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Lockheed Martin

Lockheed Martin Corporation 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 North Bethesda, Maryland, in the Washington, D.C., area. Lockheed Martin employs approximately 100,000 people worldwide as of December 2017. Lockheed Martin is one of the largest companies in the aerospace, defense, security, and technologies industry. It is the world's largest defense contractor based on revenue for fiscal year 2014. In 2013, 78% of Lockheed Martin's revenues came from military sales; it topped the list of US federal government contractors and received nearly 10% of the funds paid out by the Pentagon. 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%).

Lockheed Martin CubeSats Successfully Validate Essential Maneuvers For On-Orbit Servicing

“Lockheed Martin (NYSE: LMT) today announced that its In-space Upgrade Satellite System (LM LINUSS™) accomplished a successful on-orbit demonstration, proving how small satellites can serve an essential role in sustaining critical space architectures. They do this by regularly upgrading existing …

VISTA X-62 Advancing Autonomy And Changing The Face Of Air Power

“The Lockheed Martin (NYSE: LMT) VISTA X-62A, a one-of-a-kind training aircraft, was flown by an artificial intelligence agent for more than 17 hours recently, representing the first time AI engaged on a tactical aircraft. VISTA, short for Variable In-flight Simulation …

Ensuring Astronaut Safety: Lockheed Martin And NASA Successfully Demonstrate Orion Launch Abort System In Flight Test

“The critical launch abort system for NASA’s Orion spacecraft was put to its hardest test today, and it demonstrated its capability to pull the crew module and future astronauts to safety during a launch if there is an emergency …

Next-generation of GPS satellites are headed to space

“After months of delays, the U.S. Air Force is about to launch the first of a new generation of GPS satellites, designed to be more accurate, secure and versatile. But some of their most highly touted features will not …

Supersonic Commercial Travel Begins To Take Shape At Lockheed Martin Skunk Works

“Lockheed Martin (NYSE: LMT) Skunk Works® began manufacturing the first part for the X-59 Quiet Supersonic Technology aircraft, marking a milestone to bring supersonic commercial travel over land one step closer to reality. “The start of manufacturing on the project …

Lockheed Martin-Built Advanced Extremely High Frequency Satellite Packed And Prepared To Join The Constellation

“The fourth Lockheed Martin (NYSE: LMT) built Advanced Extremely High Frequency (AEHF) protected communications satellite is one step closer to space. The AEHF-4 satellite was encapsulated into its payload fairing on September 26 in anticipation of its October 17 …

Lockheed Martin Contract To Marry Machine Learning With 3-D Printing For More Reliable Parts

“Today, 3-D printing generates parts used in ships, planes, vehicles and spacecraft, but it also requires a lot of babysitting. High-value and intricate parts sometimes require constant monitoring by expert specialists to get them right. Furthermore, if any one section …

Giant Satellite Fuel Tank Sets New Record For 3-d Printed Space Parts

“Lockheed Martin (NYSE: LMT) has embraced a 3-D printed titanium dome for satellite fuel tanks so big you can’t even put your arms around it. The 46-inch- (1.16-meter-) diameter vessel completed final rounds of quality testing this month …

NASA Selects Lockheed Martin Skunk Works to Build X-Plane

“Supersonic commercial travel is on the horizon. Today NASA awarded Lockheed Martin (NYSE: LMT) Skunk Works® a contract to design, build and flight test the Low-Boom Flight Demonstrator, an X-plane designed to make supersonic passenger air travel a reality. “It …

Lockheed Martin Completes First Flexible Solar Array for LM 2100 Satellite

“After years of development, Lockheed Martin completed the first flight build of its new Multi-mission Modular (MM) Solar Array. This new flexible array advances Lockheed Martin’s significant heritage flying flexible arrays on such programs as the International Space Station …