Lockheed Martin

Lockheed Martin
 	
Type 	Public company
Traded as 	NYSE: LMT
S&P 500 Component
Industry 	Aerospace, Defense, Information security
Founded 	1995
Headquarters 	Bethesda, Maryland, USA
Area served 	Worldwide
Key people 	Marillyn A. Hewson
(President & CEO)
Robert J. Stevens
(Executive Chairman)
Bruce L. Tanner
(Executive Vice President & CFO)
Ray O. Johnson
(Senior Vice President & CTO)
Products 	ATC systems
Ballistic missiles
Munitions
Missile defense elements
Transport aircraft
Fighter aircraft
Radar
Satellites
Atlas launch vehicles
Spacecraft
Revenue 	 $ 46.499 billion (FY 2011)[1]
Operating income	$ 3.980 billion (FY 2011)[1]
Profit 	$ 2.655 billion (FY 2011)[1]
Total assets 	$ 37.908 billion (FY 2011)[1]
Total equity 	$ 1.001 billion (FY 2011)[1]
Employees 	123,000 (December 2011)[1]
Website 	LockheedMartin.com
Lockheed Martin (NYSE: LMT) is an American global aerospace, defense, security, and advanced technology company with worldwide interests. It was formed by the merger of Lockheed Corporation with Martin Marietta in March 1995. It is headquartered in Bethesda, Maryland, in the Washington Metropolitan Area. Lockheed Martin employs 123,000 people worldwide. Marillyn Hewson is the current president and Chief Executive Officer.
Lockheed Martin is one of the world's largest defense contractors; In 2009, 74% of Lockheed Martin's revenues came from military sales.[2] It received 7.1% of the funds paid out by the Pentagon.[3]
Lockheed Martin operates in five business segments. These comprise Aeronautics, Information Systems & Global Solutions, Missile and Fire Control, Mission Systems and Training, and Space Systems. 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%).[4] In both 2009 and 2008 the company topped the list of US Federal Contractors.
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