed by merger of the Glenn L. Martin Company
The Glenn L. Martin Company—also known as The Martin Company from 1957-1961—was an American aircraft and aerospace manufacturing company founded by aviation pioneer Glenn L. Martin, and operated between 1917-1961. The Martin Company produce ...
and American-Marietta Corporation
*1963: Martin Marietta starts building floating nuclear power plant MH-1A
MH-1A was the first floating nuclear power station. Named ''Sturgis'' after General Samuel D. Sturgis, Jr., this pressurized water reactor built in a converted Liberty ship was part of a series of reactors in the US Army Nuclear Power Program, wh ...
as part of the Army Nuclear Power Program
The Army Nuclear Power Program (ANPP) was a program of the United States Army to develop small pressurized water and boiling water nuclear power reactors to generate electrical and space-heating energy primarily at remote, relatively inaccessi ...
*1969: Martin Marietta commissioned to build the Mark IV monorail
The Mark IV monorail (Mk4) was a design model of straddle-type monorail trains built for the Walt Disney World Monorail System. The design was developed by Disney Imagineer Bob Gurr. Ten trains were built by Martin Marietta in 1969 at the cost of ...
used on the Walt Disney World Monorail System
The Walt Disney World Monorail System is a public transit monorail system in operation at the Walt Disney World, Walt Disney World Resort in Bay Lake, Florida, near Orlando, Florida, Orlando. The Walt Disney World Resort currently operates twel ...
between 1971-1989
*1971: Martin Marietta loses landmark sex discrimination suit before the Supreme Court, in ''Phillips v. Martin Marietta Corp.
''Phillips v. Martin Marietta Corp.'', 400 U.S. 542 (1971), was a United States Supreme Court landmark case in which the Court held that under Title VII of the Civil Rights Act of 1964, an employer may not, in the absence of business necessity ...
''
*1975: Acquires Hoskyns Group
Capgemini SE is a multinational information technology (IT) services and consulting company, headquartered in Paris, France.
History
Capgemini was founded by Serge Kampf in 1967 as an enterprise management and data processing company. The c ...
(UK IT services company)
*1982: Bendix Corporation
Bendix Corporation is an American manufacturing and engineering company which, during various times in its existence, made automotive brake shoes and systems, vacuum tubes, aircraft brakes, aeronautical hydraulics and electric power systems, ...
's attempted takeover ends in its own sale to Allied Corporation; Martin Marietta survives
*1986: Wins contract to convert Titan II
The Titan II was an intercontinental ballistic missile (ICBM) developed by the Glenn L. Martin Company from the earlier Titan I missile. Titan II was originally designed and used as an ICBM, but was later adapted as a medium-lift space la ...
ICBMs
An intercontinental ballistic missile (ICBM) is a ballistic missile with a range greater than , primarily designed for nuclear weapons delivery (delivering one or more thermonuclear warheads). Conventional, chemical, and biological weapons c ...
into space launch vehicles. The Martin Company built the original ICBMs
*1987: Electronics & Missiles Group formed, headquartered in Orlando
Orlando () is a city in the U.S. state of Florida and is the county seat of Orange County. In Central Florida, it is the center of the Orlando metropolitan area, which had a population of 2,509,831, according to U.S. Census Bureau figures r ...
*1991: Electronics & Missiles Group reorganized into the Electronics, Information & Missiles Group
*1993: Acquires GE Aerospace
GE Aviation, a subsidiary of General Electric, is headquartered in Evendale, Ohio, outside Cincinnati. GE Aviation is among the top aircraft engine suppliers, and offers engines for the majority of commercial aircraft. GE Aviation is part of the ...
for 3 billion USD
The United States dollar (symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official ...
, allowing combined marketing of complementary systems, e.g. Martin Marietta's Titan missiles launching GE Aerospace's satellites
*1993: Acquires management contract for Sandia National Laboratories
Sandia National Laboratories (SNL), also known as Sandia, is one of three research and development laboratories of the United States Department of Energy's National Nuclear Security Administration (NNSA). Headquartered in Kirtland Air Force Bas ...
*1993: Acquires General Dynamics
General Dynamics Corporation (GD) is an American publicly traded, aerospace and defense corporation headquartered in Reston, Virginia. As of 2020, it was the fifth-largest defense contractor in the world by arms sales, and 5th largest in the Un ...
' Space Systems Division, maker of the Atlas family of launch vehicles
*1994: Martin Marietta completed its initial public offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investme ...
of 19% of the common stock of Martin Marietta Materials
Martin Marietta Materials, Inc. is an American company and a member of the S&P 500 Index. The company is a supplier of aggregates and heavy building materials, with operations spanning 26 states, Canada and the Caribbean. In particular, Marti ...
, which is listed on the New York Stock Exchange
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed ...
as MLM
*1995: Martin Marietta merged with Lockheed Corporation
The Lockheed Corporation was an American aerospace manufacturer. Lockheed was founded in 1926 and later merged with Martin Marietta to form Lockheed Martin in 1995. Its founder, Allan Lockheed, had earlier founded the similarly named but ...
to form Lockheed Martin[The Founding of Lockheed Martin"](_blank)
official website of Lockheed Martin Corp., retrieved December 4, 2017
*1996: Lockheed Martin splits off Martin Marietta Materials
Martin Marietta Materials, Inc. is an American company and a member of the S&P 500 Index. The company is a supplier of aggregates and heavy building materials, with operations spanning 26 states, Canada and the Caribbean. In particular, Marti ...
as a separate and independent entity
Products
Aircraft
*Martin X-23 PRIME
The Martin X-23A PRIME (Precision Reentry Including Maneuvering reEntry) (SV-5D) was a small lifting-body re-entry vehicle tested by the United States Air Force in the mid-1960s. Unlike ASSET, primarily used for structural and heating research, ...
**Martin Marietta X-24A
The Martin Marietta X-24 was an American experimental aircraft developed from a joint United States Air Force-NASA program named PILOT (1963–1975). It was designed and built to test lifting body concepts, experimenting with the concept of u ...
**Martin Marietta X-24B Martin may refer to:
Places
* Martin City (disambiguation)
* Martin County (disambiguation)
* Martin Township (disambiguation)
Antarctica
* Martin Peninsula, Marie Byrd Land
* Port Martin, Adelie Land
* Point Martin, South Orkney Islands
Austr ...
Missiles and rockets
*AGM-12 Bullpup
The AGM-12 Bullpup is a short-range air-to-ground missile developed by Martin Marietta for the US Navy. It is among the earliest precision guided air-to-ground weapons and the first to be mass produced. It first saw operational use in 1959 on th ...
*AGM-62 Walleye
The AGM-62 Walleye is a television-guided glide bomb which was produced by Martin Marietta and used by the United States Armed Forces from the 1960s-1990s. Most had a 250 lb (113 kg) high-explosive warhead; some had a nuclear warhea ...
*Titan (rocket family)
Titan was a family of United States expendable rockets used between 1959 and 2005. The Titan I and Titan II were part of the US Air Force's intercontinental ballistic missile (ICBM) fleet until 1987. The space launch vehicle versions contribut ...
**HGM-25A Titan I
The Martin Marietta SM-68A/HGM-25A Titan I was the United States' first multistage intercontinental ballistic missile (ICBM), in use from 1959 until 1962. Though the SM-68A was operational for only three years, it spawned numerous follow-on mode ...
**LGM-25C Titan II
The Titan II was an intercontinental ballistic missile (ICBM) developed by the Glenn L. Martin Company from the earlier Titan I missile. Titan II was originally designed and used as an ICBM, but was later adapted as a medium-lift space la ...
**Titan IIIA
The Titan IIIA or Titan 3A was an American expendable launch system, launched four times in 1964 and 1965, to test the Transtage upper stage which was intended for use on the larger Titan IIIC. The Transtage was mounted atop two core stages deri ...
**Titan IIIB
Titan IIIB was the collective name for a number of derivatives of the Titan II ICBM and Titan III launch vehicle, modified by the addition of an Agena upper stage. It consisted of four separate rockets. The Titan 23B was a basic Titan II with a ...
**Titan IIIC
The Titan IIIC was an expendable launch system used by the United States Air Force from 1965 until 1982. It was the first Titan booster to feature large solid rocket motors and was planned to be used as a launcher for the Dyna-Soar, though the s ...
**Commercial Titan III
The Commercial Titan III, also known as CT-3 or CT-III, was an American expendable launch system, developed by Martin Marietta during the late 1980s and flown four times during the early 1990s. It was derived from the Titan 34D, and was originall ...
**Titan IIID
The Titan IIID or Titan 3D was an American expendable launch system, part of the Titan rocket family. Titan IIID was flown 22 times with KH-9 and KH-11 satellites between 1971 and 1982, all successful launches. Essentially a Titan IIIC with the ...
**Titan IIIE
The Titan IIIE or Titan 3E, also known as the Titan III-Centaur, was an American expendable launch system. Launched seven times between 1974 and 1977, it enabled several high-profile NASA missions, including the Voyager and Viking planetary pro ...
**Titan IV
Titan IV was a family of heavy-lift space launch vehicles developed by Martin Marietta and operated by the United States Air Force from 1989 to 2005. Launches were conducted from Cape Canaveral Air Force Station, Florida and Vandenberg Air For ...
**Titan 23G
The Titan 23G, Titan II(23)G, Titan 2(23)G or Titan II SLV was an American expendable launch system derived from the LGM-25C Titan II intercontinental ballistic missile. Retired Titan II missiles were converted by Martin Marietta, into which the G ...
**Titan 34D
The Titan 34D was a United States expendable launch vehicle used to launch a number of satellites for military applications.
Service history
Derived from the Titan III, the Titan 34D featured Stage 1 and Stage 2 stretched with more powerful UA1 ...
*M712 Copperhead
The M712 Copperhead is a 155 mm caliber cannon-launched guided projectile. It is
a fin-stabilized, terminally laser guided, explosive shell intended to engage hard point targets such as tanks, self-propelled howitzers or other high-value targ ...
*MGM-31 Pershing
The MGM-31A Pershing was the missile used in the Pershing 1 and Pershing 1a field artillery missile systems. It was a solid-fueled two-stage theater ballistic missile designed and built by Martin Marietta to replace the PGM-11 Redstone missile ...
*Pershing II
The Pershing II Weapon System was a solid-fueled two-stage medium-range ballistic missile designed and built by Martin Marietta to replace the Pershing 1a Field Artillery Missile System as the United States Army's primary nuclear-capable theate ...
*MGM-51 Shillelagh
The Ford MGM-51 ''Shillelagh'' (MGM meaning Mobile Guided Missile) was an American anti-tank guided missile designed to be launched from a conventional gun (cannon). It was originally intended to be the medium-range portion of a short, medium, a ...
*MGM-118 Peacekeeper
The LGM-118 Peacekeeper, originally known as the MX for "Missile, Experimental", was a MIRV-capable intercontinental ballistic missile (ICBM) produced and deployed by the United States from 1985 to 2005. The missile could carry up to twelve Mark ...
*MGM-134 Midgetman
The MGM-134A Midgetman, also known as the Small Intercontinental Ballistic Missile, was an intercontinental ballistic missile developed by the United States Air Force. The system was mobile and could be set up rapidly, allowing it to move to a n ...
*FGM-148 Javelin
The FGM-148 Javelin, or Advanced Anti-Tank Weapon System-Medium (AAWS-M), is an American-made portable anti-tank missile system in service since 1996, and continuously upgraded. It replaced the M47 Dragon anti-tank missile in US service. Its fi ...
* AGR-14 ZAP
*ASALM
The Advanced Strategic Air-Launched Missile (ASALM) was a medium-range strategic missile program, developed in the late 1970s for the United States Air Force. Intended for use in both the air-to-surface and anti- AWACS roles, the missile's deve ...
*Sprint (missile)
The Sprint was a two-stage, solid-fuel anti-ballistic missile (ABM), armed with a W66 enhanced-radiation thermonuclear warhead used by the United States Army from 1975-1976. It was designed to intercept incoming reentry vehicles (RV) after the ...
*Atlas (rocket family)
Atlas is a family of US missiles and space launch vehicles that originated with the SM-65 Atlas. The Atlas intercontinental ballistic missile (ICBM) program was initiated in the late 1950s under the Convair Division of General Dynamics. Atlas was ...
**Atlas I
The Atlas I was a US expendable launch system manufactured by General Dynamics in the 1990s to launch a variety of satellites. In June 1987, General Dynamics committed $100M to acquire long-lead procurement items to support build of 18 vehicles ...
**Atlas II
Atlas II was a member of the Atlas family of launch vehicles, which evolved from the successful Atlas missile program of the 1950s. The Atlas II was a direct evolution of the Atlas I, featuring longer first stage tanks, higher-performing engin ...
Spacecraft
*Magellan (spacecraft)
The ''Magellan'' spacecraft was a robotic space probe launched by NASA of the United States, on May 4, 1989, to map the surface of Venus by using synthetic-aperture radar and to measure the planetary gravitational field.
The ''Magellan'' ...
*Mars Polar Lander
The Mars Polar Lander, also known as the Mars Surveyor '98 Lander, was a 290-kilogram robotic spacecraft lander launched by NASA on January 3, 1999, to study the soil and climate of Planum Australe, a region near the south pole on Mars. It form ...
*Viking program
The ''Viking'' program consisted of a pair of identical American space probes, '' Viking 1'' and '' Viking 2'', which landed on Mars in 1976. Each spacecraft was composed of two main parts: an orbiter designed to photograph the surface of Mars ...
**Viking 1
''Viking 1'' was the first of two spacecraft, along with '' Viking 2'', each consisting of an orbiter and a lander, sent to Mars as part of NASA's Viking program. The lander touched down on Mars on July 20, 1976, the first successful Mars la ...
**Viking 2
The ''Viking 2'' mission was part of the American Viking program to Mars, and consisted of an orbiter and a lander essentially identical to that of the '' Viking 1'' mission. ''Viking 2'' was operational on Mars for sols ( days; '). The ''V ...
* WIND (spacecraft)
Unmanned aerial vehicles
* Martin Marietta Model 845
*AQM-127 SLAT
The AQM-127 Supersonic Low-Altitude Target (SLAT) was a target drone developed during the 1980s by Martin Marietta for use by the United States Navy. Derived from Martin Marietta's work on the cancelled ASALM missile, SLAT proved to have severe ...
Significant components of vehicles
*Space Shuttle external tank
The Space Shuttle external tank (ET) was the component of the Space Shuttle launch vehicle that contained the liquid hydrogen fuel and liquid oxygen oxidizer. During lift-off and ascent it supplied the fuel and oxidizer under pressure to the ...
See also
* List of monorail systems
A monorail is a railway system in which the track consists of a single elevated rail, beam or track with the trains either supported or suspended. The term is also used to describe the beam of the system, or the vehicles traveling on such a beam o ...
References
{{Martin aircraft
1961 establishments in Maryland
1995 disestablishments in Maryland
Aerospace companies of the United States
Aviation in Maryland
Defense companies of the United States
Defunct aircraft manufacturers of the United States
Electronics companies established in 1961
Electronics companies of the United States
Lockheed Martin
Manufacturing companies based in Maryland
Manufacturing companies established in 1961
Manufacturing companies disestablished in 1995
1995 mergers and acquisitions
Superfund sites in Oregon