Lockheed Martin Aeronautics Explained

Lockheed Martin Aeronautics
Predecessors:Lockheed Corporation
Martin Marietta
Founded:1995
Hq Location City:Fort Worth, Texas[1]
Revenue:$17.769 billion
Revenue Year:2016[2]
Operating Income:$1.877 billion
Income Year:2016
Key People:James D. Taiclet

Bruce L. Tanner
Num Employees:25,000[3]
Num Employees Year:2017

Lockheed Martin Aeronautics Company is a major unit of Lockheed Martin with headquarters at Air Force Plant 4 in Fort Worth, Texas.

Lockheed Martin Aeronautics is based in Marietta, Georgia and Palmdale, California. 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.

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Notes and References

  1. Web site: Who We Are. Lockheed Martin. 23 July 2017.
  2. 2016 Annual Report Lockheed Martin Corporation. 2016. 1–130. 23 July 2017.
  3. Web site: About Aeronautics. Lockheed Martin. 23 July 2017.