Lockheed Martin Corporation is a global aerospace and defense company that was founded in 1995 through the merger of Lockheed Corporation and Martin Marietta. Headquartered in Bethesda, Maryland, USA, Lockheed Martin is one of the largest defense contractors in the world, providing advanced technology systems, products, and services to a diverse range of customers. Lockheed Martin Corporation is listed on the New York Stock Exchange (NYSE) under the ticker symbol "LMT."
The company's main business segments include Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. Within these segments, Lockheed Martin designs, manufactures, and supports advanced aircraft, helicopters, spacecraft, missiles, radars, and other defense systems. The company also offers a range of related services such as logistics, training, and maintenance.
Lockheed Martin has achieved several notable accomplishments throughout its history. One of its most significant achievements is its involvement in the development of advanced military aircraft, including the iconic F-16 Fighting Falcon, F-22 Raptor, and F-35 Lightning II. These aircraft represent cutting-edge technology and have played a crucial role in modernizing the air forces of many nations.
The company has also made significant contributions to space exploration and satellite technology. Lockheed Martin has been involved in the development of numerous space missions, including the Mars Exploration Rover mission and the Juno mission to Jupiter. Additionally, the company has played a key role in the development and operation of advanced weather and communications satellites.
Furthermore, Lockheed Martin has a strong focus on research and development, continually working to advance technology and innovate in the defense and aerospace sectors. The company invests heavily in research and collaborates with government agencies, academic institutions, and industry partners to push the boundaries of technological capabilities.