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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EPA announces cleanup agreements
The federal government on Tuesday announced agreements with six firms to address underground water contamination in the San Fernando Valley, including in Glendale. The Environmental Protection Agency reached agreements with Goodrich Corp., ITT Corp.,...Tags: Honeywell International Incorporated, U.S. Environmental Protection Agency, Bob Hope, Politics, Environmental Politics
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Airport, Lockheed reach groundwater settlement
Bob Hope Airport officials have agreed to pay $2 million to Lockheed Martin Corp. in exchange for a guarantee from the aerospace company that it will cover the cost of what is expected to be a $108-million cleanup of contaminated groundwater under a...Tags: Environmental Pollution, Water, U.S. Environmental Protection Agency, Bob Hope, Crime, Law and Justice
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Incumbents outpacing rivals in fundraising
If dollars were votes, the local races for Congress and Assembly would be landslides. Incumbent Reps. Adam Schiff (D-Burbank), Brad Sherman (D-Sherman Oaks) and state Assemblyman Mike Gatto (D-Silver Lake) all have substantial fundraising advantages over...Tags: Career and Workplace, Newport Beach, Campaign Finance, Burbank (Los Angeles, California), Walt Disney
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Airport officials want cleanup costs covered
Bob Hope Airport officials are fighting an U.S. EPA order to share in the $108-million tab to clean up contaminated groundwater created by former aerospace manufacturing at the site. Airport officials have asked a federal judge to order Lockheed Corp.,...Tags: Water, U.S. Environmental Protection Agency, Bob Hope, Family, Pasadena (Los Angeles, California)
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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: Winter Park, NASA, Maitland, Companies and Corporations, General Electric Company
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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: Symantec Corp., Boeing Co., Tyco International Limited, Thomson Corporation, Harris 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: CBS Corp., NASA, The Pentagon, Military Aircraft, Military Equipment
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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: Allentown, NASA, Military Aircraft, 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: Maitland, Companies and Corporations, Patents, Copyrights and Trademarks, Winter Springs, Titusville
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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: The Walt Disney Co., Amusement and Theme Parks, United Way , Orange County (Florida), Politics
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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: Mortgages, Orange County (Florida), Companies and Corporations, Orlando Hotels, Finance
Mar 9, 2011
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Mar 1, 2011
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Aug 21, 2010
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Jul 15, 2010
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May 20, 2012
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May 20, 2012
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May 15, 2012
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May 13, 2012
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May 13, 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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