Headquartered in Bethesda, MD, Lockheed Martin is a global security company that employs about 146,000 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 2008 sales of $42.7 billion. Lockheed Martin is led by Robert J. Stevens, Chairman, President and Chief Executive Officer. CUSTOMER BASE: As a global security 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 $11.5 billion in 2008 sales, includes tactical aircraft, airlift, and aeronautical research and development lines of business.
- Electronic Systems, with approximately $11.6 billion in 2008 sales, includes missiles and fire control, naval systems, platform integration, simulation and training and energy programs lines of business.
- Information Systems & Global Services (IS&GS), with approximately $11.6 billion in 2008 sales, includes C4I, federal services, government and commercial IT solutions.
- Space Systems, with approximately $8 billion in 2008 sales, includes space launch, commercial satellites, government satellites, and strategic missiles lines of business.
FINANCIAL PERFORMANCE: The Corporation reported 2008 sales of $42.7 billion, a backlog of $80.9 billion, and cash flow from operations of $4.4 billion. Based on 2007 sales.
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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 2008 Sales: $42.7 Billion Backlog: $80.9 billion Stock ticker symbol: LMT, on the New York Stock Exchange. Ranked 57th on the 2007 Fortune 500 list of largest industrial corporations Employees: 146,000 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 |