Who / What
Lockheed Martin Corporation is an American aerospace, defense, security, and technology company. It is a major manufacturer in the defense industry, specializing in advanced technology systems and products.
Background & History
The company was formed by the merger of the Lockheed Corporation with Martin Marietta on March 15, 1995. This merger created one of the largest defense contractors in the world. The company is headquartered in North Bethesda, Maryland, United States.
Why Notable
Lockheed Martin is notable as a leading global security and aerospace company. It plays a critical role in national defense through its development of advanced technology systems. The corporation's products and technologies have significant impact in defense, security, and space exploration domains.
In the News
As a major defense contractor, Lockheed Martin remains relevant in current discussions about national security and military technology. The company continues to be involved in developing next-generation defense systems. Its ongoing contracts and projects maintain its position in aerospace and defense news.