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Lockheed Martin
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Lockheed Martin: A Global Defence and Aerospace Giant Lockheed Martin Corporation, formed in 1995 through the merger of Lockheed Corporation and Martin Marietta, is a leading American defence and aerospace manufacturer with a global reach. Headquartered in North Bethesda, Maryland, it employs approx...
- Company type Public
- Industry Aerospace, Defense
- Founded March 15, 1995
- Headquarters Bethesda, Maryland, United States
- Area served Worldwide
- Key people James D. Taiclet (chair, president &
- Revenue US$71.04 billion (2024)
- Net income US$5.336 billion (2024)
- Number of employees 121,000 (2024)
- Website www.lockheedmartin.com
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Lockheed Martin history
Last Updated : 19/03/25, 06:58 PM
Lockheed Martin: A Legacy of Defence and Innovation Formed through the 1995 merger of Lockheed Corporation and Martin Marietta, Lockheed Martin rapidly became a global leader in aerospace and defence. The combined entity inherited a vast portfolio encompassing iconic aircraft like the SR-71 Blackbir...
LOCKHEED MARTIN NEWS
F-35 fighter jet crashes in Alaska due to malfunction; pilot ejects safely
January 29, 2025 3:49 pm
Eielson Air Force Base said in a statement that the incident on Tuesday afternoon resulted in "significant damage" to the F-35 Lightning II aircraft.
Eyeing IAF's transport fleet deal, Lockheed Martin and Tata Advanced Systems announce ambitious pact
September 10, 2024 6:08 pm
The announcement, seen as a significant step in enhancing India's defence and aerospace capabilities, came weeks after Defence Minister Rajnath Singh travelled to the US during which both sides vowed to further boost overall defence ties.
NASA, DARPA select Lockheed Martin to develop nuclear rocket engine
July 28, 2023 6:57 pm
NASA and DARPA have selected Lockheed Martin to design and fabricate a nuclear-powered rocket engine.
China sanctions Lockheed Martin, Raytheon for Taiwan sales
February 16, 2023 3:37 pm
The companies are barred from importing goods into China or making new investments in the country, the Ministry of Commerce announced.
Space news weekly recap: Space force rocket launch to maiden SSLV rocket launch
August 07, 2022 2:30 pm
From the United Launch Alliance's launch of a Space Force satellite to ISRO's maiden SSLV launch, here is some of the biggest space news that happened over the last week.
Lockheed Martin shares new partnership opportunities with Indian suppliers
August 06, 2020 9:16 pm
Lockheed Martin on Thursday said its RMS team will work with capable Indian companies over the next 7-8 years and provide opportunities to the industry to integrate into the global supply chain.
Lockheed Martin awarded $1.48 billion Saudi missile defence contract
July 20, 2019 12:35 pm
Lockheed Martin, the biggest US arms maker, builds and integrates the THAAD system, which is designed to shoot down short-, medium- and intermediate-range ballistic missiles.
F-21 jets will not be sold to any other country if we get IAF contract: Lockheed Martin
May 13, 2019 9:40 pm
Vivek Lall, vice president of Strategy and Business Development for Lockheed Martin, says if F-21 wins the contract, then India will also be integrated into the company's global fighter ecosystem, which is a USD 165 billion dollar market.
After US complaint, Canada to soften rules for jet competition to allow Lockheed Martin bid: source
May 10, 2019 8:26 am
Industry sources have long predicted that Lockheed Martin's rivals could pull out if they felt Ottawa was tilting the race in favour of the F-35.
Lockheed Martin unveils new F-21 fighter jet configured for India
February 20, 2019 7:39 pm
Lockheed is competing with Boeing's F/A-18, Saab's Gripen, Dassault Aviation’s Rafale, the Eurofighter Typhoon and a Russian aircraft for the air force order.
