Lockheed Martin

Lockheed Martin operates in five segments of activity: Aeronautics, information systems and global solutions, missiles and control systems of the fire, rotating systems and the mission and space-based systems. The company received six times Collier County Trophy, including in 2001 in order to be part of the development of the propulsion system X-35/F-35B LiftFan and most recently in 2006 to lead the team that has developed the plane to fight F-22 Raptor. Lockheed Martin is currently developing F-35 Lightning II and lead the international chain of supply, leads the team for the development and implementation of technology solutions for the new SpaceFence (replacement AFSSS USAF) and is the main contractor for the development of the control module (Orion spaceship). The company invests also in the systems of health systems, renewable energy, intelligent distribution of energy and nuclear fusion compact (Petrescu and Petrescu, 2011; 2012; 2013a; 2013b; 2013c; Petrescu et al., 2017 a-d; Mirsayar et al., 2017).

He talks held by the merger of Lockheed Corporation and Martin Marietta was started in March 1994, the companies announcing the merger planned by 10 billion dollars on 30 August 1994. The contract has been completed on 15 March 1995, when the shareholders of the two companies have approved the merger. The segments of the two companies which have not been retained by the new company formed the basis for the incumbent communicated L-3, a contractor for the defense sized, by itself.

Lockheed Martin also later stole the material of the company Martin Marietta Materials.

Both companies have contributed with important products to the new portfolio. Products Lockheed have included the missile Trident, P-3 Orion, F-16 Fighting Falcon, F-22 Raptor, C-130 Hercules,-4would Fightinghawk and satellite DSCS-3. Products Martin Marietta have included the rockets Titan, Sandia National Laboratories (management contract purchased in 1993), External Tank Shuttle, Viking 1 and Viking 2, Transfer Blinded Stage (under the subcontracting to Orbital Sciences Corporation) and various types of satellite.

On the date of 22 April 1996, Lockheed Martin has completed the purchase of firms from Corporation for the electronics industry of defense and systems of systems integration for the sum of 9.1 billion dollars, business being announced in January. The rest from his has become From Space & Communications. Lockheed Martin abandoned the plans for a fusion of 8.3 billion dollars with Northrop Grumman on 16 July 1998, because of the concerns of the government from the power of the potential of the new group; Lockheed/Northrop would have had control over 25 % of the budget of the department for defense.

For Mars Climate Orbiter, Lockheed Martin has provided in incorrectly NASA with software which used the measurements in units of the usual force of the USA, when it was expected a value metric; this has led to the loss of Orbiter at a cost of 125 million dollars with the ship development of a cost 193,1 million dollars.

In May 2001, Lockheed Martin has sold Lockheed split hvac system Control Systems by BAE Systems. On 27 November 2000, Lockheed has concluded the sale of its activity of the electronic systems for aerospace by BAE Systems for 1.67 billion dollars, transaction announced in July 2000. This group has included Sanders Associates, Fairchild Systems and Lockheed Martin Space Electronics and Communications. In 2001, Lockheed Martin has won the contract for the construction of F-35 Lightning II; this was the greatest project of purchases of aircraft of the battle at F-16, with an initial 3,000 of aircraft. In 2001, Lockheed Martin has established a new investigation carried out by the office of the inspector general of the NASA, with the assistance of the Agency in respect of the audit of the contracts of defense. The company has paid to the Government of the United States the sum of 7.1 million dollars, based on the statements according to which its predecessor, Lockheed Engineering Science Corporation, claims submitted false statements concerning the rental costs by NASA.