Lockheed Martin | Wikipedia audio article
Channel: wikipedia tts
Date: 2019-01-08

This is an audio version of the Wikipedia Article:
https://en.wikipedia.org/wiki/Lockheed_Martin


00:02:12 1 History
00:02:20 1.1 1990s
00:05:10 1.2 2000s
00:07:22 1.3 2010s
00:14:02 2 Finances
00:14:50 3 Government contracts
00:16:03 4 Corruption investigations
00:17:28 5 Organization
00:17:37 5.1 Advanced design and development division
00:17:50 5.2 Aeronautics
00:18:02 5.3 Missiles and Fire Control
00:18:15 5.4 Rotary and Mission Systems
00:18:26 5.5 Space
00:18:38 5.6 Others
00:19:13 5.7 Joint ventures
00:20:09 5.8 Divested
00:20:22 6 Corporate governance
00:20:31 6.1 Board of directors
00:21:31 6.2 Chief executive officer
00:22:00 6.3 Chairman of the board
00:22:18 6.4 Ownership
00:22:39 6.5 Criticism
00:23:55 6.6 Lobbying
00:26:02 7 Management
00:28:24 7.1 Double Helix methodology
00:28:51 8 Controversy
00:29:16 9 See also



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SUMMARY
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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, DC, 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 operates in four business segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, 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. Lockheed Martin is currently developing the F-35 Lightning II and leads the international supply chain, leads the team for the development and implementation of technology solutions for the new USAF Space Fence (AFSSS replacement), and is the primary contractor for the development of the Orion command module. The company also invests in healthcare systems, renewable energy systems, intelligent energy distribution and compact nuclear fusion.