Lets Talk Finances

Provoking Discussion on Personal Finance and Investing

LMT - Lockheed Martin Corporation ()

Overview

Company Summary


Lockheed Martin Corporation (LMT) is a global aerospace, defense, security, and advanced technology company. Founded in 1995 through the merger of Lockheed Corporation and Martin Marietta, the company has a rich heritage in the defense industry and is one of the largest defense contractors in the world.

Lockheed Martin operates in multiple sectors and has diverse product offerings. They primarily focus on designing, manufacturing, and providing advanced technological systems, products, and services to customers in the defense, civil, and commercial sectors. Their expertise spans several areas, including aeronautics, space, missiles, rotary and mission systems, as well as advanced technologies.

In the aeronautics sector, Lockheed Martin develops and produces advanced military aircraft, such as the F-35 Lightning II, F-16 Fighting Falcon, and C-130 Hercules. These aircraft are designed for a variety of missions, including air superiority, strike, and transport.

The company's space sector involves the design, development, and delivery of spacecraft, satellites, and launch systems. Lockheed Martin is involved in various space exploration projects, scientific missions, and also provides communication and remote sensing capabilities.

In the missiles and fire control sector, Lockheed Martin designs and manufactures various ground, naval, and air-based missile systems, precision guided weapons, and fire control systems for defense purposes. These systems include anti-aircraft and anti-missile defense systems, surface-to-air and surface-to-surface missile systems, and tactical and strategic missile defense systems.

Lockheed Martin's rotary and mission systems division focuses on naval and maritime systems, including ship and submarine platforms, defense systems, and integrated combat systems. They also provide advanced technology solutions for command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR) capabilities.

Additionally, the company invests in research and development, innovative technologies, and cutting-edge solutions to stay at the forefront of advancing their products and services. They collaborate with various governmental and non-governmental organizations to ensure the security and advancement of national defense and create potential solutions for civil and commercial needs.

In summary, Lockheed Martin Corporation is a leading global aerospace and defense company that covers a wide spectrum of products and solutions, from advanced aircraft and space systems to missile defense and maritime technologies. Their work plays a crucial role in global security, technological advancements, and exploration.

Notes (see all)

News