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INSPIRED BY YOUR SUCCESS
Lockheed MartinGenuinely Aiming For The Stars
Straight off the bat, Lockheed Martin are helping mankind get to Mars, which gives you an idea of the range of determination and vision that this company possesses. Headquartered in Bethesda, Maryland, they are a global security and aerospace company that employs approximately 112,000 people worldwide and is principally engaged in research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.
WRITTEN BY JACK SLATER
GENUINELY AIMING FOR THE STARS
LOCKHEED MARTINWWW.LMCO.COM 001 301 897 6230
Indeed, Lockheed Martin stands as one of the worlds premier
companies in the aerospace, defence, security, and technologies
industry; it is the worlds largest defence contractor, based on
revenue for fiscal year 2014.
In 2013, 78% of Lockheed Martins revenues came from military
sales and it topped the list of US federal Government contractors
and received nearly 10% of the funds paid out by the Pentagon.
Leading the way in Aeronautics, Information Systems and Global
Solutions, Missiles and Fire Control, Mission Systems and Training,
and Space Systems 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, and most recently in 2006 for
leading the team that developed the F-22 Raptor fighter jet.
A GREAT STORYA company of this size and ability doesnt get that way by being
used to a smooth ride and over the years Lockheed Martin has
overcome many sizeable hurdles.
During the mid to late 90s the company experienced a surge of
growth from their initial creation. Merger talks between Lockheed
Corporation and Martin Marietta began in March 1994, with the
companies announcing their $10 billion planned merger on August
30, 1994. The deal was finalised on March 15, 1995, when the two
companies shareholders approved the merger.
During a period of great demand for military technology
expertise the timing could not have been better for such a
collaboration between two companies who both contributed
A corporation of insane ambition, their net sales were a staggering $45.6 billion in 2014 and while their business scope covers the entire globe, involving thousands, they are all united under the common goal of expanding their technology and capabilities into areas where others dare not tread.
important products into their new portfolio. As an example,
Lockheed products included the Trident missile, P-3 Orion, F-16
Fighting Falcon, F-22 Raptor, C-130 Hercules, A-4AR Fightinghawk
and the DSCS-3 satellite. And Martin Marietta products included
Titan rockets, Sandia National Laboratories (management contract
acquired in 1993), Space Shuttle External Tank, Viking 1 and Viking
2 landers, the Transfer Orbit Stage (under subcontract to Orbital
Sciences Corporation) and various satellite models.
Continuing the trend for acquisition of experience and
expertise, in April of the following year Lockheed Martin acquired
the electronics and systems integration business Loral Corporation
for a tidy sum of $9.1 billion. Some would say that their growth
was hampered in 1998 when they were obliged to abandon plans
for a $8.3 billion merger with Northrop Grumman in July 1998
due to Government concerns regarding the potential strength of
the new group. When considered carefully a Lockheed/Northrop
collaboration would have held control of 25% of the Department
of Defences procurement budget!
The first decade of the 2000s was the companys opportunity
to shine. In 2001 they won the contract to build the F-35 Lightning
II, which was the largest fighter aircraft procurement project since
the F-16, with an initial order of 3,000 aircraft. And in August 2006,
Lockheed Martin won a $3.9 billion contract from NASA to design
and build the CEV capsule, later named Orion for the Ares I rocket
in the Constellation Program.
As if to prove that they were at the very cutting edge of
technology, Lockhead Martin took an active and decisive interest
in the development of new super materials that were only just
beginning to surface in the publics eye. In 2008 they acquired the
Government business unit of Nantero, Inc, who had developed
methods and processes for incorporating carbon nanotubes in
next-generation electronic devices. This was backed up in 2009
when they bought Unitech.
The 2010s were a tumultuous period for the company. Every
business, no matter the size has to be shaken up periodically to see
what works and what doesnt. What began was a period where
lesser efficient plants and branches of the company were shut
down and replaced with acquisitions of more technology based
companies. While the media frenzy that followed focussed heavily
on the consequential unemployment of several hundred workers,
what was generally ignored was the monumental achievements
that the Lockheed Martin were able to make thanks to these
tactical acquisitions and collaborations. As just an example; they
purchased the first Quantum Computing System from D-Wave
Systems, giving them a sizeable head start in the race to a working
quantum computer system. They acquired the engine maintenance,
repair and overhaul assets of company Aveos Fleet Performance
in Montreal, Canada and partnered with DreamHammer to use
the companys software for integrated command and control of
its unmanned aerial vehicles. In late 2013 they acquired Scotland-
based tech firm, Amor Group and Lockheed Chief Executive
Marillyn Hewson stated, The deal would aid its plans to expand
internationally and into non-defence markets,
INSANE PROJECTSThe projects that Lockheed Martin involve themselves in are
some of the most exciting and insane projects conceivable. For
example, on June 2, 2014 Lockheed Martin received a Pentagon
contract to build a space fence that would track debris floating
currently in orbit around the planet. This project, which came with
a contracted tag of $915 million, was to protect satellites and
spacecraft from being damaged by this floating debris.
Space is an unforgiving environment to operate in, said General
William L. Shelton, commander of Air Force Space Command, at the
time, adding, There are, in orbit, an estimated 500,000 objects at
least one centimetre in size. Existing systems can track only about
23,000 of them.
DEVELOPMENTSLockheed Martin received a $76 million contract from the U.S.
Air Force for follow-on production of PavewayTM II Plus Laser
Guided Bomb (LGB) kits. The contract represents the majority
share of fiscal year 2015 funding, as well as 100 percent of
available funding for foreign military sales with deliveries set to
begin in the second quarter of 2016 and include the guidance and
tail assemblies for GBU-10 and GBU-12 LGBs.
Our high-efficiency production lines enabled us to offer the
U.S. Air Force a best-value solution for their LGB kit requirements,
said Joe Serra, precision guided systems manager at Lockheed
Martin Missiles and Fire Control. The Paveway II Plus guidance
system significantly enhances overall system performance and
precision, and provides the U.S. Air Force with a cost-effective
Lockheed Martin is a qualified provider of all three Paveway
II MK-80 series LGB variants (GBU-10 MK-84 [2,000 lb.], GBU-
12 MK-82 [500 lb.] and GBU-16 MK-83 (1,000 lb.) and is the sole
provider of the Enhanced Laser Guided Training Round and Dual
Mode LGB kits. The company has delivered more than 140,000
training rounds, more than 70,000 Paveway II LGB kits and
approximately 7,000 dual-mode systems to the U.S. Navy, Marine
Corps, Air Force and 20 international customers. The systems are
designed and manufactured at Lockheed Martins 350,000-square-
foot production facility in Archbald, Pennsylvania.
SIXTH OPEN MISSION SYSTEMS FLIGHTLockheed Martin successfully integrated and flight tested seven
Open Mission Systems (OMS) payloads in a span of less than three
months into a U-2 Dragon Lady, marking the corporations sixth
demonstration flight in support of the U.S. Air Forces OMS vision.
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This demonstration focused on communications relay
capabilities and dynamic weapon retargeting within an OMS
integration methodology, said John Clark, director of Lockheed
Martins Advanced Development Programs (the Skunk Works).
This demonstration showed our ability to integrate mission
capability rapidly and affordably while highlighting how the OMS
standard provides the Air Force a mechanism to own the technical
baseline for their future systems.
A technician completes final pre-flight checks on a U-2 Dragon
Lady before an Open Mission Systems demonstration flight in wh