Lockheed Martin Aeronautics

Last updated
Lockheed Martin Aeronautics
Company type Division
Industry
Predecessors Lockheed Corporation
Martin Marietta
Founded1995;30 years ago (1995)
Headquarters
Key people
James D. Taiclet (chairman, president & CEO)
Bruce L. Tanner (Executive Vice President and CFO)
Revenue$17.769 billion (2016 [2] )
$1.877 billion (2016 [2] )
Number of employees
25,000 [3]  (2017)
Website lockheedmartin.com

Lockheed Martin Aeronautics Company is a major unit of Lockheed Martin with headquarters at Air Force Plant 4 in Fort Worth, Texas, with additional facilities are located Marietta, Georgia and Palmdale, California.

Contents

Palmdale is home to the Advanced Development Programs (ADP), informally known as the "Skunk Works". Various subassemblies are produced at locations in Florida, Mississippi, Pennsylvania, and West Virginia.

The company draws upon the history of the former Lockheed and Martin Marietta corporations. While the formation of Lockheed Martin in 1995 was a merger of equals, by far the greatest contribution to Lockheed Martin Aeronautics was the product portfolio of Lockheed. This included the C-5, C-130, and C-141 transports as well as the F-2, F-16 (purchased from General Dynamics), F-117, F-22, and F-35 Lightning II.

The most important project by far to Lockheed Martin Aeronautics is the F-35 Lightning II (JSF). Worth a potential $200bn the initial order book is approximately 3,000 excluding almost guaranteed export orders. Lockheed also supports its F-22 air dominance fighter in USAF service.

History

On May 22, 2024, the unit was sanctioned by the Chinese government due to arms sales to Taiwan. [4]

Products

See also

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References

  1. "Who We Are". Lockheed Martin. Retrieved 23 July 2017.
  2. 1 2 "2016 Annual Report Lockheed Martin Corporation" (PDF). 2016: 1–130. Retrieved 23 July 2017.{{cite journal}}: Cite journal requires |journal= (help)
  3. "About Aeronautics". Lockheed Martin. Retrieved 23 July 2017.
  4. "Decision on Taking Countermeasures Against U.S. Military Companies and Senior Executives". Ministry of Foreign Affairs . 27 May 2024. Retrieved 2 January 2025.