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Headquartered in Bethesda, MD, Lockheed Martin is a global security company that employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2007 sales of $41.9 billion.
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.
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.
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.
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Our Vision: Powered By Innovation, Guided By Integrity, We Help Our Customers Achieve Their Most Challenging Goals.
Our Values:
- Do What's Right
- Respect Others
- Perform With Excellence
Business Areas:
Aeronautics
Electronic Systems
Information Systems & Global Services
Space Systems
2007 Sales: $41.9 Billion
Backlog: $76.7 billion
Stock ticker symbol: LMT, on the New York Stock Exchange. Ranked 52nd on the 2006 Fortune 500 list of largest industrial corporations
Employees: 140,000 employees in the United States and internationally
Operations: 1,000 facilities in 500 cities and 46 states throughout the U.S.; Internationally, business locations in 75 nations and territories
Headquarters:
Lockheed Martin Corporation
6801 Rockledge Drive
Bethesda, MD 20817
U.S.A.
(301) 897-6000
Major Lockheed Martin Locations:
Location Map (PDF, 1 MB)
Lockheed Martin Overview:
PDF (1.5 MB) | Flash
2007 Lockheed Martin Annual Report:
PDF (1 MB) | Flash
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