Lockheed Martin Corporation

Lockheed Martin

Type	Public company
Traded as	: LMT S&P 100 Component S&P 500 Component
Industry	Aerospace, Defense, Information Security and Advanced Technologies
Predecessors	Lockheed Corporation and Martin Marietta
Founded	March 15, 1995; 21 years ago (1995-03-15)
Headquarters	Bethesda, Maryland, United States
Area served	Worldwide
Key people	Marillyn A. Hewson (CEO, Chairman, President)
Products	ATC Systems Ballistic Missiles Precision-guided munitions Missile Defense Elements Directed-energy weapons Combat Systems Littoral combat ships Armoured fighting vehicles Combat aircraft Military Support Aircraft Robotic Systems Radar Technologies Electronic Warfare Systems Multi-Function Sensor Systems Satellites Atlas V Launch Vehicles Spacecraft ICT Solutions and Software Energy Management and Storage Systems
Revenue	US$46.132 billion (FY 2015)
Operating income	US$5.3546 billion (FY 2015)
Profit	US$3.605 billion (FY 2015)
Total assets	US$47.806 billion (FY 2016)
Total equity	US$3.097 billion (FY 2015)
Number of employees	126,000 (February 2016)
Subsidiaries	Lockheed Martin Aerospace Systems Integration Corporation Lockheed Martin Australia Pty Limited Lockheed Martin Canada Inc. Lockheed Martin Desktop Solutions, Inc. Lockheed Martin Engine Investments, LLC Lockheed Martin Global, Inc. Lockheed Martin Integrated Systems, Inc. Lockheed Martin Integrated Technology, LLC Lockheed Martin International Service Corporation Lockheed Martin Investments Inc. Lockheed Martin Logistics Management, Inc. Lockheed Martin Operations Support, Inc. Lockheed Martin Services, Inc. Lockheed Martin Space Alliance Company Lockheed Martin UK Ampthill Limited Lockheed Martin UK Limited Lockheed Martin BTS Limited QTC Holdings Inc. Sandia Corporation Sikorsky Aircraft Corporation
Website	LockheedMartin.com

Lockheed Martin (: LMT) is an American global aerospace, defense, security and advanced technologies company with worldwide interests. It was formed by the merger of Lockheed Corporation with Martin Marietta in March 1995. It is headquartered in Bethesda, Maryland, in the Washington, DC, area. Lockheed Martin employs 126,000 people worldwide.Marillyn Hewson is the current President and Chief Executive Officer.

Lockheed Martin is one of the largest companies in the aerospace, defense, security, and technologies industry. It is the world's largest defense contractor based on revenue for fiscal year 2014. In 2013, 78% of Lockheed Martin's revenues came from military sales; it topped the list of US federal government contractors and received nearly 10% of the funds paid out by the Pentagon. In 2009 US government contracts accounted for $38.4 billion (85%), foreign government contracts $5.8 billion (13%), and commercial and other contracts for $900 million (2%).

Lockheed Martin operates in five business segments: Aeronautics, Information Systems & Global Solutions, Missiles and Fire Control, Rotary and Mission Systems, and Space Systems. The company received the Collier Trophy six times, including in 2001 for being part of developing the X-35/F-35B LiftFan Propulsion System, and most recently in 2006 for leading the team that developed the F-22 Raptor fighter jet. Lockheed Martin is currently developing the F-35 Lightning II and leads the international supply chain, leads the team for the development and implementation of technology solutions for the new USAF Space Fence (AFSSS replacement), and is the primary contractor for the development of the Orion (spacecraft) command module. The company also invests in healthcare systems, renewable energy systems, intelligent energy distribution and compact nuclear fusion.