Difference between revisions of "Lockheed Martin"

From Marspedia
Jump to: navigation, search
(Created page with '{{For|the former companies|Lockheed Corporation|Martin Marietta}} {{Infobox company | company_name = Lockheed Martin<!-- infobox source: http://www.hoovers.com/lockheed-martin/…')
 
(replacing article with a link as per discussion)
Line 1: Line 1:
{{For|the former companies|Lockheed Corporation|Martin Marietta}}
+
An article about <nowiki>[[Lockheed Martin]]</nowiki> exists at [[http://en.wikipedia.org/wiki/Lockheed_Martin '''Wikipedia''']]
{{Infobox company
 
| company_name  = Lockheed Martin<!-- infobox source: http://www.hoovers.com/lockheed-martin/--ID__10903--/free-co-factsheet.xhtml -->
 
| company_logo  = [http://en.wikipedia.org/wiki/File:Lockheed Martin.svg|250px]
 
| company_type  = Public company
 
| traded_as      = {{nyse|LMT}}<br />[http://en.wikipedia.org/wiki/S&P 500|S&P 500 Component]
 
| company_slogan = "We never forget who we're working for"
 
| foundation    = 1995
 
| location      = [http://en.wikipedia.org/wiki/Bethesda, Maryland], USA
 
| area_served    = Worldwide
 
| key_people    = [http://en.wikipedia.org/wiki/Robert J. Stevens]<small><br>([http://en.wikipedia.org/wiki/Chair (official)|Chairman] & CEO)</small> <br>[http://en.wikipedia.org/wiki/Christopher E. Kubasik]<br> <small>([http://en.wikipedia.org/wiki/President#Presidents in business|President] & COO)</small> <br>Bruce L. Tanner<br> <small>([http://en.wikipedia.org/wiki/Vice-President#Vice presidents in business|Executive Vice President] & [http://en.wikipedia.org/wiki/Chief Financial Officer|CFO])</small> <br>[http://en.wikipedia.org/wiki/Ray O. Johnson]<br> <small>([http://en.wikipedia.org/wiki/Senior Vice President] & [http://en.wikipedia.org/wiki/Chief Technology Officer|CTO])</small>
 
| num_employees  = 123,000 (2011)
 
| industry      = [http://en.wikipedia.org/wiki/Aerospace engineering|Aerospace], [http://en.wikipedia.org/wiki/Defense (military)|Defense], [http://en.wikipedia.org/wiki/Information security] 
 
| revenue        = {{profit}} US$ 45.803&nbsp;billion (2010)
 
| operating_income = {{profit}} US$ 4.097&nbsp;billion (2010)
 
| net_income    = {{profit}} US$ 2.926&nbsp;billion (2010)
 
| assets        = {{profit}} US$ 35.067&nbsp;billion (2010)
 
| equity        = {{profit}} US$ 3.708&nbsp;billion (2010)
 
| products      = [http://en.wikipedia.org/wiki/Air traffic control|ATC systems] <br>[http://en.wikipedia.org/wiki/Ballistic missiles] <br>[http://en.wikipedia.org/wiki/Munitions] <br>[http://en.wikipedia.org/wiki/Missile Defense Agency|Missile defense elements] <br>[http://en.wikipedia.org/wiki/military transport aircraft|Transport aircraft] <br>[http://en.wikipedia.org/wiki/Fighter aircraft] <br>[http://en.wikipedia.org/wiki/Radar] <br>[http://en.wikipedia.org/wiki/Satellites] <br>[http://en.wikipedia.org/wiki/Atlas (rocket family)|Atlas launch vehicles] <br>[http://en.wikipedia.org/wiki/Spacecraft]
 
| homepage      = [http://www.lockheedmartin.com/ LockheedMartin.com]
 
|intl            = yes
 
}}
 
 
 
'''Lockheed Martin''' ({{nyse|LMT}}) is an American global [http://en.wikipedia.org/wiki/aerospace manufacturer|aerospace], [http://en.wikipedia.org/wiki/Defense (military)|defense], [http://en.wikipedia.org/wiki/Information security|security], and advanced technology company with worldwide interests. It was formed by the [http://en.wikipedia.org/wiki/Horizontal integration|merger] of [http://en.wikipedia.org/wiki/Lockheed Corporation] with [http://en.wikipedia.org/wiki/Martin Marietta] in March 1995. It is headquartered in [http://en.wikipedia.org/wiki/Bethesda, Maryland], in the [http://en.wikipedia.org/wiki/Washington Metropolitan Area]. Lockheed Martin employs 123,000 people worldwide. [http://en.wikipedia.org/wiki/Robert J. Stevens] is the current [http://en.wikipedia.org/wiki/Chair (official)|Chair]man and Chief Executive Officer.
 
 
 
Lockheed Martin is one of the world's largest<!--depending on year and definition of defense content--> [http://en.wikipedia.org/wiki/defense contractor]s; In 2009, 74% of Lockheed Martin's revenues came from military sales.<ref name="SIPRItable">Jackson, Susan T. et al [http://www.sipri.org/research/armaments/production/Top100 The SIPRI Top 100 arms-producing companies, 2009 (short)] ''[http://en.wikipedia.org/wiki/Stockholm International Peace Research Institute]'', 2009. Retrieved: June 13, 2010. Quote: "Arms sales are defined by SIPRI as sales of military goods and services to military customers, including both domestic and export sales. Military goods and services are those which are designed specifically for military purposes"</ref> It received 7.1% of the funds paid out by the Pentagon.<ref name=MoJo>[http://en.wikipedia.org/wiki/William Hartung|Hartung, William] (2011-01-12) [http://motherjones.com/politics/2011/01/lockheed-martin-shadowing-you "Is Lockheed Martin Shadowing You?"]. ''[http://en.wikipedia.org/wiki/Mother Jones (magazine)|Mother Jones]''</ref>
 
 
 
Lockheed Martin operates in four business segments. These comprise, with respective percentages of 2009 total net sales of $45.2&nbsp;billion, Aeronautics (27%), Electronic Systems (27%), Information Systems & Global Solutions (27%), and Space Systems (19%). In 2009 US Government contracts accounted for $38.4&nbsp;billion (85%), foreign government contracts $5.8&nbsp;billion (13%), and commercial and other contracts $0.9&nbsp;billion (2%).<ref>{{cite web |url= http://www.lockheedmartin.com/content/dam/lockheed/data/corporate/documents/2009-Annual-report.pdf |title= 2009 Annual Report |publisher=LockheedMartin.com |accessdate=January 4, 2011}}</ref> In both 2009 and 2008 the company topped the [http://en.wikipedia.org/wiki/Top 100 US Federal Contractors|list of US Federal Contractors].
 
 
 
The company has received the [http://en.wikipedia.org/wiki/Collier Trophy] six times. Most recently (in 2001) for being part of developing the [http://en.wikipedia.org/wiki/X-35]/[http://en.wikipedia.org/wiki/F-35 Lightning II|F-35B] [http://en.wikipedia.org/wiki/LiftFan] Propulsion System,<ref name="LMCollier">[http://www.lockheedmartin.com/us/news/press-releases/2003/february/PropulsionSystemInLockheedMartinJoi.html Propulsion System in Lockheed Martin Joint Strike Fighter wins Collier Trophy] Lockheed Martin press release, February 28, 2003. Retrieved: January 2010</ref><ref name="LiftFanPatent2">[http://www.freepatentsonline.com/5209428.pdf "Propulsion system for a vertical and short takeoff and landing aircraft"], 1990 United States Patent 5209428 (PDF of original)</ref><ref name="Collier">[http://www.aerofiles.com/collier-trophy.html Collier Trophy; list of winners.] Retrieved January 2010</ref> and again in 2006 for leading the team that developed the [http://en.wikipedia.org/wiki/F-22 Raptor] fighter jet.
 
 
 
==History==
 
 
 
Merger talks between [http://en.wikipedia.org/wiki/Lockheed Corporation] and [http://en.wikipedia.org/wiki/Martin Marietta] began in March 1994, with the companies announcing their $10&nbsp;billion planned merger on August 30, 1994.<ref>{{cite news |first=Floyd |last=Norris|title=A 'merger of equals,' with Martin Marietta the most equal |work=The New York Times |date=August 31, 1994 |accessdate=May 3, 2008 }}</ref> The deal was finalized on March 15, 1995 when the two companies' shareholders approved the merger.<ref>{{cite news|title=Martin Marietta-Lockheed merger is approved|work=The New York Times|date=March 16, 1995 |accessdate=May 3, 2008 }}</ref> The segments of the two companies not retained by the new company formed the basis for the present [http://en.wikipedia.org/wiki/L-3 Communications], a mid-size defense contractor in its own right. Lockheed Martin later spun off the materials company [http://en.wikipedia.org/wiki/Martin Marietta Materials].
 
 
 
Both companies contributed important products to the new portfolio. Lockheed products included the [http://en.wikipedia.org/wiki/Trident missile], [http://en.wikipedia.org/wiki/P-3 Orion], [http://en.wikipedia.org/wiki/General Dynamics F-16 Fighting Falcon|F-16 Fighting Falcon], [http://en.wikipedia.org/wiki/F-22 Raptor], [http://en.wikipedia.org/wiki/C-130 Hercules], [http://en.wikipedia.org/wiki/A-4AR Fightinghawk] and the DSCS-3 satellite. Martin Marietta products included [http://en.wikipedia.org/wiki/Titan (rocket family)|Titan rockets], [http://en.wikipedia.org/wiki/Sandia National Laboratories] (management contract acquired in 1993), [http://en.wikipedia.org/wiki/Space Shuttle external tank|Space Shuttle External Tank], [http://en.wikipedia.org/wiki/Viking 1] and [http://en.wikipedia.org/wiki/Viking 2] landers, the Transfer Orbit Stage (under subcontract to [http://en.wikipedia.org/wiki/Orbital Sciences Corporation]) and various satellite models.
 
 
 
On April 22, 1996, Lockheed Martin completed the acquisition of [http://en.wikipedia.org/wiki/Loral Corporation]'s defense electronics and system integration businesses for $9.1&nbsp;billion, the deal having been announced in January. The remainder of Loral became [http://en.wikipedia.org/wiki/Loral Space & Communications].<ref>{{cite news |first=John |last=Mintz |title=Lockheed-Martin Loral Merger May Mean a Loss of Business; McDonnell Douglas Threatens to Cancel Billions in Contracts|work=The Washington Post |date=April 23, 1996 |accessdate=May 3, 2008 }}</ref>
 
 
 
Lockheed Martin abandoned plans for a $8.3&nbsp;billion merger with [http://en.wikipedia.org/wiki/Northrop Grumman] on July 16, 1998, due to government concerns over the potential strength of the new group; Lockheed/Northrop would have had control of 25% of the Department of Defense's procurement budget.<ref>{{cite news |first=Leslie |last=Wayne|title=Lockheed cancels Northrop merger, citing U.S. stand |work=The New York Times |date=July 17, 1998 |accessdate=May 3, 2008 }}</ref>
 
 
 
Lockheed Martin provided NASA with measurements in [http://en.wikipedia.org/wiki/United States customary units|US Customary force units] when metric was expected, resulting in the loss of the [http://en.wikipedia.org/wiki/Mars Climate Orbiter] at a cost of $125&nbsp;million.<ref>{{cite news |url=http://www.cnn.com/TECH/space/9909/30/mars.metric.02/ |title=Metric mishap caused loss of NASA orbiter |publisher=CNN |date=September 30, 1999 }}</ref><ref>{{cite news |url=http://findarticles.com/p/articles/mi_m1200/is_15_156/ai_57155808/ |title=Math error equals loss of Mars orbiter |publisher=Science News |date=October 9, 1999 }}</ref>  The cost for spacecraft development was $193.1&nbsp;million.<ref>[http://www.aviationearth.com/the-lockheed-martin-corporation/ The Lockheed Martin Corporation | Aviation Articles<!-- Bot generated title -->]</ref>
 
[http://en.wikipedia.org/wiki/File:Lockheed Martin headquarters.jpg|thumb|left|A Lockheed Martin building in Bethesda, Maryland]
 
 
 
In May 2001, Lockheed Martin sold [http://en.wikipedia.org/wiki/BAE Systems Platform Solutions|Lockheed Martin Control Systems] to [http://en.wikipedia.org/wiki/BAE Systems]. On November 27, 2000, Lockheed completed the sale of its [http://en.wikipedia.org/wiki/Lockheed Martin Aerospace Electronic Systems|Aerospace Electronic Systems] business to BAE Systems for $1.67&nbsp;billion, a deal announced in July 2000. This group encompassed [http://en.wikipedia.org/wiki/Sanders Associates], [http://en.wikipedia.org/wiki/Fairchild Systems], and Lockheed Martin Space Electronics & Communications.<ref>{{cite news |title=Contract for BAE|work=The Times |publisher=Times Newspapers |date=November 28, 2000 |accessdate=May 3, 2008 }}</ref><ref>{{cite news |first=Carl|last=Parreault|title=British aerospace firm buys Sanders |work=The Union Leader|date=July 14, 2004 |accessdate=May 3, 2008 }}</ref>
 
 
 
In 2001, Lockheed Martin won the contract to build the [http://en.wikipedia.org/wiki/F-35 Lightning II]; this was the largest fighter aircraft procurement project since the F-16, with an initial order of 3,000 worth some $200&nbsp;billion before export orders.
 
 
 
In 2001, Lockheed Martin settled a nine year investigation conducted by NASA's Office of Inspector General with the assistance of the Defense Contract Audit Agency. The company paid the United States government $7.1&nbsp;million based on allegations that its predecessor, Lockheed Engineering Science Corporation, submitted false lease costs claims to NASA.<ref>[http://www.usdoj.gov/tax/usaopress/2003/txdv03030610-lockheed.htm LOCKHEED MARTIN PAYS NASA $7.1 MILLION SETTLEMENT]. U.S. Department of Justice, United States Attorney Press Rlease, July 10, 2003.</ref>
 
 
 
On May 12, 2006, ''[http://en.wikipedia.org/wiki/The Washington Post]'' reported that when Robert Stevens took control of Lockheed Martin in 2004, he faced the dilemma that within 10 years 100,000 of the about 130,000 Lockheed Martin employees – more than three-quarters – would be retiring.<ref>Dutt, Jill. [http://www.washingtonpost.com/wp-dyn/content/article/2006/04/29/AR2006042901732.html "Taking an Engineer's Approach at Lockheed Martin."] Washington Post, May 1, 2006.</ref>
 
 
 
On August 31, 2006, Lockheed Martin won a $3.9&nbsp;billion contract from NASA to design and build the CEV capsule, also known as [http://en.wikipedia.org/wiki/Orion (Constellation program)|''Orion''] – the next [http://en.wikipedia.org/wiki/spacecraft] for [http://en.wikipedia.org/wiki/human spaceflight|human flight] – for the Ares I rocket in the Constellation Program.{{update after|2011|1|5}}
 
 
 
On August 13, 2008, Lockheed Martin acquired the government business unit of Nantero, Inc., a company that had developed methods and processes for incorporating [http://en.wikipedia.org/wiki/carbon nanotubes] in next-generation electronic devices.<ref name="Lockheed Martin Acquires Nantero">{{cite news|url=http://news.taume.com/World-Business/Business-Finance/Lockheed-Martin-Acquires-Nantero_-Inc__s-Government-Business-Unit-6439 |title= Lockheed Martin Acquires Nantero, Inc.'s Government Business Unit |date= August 14, 2008 |publisher=Taume News |accessdate=August 14, 2008}}</ref>  In 2009, Lockheed Martin bought Unitech.{{Citation needed|date=July 2011}}
 
 
 
On November 18, 2010, Lockheed Martin announced that it would be closing its Eagan, MN location by 2013 in order to drive down costs and optimize capacity at their locations nationwide.<ref>Hult, Karla. [http://www.kare11.com/news/news_article.aspx?storyid=883055&catid=14 "Lockheed Martin to Close Eagan Plant, Shed 1,000 Jobs."] Kare 11 News, November 19, 2010.</ref>
 
 
 
In January 2011, Lockheed Martin agreed to pay the US Government $2&nbsp;million to settle allegations that the company submitted false claims on a U.S. government contract for that amount. The allegations came from a contract with the Naval Oceanographic Office Major Shared Resource Center in Mississippi.<ref>''[http://en.wikipedia.org/wiki/Washington Post]'', "Lockheed To Pay $2&nbsp;million To Settle Lawsuit", January 25, 2011, p. 14.</ref>
 
 
 
On May 28, 2011 it was reported that a cyber-attack using [http://en.wikipedia.org/wiki/SecureID#March 2011 system compromise|previously stolen EMC files] had broken through to sensitive materials at the contractor.<ref>{{cite news| url=http://www.foxnews.com/scitech/2011/05/28/lockheed-network-suffers-security-breach/?test=latestnews | work=Fox News | title=Lockheed Martin Hit by Unspecified Cyber Incident | date=May 28, 2011}}</ref>
 
It is unclear if the Lockheed incident is the specific prompt whereby on June 1, 2011, the new United States military strategy, makes explicit that a cyberattack is ''[http://en.wikipedia.org/wiki/casus belli]'' for a traditional act of war.<ref>[http://www.nytimes.com/2011/06/01/us/politics/01cyber.html New York Times: Pentagon to Consider Cyberattacks Acts of War]</ref>
 
 
 
==Organization==
 
===Aeronautics===
 
[http://en.wikipedia.org/wiki/File:Lockheed C-130 Hercules.jpg|thumb|[http://en.wikipedia.org/wiki/C-130 Hercules]; in production since the 1950s, now as the C-130J]
 
[http://en.wikipedia.org/wiki/File:CF-1 flight test.jpg|thumb|Naval variant of the [http://en.wikipedia.org/wiki/Lockheed Martin F-35 Lightning II]]
 
[http://en.wikipedia.org/wiki/File:Trident II missile image.jpg|thumb|Submarine launch of a Lockheed Trident missile]
 
 
 
*[http://en.wikipedia.org/wiki/Lockheed Martin Aeronautics]
 
 
 
===Electronic Systems===
 
*[http://en.wikipedia.org/wiki/Lockheed Martin Canada]
 
*[http://en.wikipedia.org/wiki/Lockheed Martin Australia]
 
*[http://en.wikipedia.org/wiki/Lockheed Martin Mission Systems and Sensors]
 
*[http://en.wikipedia.org/wiki/Lockheed Martin Missiles and Fire Control]
 
*[http://en.wikipedia.org/wiki/Lockheed Martin Global Training and Logistics]
 
*[http://en.wikipedia.org/wiki/Lockheed Martin Advanced Technology Laboratories]
 
*[http://en.wikipedia.org/wiki/Sandia National Laboratories|Sandia Corporation]
 
 
 
===Information Systems and Global Solutions===
 
*Lockheed Martin IS&GS-Civil
 
*Lockheed Martin IS&GS-Defense
 
*Lockheed Martin IS&GS-National
 
**Lockheed Martin Orincon
 
**Lockheed Martin STASYS
 
*Lockheed Martin Technology Ventures
 
 
 
===Space===
 
*[http://en.wikipedia.org/wiki/Lockheed Martin Space Systems]
 
 
 
===Others===
 
*[http://en.wikipedia.org/wiki/LMC Properties]
 
*[http://en.wikipedia.org/wiki/Lockheed Martin Aircraft Argentina] SA (formerly ''Fabrica Militar de Aviones'')
 
*[http://en.wikipedia.org/wiki/Lockheed Martin Enterprise Business Services]
 
*[http://en.wikipedia.org/wiki/Lockheed Martin Finance Corporation]
 
*[http://en.wikipedia.org/wiki/Lockheed Martin U.K.]
 
*[http://en.wikipedia.org/wiki/Pacific Architects & Engineers] – LockMart owned company
 
 
 
===Joint ventures===
 
*[http://en.wikipedia.org/wiki/International Launch Services] (with [http://en.wikipedia.org/wiki/Khrunichev], [http://en.wikipedia.org/wiki/RSC Energia])
 
*[http://en.wikipedia.org/wiki/Lockheed Martin Alenia Tactical Transport Systems] (with [http://en.wikipedia.org/wiki/Alenia Aeronautica|Finmeccanica-Alenia], now folded)
 
*[http://en.wikipedia.org/wiki/MEADS|MEADS International] (with [http://en.wikipedia.org/wiki/EADS] and [http://en.wikipedia.org/wiki/MBDA])
 
*[http://en.wikipedia.org/wiki/Space Imaging] (46%, remainder public)
 
*[http://en.wikipedia.org/wiki/United Launch Alliance] (with [http://en.wikipedia.org/wiki/Boeing])
 
*[http://en.wikipedia.org/wiki/United Space Alliance] (with Boeing)
 
*[http://en.wikipedia.org/wiki/Kelly Aviation Center] (with [http://en.wikipedia.org/wiki/GE] and [http://en.wikipedia.org/wiki/Rolls-Royce plc|Rolls-Royce])
 
*[http://en.wikipedia.org/wiki/Protector USV] – an unmanned surface vehicle with [http://en.wikipedia.org/wiki/Rafael Advanced Defense Systems] and [http://en.wikipedia.org/wiki/BAE Systems]
 
*[http://en.wikipedia.org/wiki/Defense Support Services] (DS2) (with [http://en.wikipedia.org/wiki/Day & Zimmermann]) [http://www.ds2.com/ official site]
 
*Lockheed Martin Jv (with Indian company [http://en.wikipedia.org/wiki/Tata Advanced Systems Limited])
 
 
 
==Government contracts==
 
Lockheed Martin is active in many aspects of government contracting. It "received $36&nbsp;billion in government contracts in 2008 alone, more than any company in history. It now does work for more than two dozen government agencies from the [http://en.wikipedia.org/wiki/United States Department of Defense|Department of Defense] and the [http://en.wikipedia.org/wiki/United States Department of Energy|Department of Energy] to the [http://en.wikipedia.org/wiki/United States Department of Agriculture|Department of Agriculture] and the [http://en.wikipedia.org/wiki/Environmental Protection Agency]. It's involved in surveillance and information processing for the [http://en.wikipedia.org/wiki/CIA], the [http://en.wikipedia.org/wiki/FBI], the [http://en.wikipedia.org/wiki/Internal Revenue Service] (IRS), the [http://en.wikipedia.org/wiki/National Security Agency] (NSA), the [http://en.wikipedia.org/wiki/Pentagon (building)|Pentagon], the [http://en.wikipedia.org/wiki/United States Census Bureau|Census Bureau] and the [http://en.wikipedia.org/wiki/United States Postal Service|Postal Service]."<ref name=MoJo/>
 
 
 
==Corporate governance==
 
Current members of the board of directors of Lockheed Martin are: [http://en.wikipedia.org/wiki/Edward Aldridge], Nolan Archibald, Marcus Bennett, [http://en.wikipedia.org/wiki/James O. Ellis], [http://en.wikipedia.org/wiki/Gwendolyn King], [http://en.wikipedia.org/wiki/James Loy], Douglas McCorkindale, Eugene Murphy, [http://en.wikipedia.org/wiki/Joseph Ralston], Frank Savage, Anne Stevens, [http://en.wikipedia.org/wiki/Robert J. Stevens], James Ukropina and Douglas Yearley.
 
 
 
Lockheed "ranks number one on the 'contractor misconduct' database maintained by the [http://en.wikipedia.org/wiki/Project on Government Oversight], a Washington-DC-based watchdog group."<ref name=MoJo/> Since 1995, the company has agreed to pay $577&nbsp;million to settle fifty-four instances of misconduct.<ref>{{cite web |url=http://www.contractormisconduct.org/ |title=Federal Contractor Misconduct Database |publisher=[http://en.wikipedia.org/wiki/Project on Government Oversight] |accessdate=January 5, 2011}}</ref>
 
 
 
==Lobbying==
 
The company's 2010 lobbying expenditure by the third quarter was $9.9&nbsp;million (2009 total: $13.7&nbsp;million).<ref>{{cite web |url=http://www.opensecrets.org/lobby/clientsum.php?year=2010&lname=Lockheed+Martin&id= |title=Lockheed Martin Lobbying Expenditure |publisher=[http://en.wikipedia.org/wiki/Center for Responsive Politics] |accessdate=January 5, 2011}}</ref><ref>{{cite web |url=http://soprweb.senate.gov/index.cfm?event=chooseFields |title=Lobbying Disclosure Act Database |publisher=United States Senate |accessdate=January 5, 2011}}</ref>
 
 
 
Through its political action committee, the company provides low levels of financial support to candidates who advocate national defense and relevant business issues.<ref>{{cite web |url=http://www.lockheedmartin.com/investor/corporate_governance/PoliticalDisclosures.html |title=Political Disclosures |publisher=LockheedMartin.com |accessdate=January 4, 2011}}</ref> It is "the top contributor to the incoming [http://en.wikipedia.org/wiki/House Armed Services Committee] chairman, [http://en.wikipedia.org/wiki/Republican Party (United States)|Republican] [http://en.wikipedia.org/wiki/Buck McKeon|Howard P. 'Buck' McKeon] of California, giving more than $50,000 in the most recent election cycle. It also tops the list of donors to Sen. [http://en.wikipedia.org/wiki/Daniel Inouye] (D-HI), the powerful chair of the [http://en.wikipedia.org/wiki/Senate Appropriations Committee], and the self-described '#1 [http://en.wikipedia.org/wiki/earmarks] guy in the [http://en.wikipedia.org/wiki/US Congress].'"<ref name=MoJo/>
 
 
 
Lockheed Martin Employees Political Action Committee is one of the 50 most generous PACs in the country, according to FEC data. With contributions from 3,000 employees, it donates $500,000 a year to about 260 House and Senate candidates. For the 2004 election cycle, Lockheed's PAC has already contributed $350,279 to federal candidates, with about 62 percent going to Republicans, according to the Center for Responsive Politics. That compares with $515,000 from General Dynamics' political action committee and $122,850 from BAE Systems North America, the center's data showed.<ref>[http://www.corpwatch.org/article.php?id=7838 Lockheed Martin Employees PAC article]</ref>
 
 
 
==See also==
 
{{Portal|Aviation}}
 
* [http://en.wikipedia.org/wiki/Defense contractor] – table of comparable companies
 
* [http://en.wikipedia.org/wiki/Maintenance Trophy|Lockheed Martin Maintenance Trophy]
 
* [http://en.wikipedia.org/wiki/Top 100 US Federal Contractors] – $38.5&nbsp;billion in FY09
 
 
 
==References==
 
{{Reflist|2}}
 
 
 
==Further reading==
 
* [http://en.wikipedia.org/wiki/William D. Hartung]. ''Prophets of War: Lockheed Martin and the Making of the Military-Industrial Complex''. [http://en.wikipedia.org/wiki/Nation Books], 2010. ISBN 9781568584201.
 
 
 
==External links==
 
* [http://www.lockheedmartin.com/ Lockheed Martin site]
 
* [http://www.prepar3d.com/ Prepar3D(R): Visual flight simulation software development kit for computers]
 
* [http://www.time.com/time/nation/article/0,8599,1589735,00.html "A Security Analyst Wins Big in Court"]. Time magazine
 
* [http://www.disinfopedia.org/wiki.phtml?title=Lockheed_Martin Lockheed Martin page]. [http://en.wikipedia.org/wiki/Center for Media and Democracy]
 
* [http://www.washingtonpost.com/wp-dyn/content/article/2006/08/31/AR2006083101067.html "Lockheed Wins Contract to Build NASA's New Spaceship"]. Washington Post
 
* {{cite web |title=Patents owned by Lockheed Martin |work=US Patent & Trademark Office |url=http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&u=%2Fnetahtml%2Fsearch-adv.htm&r=0&p=1&f=S&l=50&Query=an%2F%22Lockheed+Martin%22&d=ptxt |accessdate=December 5, 2005}}
 
* [http://blogs.abcnews.com/theblotter/2007/02/jury_slaps_defe.html "Jury Slaps Defense Giant for Neglecting National Security"]. ''ABC News''
 
* [http://www.cbsnews.com/stories/2007/04/13/ap/tech/main2683290.shtml "NASA: Mars Surveyor Was Doomed By Humans"]. CBS News
 
* [http://news.bbc.co.uk/2/hi/americas/791747.stm "Lockheed Fined Over Secrets Breach"]. BBC News
 
* [http://www.washingtonpost.com/wp-dyn/content/article/2007/02/07/AR2007020702334.html "Coast Guard Failed to Properly Oversee Contracts, Officials Say"]. Washington Post
 
* [http://marietta.11alive.com/news/news/93633-ceremonial-event-planned-final-f-22-raptor-tuesday Ceremonial event planned for final F-22 Raptor]
 
 
 
{{Lockheed Martin}}
 
{{Lockheed aircraft}}
 
{{Aviation lists}}
 
{{Use mdy dates|date=July 2011}}
 
 
 
[http://en.wikipedia.org/wiki/Category:Aerospace companies of the United States]
 
[http://en.wikipedia.org/wiki/Category:Companies based in Bethesda, Maryland]
 
[http://en.wikipedia.org/wiki/Category:Companies listed on the New York Stock Exchange]
 
[http://en.wikipedia.org/wiki/Category:Defense companies of the United States]
 
[http://en.wikipedia.org/wiki/Category:Lockheed Martin| ]
 
[http://en.wikipedia.org/wiki/Category:Aircraft manufacturers of the United States]
 
[http://en.wikipedia.org/wiki/Category:Companies established in 1995]
 
[http://en.wikipedia.org/wiki/Category:1995 establishments in the United States]
 
 
 
[http://en.wikipedia.org/wiki/ar:?????? ?????]
 
[http://en.wikipedia.org/wiki/be-x-old:Lockheed Martin]
 
[http://en.wikipedia.org/wiki/bs:Lockheed Martin]
 
[http://en.wikipedia.org/wiki/cs:Lockheed Martin]
 
[http://en.wikipedia.org/wiki/da:Lockheed Martin]
 
[http://en.wikipedia.org/wiki/de:Lockheed Martin]
 
[http://en.wikipedia.org/wiki/es:Lockheed Martin]
 
[http://en.wikipedia.org/wiki/eu:Lockheed Martin]
 
[http://en.wikipedia.org/wiki/fa:?????? ??????]
 
[http://en.wikipedia.org/wiki/fr:Lockheed Martin]
 
[http://en.wikipedia.org/wiki/fy:Lockheed Martin]
 
[http://en.wikipedia.org/wiki/ko:??? ??]
 
[http://en.wikipedia.org/wiki/id:Lockheed Martin]
 
[http://en.wikipedia.org/wiki/it:Lockheed Martin]
 
[http://en.wikipedia.org/wiki/he:?????? ?????]
 
[http://en.wikipedia.org/wiki/lv:Lockheed Martin]
 
[http://en.wikipedia.org/wiki/lb:Lockheed Martin]
 
[http://en.wikipedia.org/wiki/lt:Lockheed Martin]
 
[http://en.wikipedia.org/wiki/ms:Lockheed Martin]
 
[http://en.wikipedia.org/wiki/nl:Lockheed Martin]
 
[http://en.wikipedia.org/wiki/ja:?????·?????]
 
[http://en.wikipedia.org/wiki/no:Lockheed Martin]
 
[http://en.wikipedia.org/wiki/nn:Lockheed-Martin]
 
[http://en.wikipedia.org/wiki/pl:Lockheed Martin]
 
[http://en.wikipedia.org/wiki/pt:Lockheed Martin]
 
[http://en.wikipedia.org/wiki/ro:Lockheed Martin]
 
[http://en.wikipedia.org/wiki/ru:Lockheed Martin]
 
[http://en.wikipedia.org/wiki/sk:Lockheed Martin]
 
[http://en.wikipedia.org/wiki/sr:????? ??????]
 
[http://en.wikipedia.org/wiki/fi:Lockheed Martin]
 
[http://en.wikipedia.org/wiki/sv:Lockheed Martin]
 
[http://en.wikipedia.org/wiki/tr:Lockheed Martin]
 
[http://en.wikipedia.org/wiki/uk:Lockheed Martin]
 
[http://en.wikipedia.org/wiki/vi:Lockheed Martin]
 
[http://en.wikipedia.org/wiki/zh:????·??]
 

Revision as of 19:03, 2 June 2012

An article about [[Lockheed Martin]] exists at [Wikipedia]