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 ...

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 produc ...

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 such ...

. In 1995, it merged with Lockheed Corporation to form

Lockheed Martin The Lockheed Martin Corporation is an American aerospace, arms, defense, information security, and technology corporation with worldwide interests. It was formed by the merger of Lockheed Corporation with Martin Marietta in March 1995. It ...

History

Martin Marietta formed in 1961 by the merger of the

and

. Martin, based in

Baltimore Baltimore ( , locally: or ) is the most populous city in the U.S. state of Maryland, fourth most populous city in the Mid-Atlantic, and the 30th most populous city in the United States with a population of 585,708 in 2020. Baltimore was d ...

, was primarily an aerospace concern with a recent focus on missiles, 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, fictiona ...

program. American-Marietta was headquartered in Chicago 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, av ...

, 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). 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.

Timeline

*1961: Martin Marietta formed by merger of the

and American-Marietta Corporation *1963: Martin Marietta starts building floating nuclear power plant MH-1A as part of the Army Nuclear Power Program *1969: Martin Marietta commissioned to build the Mark IV monorail used on the Walt Disney World Monorail System 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 compa ...

(UK IT services company) *1982:

's attempted takeover ends in its own sale to Allied Corporation; Martin Marietta survives *1986: Wins contract to convert Titan II

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 ...

into space launch vehicles. The Martin Company built the original ICBMs *1987: Electronics & Missiles Group formed, headquartered in Orlando *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, 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 *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 Uni ...

' Space Systems Division, maker of the Atlas family of launch vehicles *1994: Martin Marietta completed its initial public offering of 19% of the common stock of Martin Marietta Materials, which is listed on the New York Stock Exchange as MLM *1995: Martin Marietta merged with Lockheed Corporation to form

The Founding of Lockheed Martin"
official website of

Corp., retrieved December 4, 2017 *1996: Lockheed Martin splits off Martin Marietta Materials 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 **

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 Austral ...

Missiles and rockets

* AGM-12 Bullpup * AGM-62 Walleye * Titan (rocket family) ** HGM-25A Titan I ** LGM-25C Titan II ** Titan IIIA ** Titan IIIB **

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 **

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 ** Titan IV ** Titan 23G ** Titan 34D * M712 Copperhead * MGM-31 Pershing *

Pershing II The Pershing II Weapon System was a solid-fuel rocket, solid-fueled multistage rocket, 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 ...

* MGM-51 Shillelagh *

MGM-118 Peacekeeper The LGM-118 Peacekeeper, originally known as the MX for "Missile, Experimental", was a Multiple independently targetable reentry vehicle, MIRV-capable intercontinental ballistic missile (ICBM) produced and deployed by the United States from 1985 ...

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 ne ...

* FGM-148 Javelin * 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 devel ...

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 th ...

* Atlas (rocket family) ** Atlas I ** Atlas II

Spacecraft

* Magellan (spacecraft) * Mars Polar Lander * Viking program ** Viking 1 **

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 ''Vik ...

* WIND (spacecraft)

Unmanned aerial vehicles

Martin Marietta Model 845 The Martin Marietta Model 845 was a remotely piloted aircraft developed in the United States in the late 1960s and early 1970s for use as a communications relay in the Vietnam War. Design and development Two prototypes were built as part of the ...

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 d ...

Significant components of vehicles

* Space Shuttle external tank

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