Lockheed Martin Company Description
Lockheed Martin moves product in times of crisis -- the company is the world's #1 defense contractor (ahead of Boeing and Northrop Grumman). Its business segments include: Aeronautics, which includes the F-16 and F-22 fighters, and the upcoming F-35 Joint Strike Fighter (Lightning II); Electronic Systems, encompassing everything from missiles and submarine warfare systems to homeland security systems, radar, and postal automation systems; Space Systems, which includes satellites, strategic missiles, and airborne defense systems; and Information Systems & Global Services provides IT solutions, mission solutions, and command, control, and communication systems and reconnaissance/surveillance systems.
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The Company Description provides a historical perspective of Lockheed Martin's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Lockheed Martin's evolution in the marketplace.





