About Us
 Lockheed Martin Corporation, an advanced technology company, was formed in March 1995 with the merger of two of the world's premier technology companies, Lockheed Corporation and Martin Marietta Corporation.
Headquartered in Bethesda, Maryland, Lockheed Martin employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture and integration of advanced technology systems, products and services.
Lockheed Martin is led by Robert J. Stevens, Chairman, President and Chief Executive Officer.
CUSTOMER BASE: As a lead systems integrator and information technology company, the majority of Lockheed Martin's business is with the U.S. Department of Defense and the U.S. federal government agencies. In fact, Lockheed Martin is the largest provider of IT services, systems integration, and training to the U.S. Government. The remaining portion of Lockheed Martin's business is comprised of international government and some commercial sales of our products, services and platforms.
FINANCIAL PERFORMANCE: The Corporation reported 2007 sales of $41.9 billion, a backlog of $76.7 billion, and cash flow from operations of $4.2 billion.
ORGANIZATION: Lockheed Martin's operating units are organized into broad business areas.
- Aeronautics, with approximately $12.3 billion in 2007 sales, includes tactical aircraft, airlift, and aeronautical research and development lines of business.
- Space Systems, with approximately $8.2 billion in 2007 sales, includes space launch, commercial satellites, government satellites, and strategic missiles lines of business.
- Systems & IT Group, with approximately $21.4 billion in 2007 sales, will leverage our existing and emerging capabilities to address customers' growing needs for highly integrated systems and solutions. This includes missiles and fire control, naval systems, platform integration, C4I, federal services, energy programs, government and commercial IT and aeronautical/aerospace services lines of business.
The Corporation's New York Stock Exchange symbol is LMT and its web-address is www.lockheedmartin.com.
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