Lockheed Martin
Lockheed Martin is the largest arms manufacturer in the world [1], with an order book worth £70bn and a dominance in the fighter aircraft sector. $23.3bn in military sales, including fighter and transport aircraft, missiles and space systems, comprise 88% of company turnover.
The company describes itself on its website as "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."[2]
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" [3].
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."[4]
News articles
- 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
- [[Christo--209.94.176.249 12:05, 3 Dec 2004 (EST)pher 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
Contact
Lockheed Martin
6081 Rockledge Drive
Bethesda
Maryland
2081
USA
Tel: + 00 1 301 897 6000
Website: http://www.lockheedmartin.com
SourceWatch links
- Military-industrial complex
- Defense contractors
- Locations of Boeing, Lockheed Martin, Raytheon, and TRW
