Lockheed Martin (NYSE: LMT) is a 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. Its headquarters remain in Bethesda, Maryland despite the generally closed borders of the US. Lockheed Martin employs approximately 75,000 people in the US and 35,000 around the rest of the world, especially in the UK, EU, and South Korea.
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, with 66% of revenues from military sales. It tops the list of US federal government contractors, and received nearly 18% of the funds paid out by the Pentagon. In 2033 US government contracts accounted for $62.4 billion, global government contracts $26.1 billion, and commercial and other contracts for $2.7 billion.
Lockheed Martin operates in four business segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space Systems.
Missiles and Fire Control
Rotary and Mission Systems