::Lockheed Martin


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Lockheed Martin (NYSE: [{{#invoke:Stock tickers/NYSE|GetURL|LMT }} LMT]) is an American global aerospace, defense, security and advanced technologies 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, DC, area. Lockheed Martin employs 116,000 people worldwide. Marillyn Hewson is the current President and Chief Executive Officer.

Lockheed Martin stands as one of the world's premier companies in the aerospace, defense, security, and technologies industry; it is the world's largest defense contractor based on revenue for fiscal year 2014.<ref name="Top 20 Defense Contractors">POC Top 20 Defence Contractors of 2014. Retrieved: July 2015</ref> In 2013, 78% of Lockheed Martin's revenues came from military sales;<ref name="DefenceIQ">DefenseIQ Top 10 defence companies in the world, 2013. Retrieved: July 6, 2015.</ref> it topped the list of US federal government contractors and received nearly 10% of the funds paid out by the Pentagon.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> 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%).<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>

Lockheed Martin operates in five business segments; this comprises Aeronautics, Information Systems & Global Solutions, Missiles and Fire Control, Mission Systems and Training, and Space Systems.<ref name="Lockheed Martin-2014"/> The company has received the Collier Trophy six times, including in 2001 for being part of developing the X-35/F-35B LiftFan Propulsion System,<ref name="LMCollier">Propulsion System in Lockheed Martin Joint Strike Fighter wins Collier Trophy Lockheed Martin press release, February 28, 2003. Retrieved: January 2010</ref><ref name="LiftFanPatent2">{{#invoke:citation/CS1|citation |CitationClass=web }} United States Patent 5209428 (pdf of original)</ref><ref name="Collier">Collier Trophy; list of winners. Retrieved January 2010</ref> and most recently in 2006 for leading the team that developed the F-22 Raptor fighter jet. Lockheed Martin is currently developing the F-35 Lightning II and leads the international supply chain, leads the team for the development and implementation of technology solutions for the new USAF Space Fence (AFSSS replacement) <ref name="SpaceFence">Space Fence: Lockheed Martin, 2015. Retrieved: July 7, 2015.</ref> and is the primary contractor for the development of the Orion Spacecraft command module.<ref name="OrionSpacecraft">Orion: Lockheed Martin, 2015. Retrieved: July 7, 2015.</ref> The company is also investing into the exploration of emerging capabilities in the areas of healthcare systems, renewable energy systems, intelligent energy distribution and compact nuclear fusion.<ref name = "LockheedMartinFusion">CNF: Lockheed Martin, 2015. Retrieved: 8 July 2015</ref>

Lockheed Martin sections
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