Lockheed Martin
Type Public company
Traded as NYSELMT

S&P 500 Component

Industry AerospaceDefenseInformation security
Founded 1995
Headquarters Bethesda, Maryland, USA
Area served Worldwide
Key people Marillyn A. Hewson

(President & CEO) Robert J. Stevens (Executive Chairman) Bruce L. Tanner (Executive Vice President & CFO) Ray O. Johnson (Senior Vice President & CTO)

Products ATC systems

Ballistic missiles Munitions Missile defense elements Transport aircraft Fighter aircraft Radar Satellites Atlas launch vehicles Spacecraft

Revenue  $ 46.499 billion (FY 2011)[1]
Operating income $ 3.980 billion (FY 2011)[1]
Profit $ 2.655 billion (FY 2011)[1]
Total assets $ 37.908 billion (FY 2011)[1]
Total equity $ 1.001 billion (FY 2011)[1]
Employees 123,000 (December 2011)[1]

Lockheed Martin (NYSELMT) is an American global aerospacedefensesecurity, and advanced technology 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 Metropolitan Area. Lockheed Martin employs 123,000 people worldwide. Marillyn Hewson is the current president and Chief Executive Officer.

Lockheed Martin is one of the world's largest defense contractors; In 2009, 74% of Lockheed Martin's revenues came from military sales.[2] It received 7.1% of the funds paid out by the Pentagon.[3]

Lockheed Martin operates in five business segments. These comprise Aeronautics, Information Systems & Global Solutions, Missile and Fire Control, Mission Systems and Training, and Space Systems. 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%).[4] In both 2009 and 2008 the company topped the list of US Federal Contractors.

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