 | |
| Company type | Division of General Electric |
|---|---|
| Industry | Aerospace, military |
| Defunct | 1993 |
| Fate | Sold to Martin Marietta |
Number of employees | 37,500 (1991) |
GE Aerospace was a business group of General Electric.
GE Aerospace made electronics and systems for the military and aerospace industries, like radar, secure communications equipment and military and commercial satellites. The majority of the group's business was in government and military applications.
During the late 1960s, GE Aerospace personnel developed the first realtime image generator. [1]
In 1991, the group had approximately 37,500 employees, most of whom were located in Florida and the New England and Middle Atlantic regions. The Delaware Valley alone accounted for roughly 17,600 employees. [2]
In 1993, the group was sold to Martin Marietta for over three billion dollars (U.S.), nearly doubling that company's revenue. [3]
In 1995, Martin Marietta merged with Lockheed to form Lockheed Martin. [4]
In 2010, the large Systems Integration ("The SI") division from GE Aerospace, with roots tracing back to the Apollo Program, was spun off to form The SI Organization Inc. [5]
The Lockheed Corporation was an American aerospace manufacturer. Lockheed was founded in 1926 and merged in 1995 with Martin Marietta to form Lockheed Martin. Its founder, Allan Lockheed, had earlier founded the similarly named but otherwise-unrelated Loughead Aircraft Manufacturing Company, which was operational from 1912 to 1920.
The Lockheed Martin Corporation is an American aerospace, arms, defense, information security, and technology corporation with worldwide interests. It was formed by the merger of Lockheed Corporation with Martin Marietta in March 1995. It is headquartered in North Bethesda, Maryland, in the Washington, D.C. area. As of January 2022, Lockheed Martin employs approximately 115,000 employees worldwide, including about 60,000 engineers and scientists.
An aerospace manufacturer is a company or individual involved in the various aspects of designing, building, testing, selling, and maintaining aircraft, aircraft parts, missiles, rockets, or spacecraft. Aerospace is a high technology industry.
McDonnell Douglas Corporation was a major American aerospace manufacturing corporation and defense contractor, formed by the merger of McDonnell Aircraft and the Douglas Aircraft Company in 1967. Between then and its own merger with Boeing in 1997, it produced well-known commercial and military aircraft, such as the DC-10 and the MD-80 airliners, the F-15 Eagle air superiority fighter, and the F/A-18 Hornet multirole fighter.
The Glenn L. Martin Company, also known as The Martin Company from 1917 to 1961, was an American aircraft and aerospace manufacturing company founded by aviation pioneer Glenn L. Martin. The Martin Company produced many important aircraft for the defense of the US and allies, especially during World War II and the Cold War. During the 1950s and '60s, the Martin Company moved from the aircraft industry into the guided missile, space exploration, and space utilization industries.
Northrop Grumman Corporation is an American multinational aerospace and defense technology company. With 95,000 employees and an annual revenue in excess of $30 billion, it is one of the world's largest weapons manufacturers and military technology providers. The firm ranked No. 101 on the 2022 Fortune 500 list of America's largest corporations.
L3 Technologies, formerly L-3 Communications Holdings, was an American company that supplied command and control, communications, intelligence, surveillance and reconnaissance (C3ISR) systems and products, avionics, ocean products, training devices and services, instrumentation, aerospace, and navigation products. Its customers included the Department of Defense, Department of Homeland Security, United States Intelligence Community, NASA, aerospace contractors, and commercial telecommunications and wireless customers. In 2019, it merged with Harris Corporation to form L3Harris Technologies.
Loral Corporation was a defense contractor founded in 1948 in New York by William Lorenz and Leon Alpert as Loral Electronics Corporation. The company's name was taken from the first letters of each founder's surname.
The Martin Marietta Corporation was an American company founded in 1961 through the merger of Glenn L. Martin Company and American-Marietta Corporation. In 1995, it merged with Lockheed Corporation to form Lockheed Martin.
Alenia Aeronautica was an Italian aerospace company. Its subsidiaries included Alenia Aermacchi and Alenia Aeronavali.
United Technologies Corporation (UTC) was an American multinational conglomerate headquartered in Farmington, Connecticut. It researched, developed, and manufactured products in numerous areas, including aircraft engines, aerospace systems, HVAC, elevators and escalators, fire and security, building automation, and industrial products, among others. UTC was also a large military contractor, getting about 10% of its revenue from the U.S. government. In April 2020, UTC merged with the Raytheon Company to form Raytheon Technologies, later renamed RTX Corporation.
Daniel Michael Tellep was an American aerospace businessman. He died on November 26, 2020. He served as CEO and chairman of the board of the Lockheed Corporation from 1989 to 1995 and CEO of Lockheed Martin Corporation in 1996. Mr. Tellep joined Lockheed in 1955 and served as President of Lockheed Missiles & Space Company Inc., a wholly owned subsidiary of Lockheed, from 1984 to 1988. He served as group president-missiles and space systems from 1986 to 1988. Mr. Tellep served as chairman of the board of Lockheed Martin Corporation until 1996. Mr. Tellep served as Director of Wells Fargo Bank National Association of WFC Holdings Corporation and has been its Director since 1996. He served as Director of First Interstate Bancorp since 1991. He served as a Director of Edison International, Scecorp and Southern California Edison Company, a subsidiary of Edison International since 1992. Mr. Tellep held two degrees from the University of California, Berkeley and has completed studies at Harvard Business School.
Lockheed Martin Space is one of the four major business divisions of Lockheed Martin. It has its headquarters in Littleton, Colorado, with additional sites in Valley Forge, Pennsylvania; Sunnyvale, California; Santa Cruz, California; Huntsville, Alabama; and elsewhere in the United States and United Kingdom. The division currently employs about 20,000 people, and its most notable products are commercial and military satellites, space probes, missile defense systems, NASA's Orion spacecraft, and the Space Shuttle external tank.
Sanders Associates was a defense contractor in Nashua, New Hampshire, United States, from 1951 until it was sold in 1986. It is now part of BAE Systems Electronics & Integrated Solutions, a subsidiary of BAE Systems. It concentrated on developing and manufacturing electronic systems, notably aircraft self-protection systems, and tactical surveillance and intelligence systems. Other business areas included microwave, missile and space electronics; infrared imaging; and automated mission planning systems, with both military and commercial applications.
Real3D, Inc. was a maker of arcade graphics boards, a spin-off from Lockheed Martin. The company made several 3D hardware designs that were used by Sega, the most widely used being the graphics hardware in the Sega Model 2 and Model 3 arcade systems. A partnership with Intel and SGI led to the Intel740 graphics card, which was not successful in the market. Rapid changes in the marketplace led to the company being sold to Intel in 1999.
GE Aviation Systems is an American aerospace engineering, aircraft engine and aircraft parts manufacturer.
The George M. Low Award is an annual award given by NASA to its subcontractors in recognition of quality and performance. NASA characterizes it as a "premier award". NASA's chief of safety and mission assurance, Terrence Wilcutt, called it "our recognition for their management's leadership and employee commitment to the highest standards in performance."
PRICE Systems was founded in 1975 as a business within the RCA Corporation. It is generally acknowledged as the earliest developer of parametric cost estimation software.
Vencore, Inc. was a private defense contractor that serves the U.S. Intelligence Community, Department of Defense and other agencies. From 2010 to 2014, the company was named The SI Organization, Inc.. The SI provided full life cycle, mission-focused systems engineering and integration capabilities, according to its corporate website. Major locations include Chantilly (VA), Basking Ridge (NJ), Denver (CO), Laurel (MD), Los Angeles (CA), Red Bank (NJ), St. Louis (MO), and Valley Forge (PA). The company employed approximately 2,000 people. It is now part of Peraton.
Veritas Capital Fund Management, L.L.C. is a New York–based private-equity firm founded in 1992 that invests in companies providing critical products and services, primarily technology-enabled products and services, to government and commercial customers worldwide. The firm's first fund closed in 1998. They closed an eighth flagship fund in 2022; in all, Veritas has approximately $45 billion of assets under management. Veritas is led by Ramzi Musallam, the firm's Chief Executive Officer and Managing Partner.
