Lockheed Martin Aeronautics

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Lockheed Martin Aeronautics
Industry
Predecessors Lockheed Corporation
Martin Marietta
Founded 1995
Headquarters Fort Worth, Texas[1]
Key people
Marillyn A. Hewson
(Chairman, President & CEO)
Bruce L. Tanner
(Executive Vice President and Chief Financial Officer)
Revenue $17.769 billion (2016[2])
$1.877 billion (2016[2])
Number of employees
25,000[3] (2017)
Website www.lockheedmartin.com/us/aeronautics.html

Lockheed Martin Aeronautics Company is a major unit of Lockheed Martin with headquarters at Air Force Plant 4 in Fort Worth, Texas.

Lockheed Martin Aeronautics is also based in Marietta, Georgia and Palmdale, California. Palmdale is home to the Advanced Development Programs (ADP), informally known as the "Skunk Works". Various subassemblies are produced at locations in Florida, Mississippi, Pennsylvania, and West Virginia.

The company draws upon the history of the former Lockheed and Martin Marietta corporations. While the formation of Lockheed Martin in 1995 was a merger of equals, by far the greatest contribution to Lockheed Martin Aeronautics was the product portfolio of Lockheed. This included the C-5, C-130, and C-141 transports as well as the F-2, F-16 (purchased from General Dynamics), F-117, F-22, and F-35 Lightning II.

The most important project by far to Lockheed Martin Aeronautics is the F-35 Lightning II (JSF). Worth a potential $200bn the initial order book is approximately 3,000 excluding almost guaranteed export orders. The F-22 air dominance fighter, while smaller in terms of aircraft ordered, is still of great importance to Lockheed Martin (and partner Boeing).

Products

Gallery

See also

References

  1. ^ "Who We Are". Lockheed Martin. Retrieved 23 July 2017. 
  2. ^ a b "2016 Annual Report Lockheed Martin Corporation" (PDF). 2016: 1–130. Retrieved 23 July 2017. 
  3. ^ "About Aeronautics". Lockheed Martin. Retrieved 23 July 2017. 

External links

  • Lockheed Martin Aeronautics home page
  • Yahoo Finance: Profile
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