Lockheed Martin

The Lockheed Martin Corporation, according to the company's web site, is "an advanced technology company ... formed in March 1995 with the merger of two of the world's premier technology companies, Lockheed Corporation and Martin Marietta Corporation."[1]

Lockheed Martin is headquartered in Bethesda, Maryland, and "employs about 125,000 people worldwide." The company is "principally engaged in the research, design, development, manufacture and integration of advanced technology systems, products and services."[2]

Nearly 80% of Lockheed Martin's customer base is with the U.S. Department of Defense and the U.S. federal government agencies. "In fact, Lockheed Martin is the largest provider of IT services, systems integration, and training to the U.S. Government. The remaining portion of Lockheed Martin's business is comprised of international government and some commercial sales of products, services and platforms."[3]

Headlines

• 27 August 2003 WASHINGTON (AFP) "Lockheed Martin will pay the US government 37.9 million dollars to settle accusations that it inflated the cost of contracts for the US air force, the justice department said."

Leadership

• Vance D. Coffman, Chairman and CEO
• Robert J. Stevens, President and COO
• Christopher E. Kubasik, Chief Financial Officer
• Michael F. Camardo, Executive Vice President, Technology Services
• Robert B. Coutts, Executive Vice President, Systems Integration
• Dain M. Hancock, Executive Vice President, Lockheed Martin Aeronautics Company
• Albert E. Smith, Executive Vice President, Integrated Systems & Solutions

Board of Directors

• Nolan D. Archibald, Chairman, President and CEO, Black & Decker Corporation
• Norman R. Augustine, Chairman of the Executive Committee Lockheed Martin
• Marcus C. Bennett, Retired Executive Vice President and CFO Lockheed Martin
• Vance D. Coffman, Chairman and CFO Lockheed Martin

• Gwendolyn S. King, President, Podium Pose
• Douglas H. McCorkindale, Chairman, President and CEO, Gannett Co., Inc.
• Eugene F. Murphy, Retired Vice Chairman and Executive Officer, GE Company
• Frank Savage, CEO, Savage Holdings LLC
• Anne Stevens, Vice President, North America Vehicle Operations, Ford Motor Company
• Robert J. Stevens, President and CEO, Lockheed Martin
• James R. Ukropina, CEO, Directions, LLC
• Douglas C. Yearley, Chairman Emeritus, Phelps Dodge Corporation

Links

• Military-industrial complex
• Defense contractors
• Locations of Boeing, Lockheed Martin, Raytheon, and TRW
• http://www.google.com My favorite search engine]

External Links

• National Commission for Economic Conversion & Disarmament, Major Defense Contractors: A Mixed Record on Conversion; see entry on Lockheed and Martin Marietta.
• Wikipedia article