lockheed martin

Download Lockheed Martin

Post on 24-Jul-2016

221 views

Category:

Documents

0 download

Embed Size (px)

DESCRIPTION

Corporate Brochure

TRANSCRIPT

  • NOVEMBER 2015www.endeavourmagazine.com

    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

    www.littlegatepublishing.com

    LOCKHEED MARTINWWW.LMCO.COM 001 301 897 6230

  • LOCKHEED MARTIN

    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

    LOCKHEED MARTIN

    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

    capability.

    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.

    LOCKHEED MARTIN

  • Makers of US-manufactured locks

    Proud suppliers of the 100G lock to Lockheed Martin

    Recipients of the Lockheed Martin Supplier of the Year Award in 2014

    661.294.3707 x 103lpeterson@paclock.com

    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

Recommended

View more >