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General Information

Websitelockheedmartin.com
CategoryEnterprise
Employees
Founded3/95
DescriptionAeronautics

Offices

Former People

County Integrations
Image Acquisition Specialist

Acquisitions

Investments

Clear 8/08

Funding

Unattributed, 7/09
$23M

Tags

Lockheed Martin

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 their 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.

Milestones

  • Acquired Gyrocam Systems. (7/25/09)
    Posted 7/27/09 at 4:08pm
  • Received $23M in Unattributed funding. (7/6/09)
    Posted 7/6/09 at 10:29am
  • Acquired Universal Systems & Technology. (12/24/08)
    Posted 8/12/09 at 8:49pm
  • Invested in Clear. (8/19/08)
    Posted 8/19/08 at 8:46pm
  • Steve R Gibson, County Integrations added.
    Posted 2/2/09 at 10:16am
  • Andy Skelton, Image Acquisition Specialist added.
    Posted 7/1/09 at 1:23pm

Videos

Screenshots

Sources

  1. Lockheed Martin Agrees to Acquire Gyrocam Systems LLC (freshnews.com) [edit]
  2. Lockheed Martin Agrees To Acquire Universal Systems & Technology, Inc. (lockheedmartin.com) [edit]
  3. VentureBeat (venturebeat.com) [edit]
  4. Lockheed Martin Awarded $23 Million for Production of JASSM-Extended Range Test Missiles (freshnews.com) [edit]
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Last Edited 8/12/09

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