Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products, and services. The company also provides a range of management, engineering, technical, scientific, logistics and information services. It serves both the U.S. and international customers with products and services that have defense, civil and commercial applications. Segments The company operates in five segments, including Aeronautics; Information Systems & Global Solutions (IS&GS); Missiles and Fire Control (MFC); Mission Systems and Training (MST); and Space Systems. Aeronautics The Aeronautics segment engages in the research, design, development, manufacture, integration, sustainment, support and upgrade of advanced military aircraft, including combat and air mobility aircraft, unmanned air vehicles and related technologies. This segment’s major programs include F-35 Lightning II Joint Strike Fighter – international multi-role, multi-variant, fifth generation stealth fighter; C-130 Hercules – international tactical airlifter; F-16 Fighting Falcon – international multi-role fighter; C-5M Super Galaxy – strategic airlifter; AND F-22 Raptor – air dominance and multi-mission fifth generation stealth fighter. The F-35 program consists of development contracts, multiple production contracts, and sustainment activities. During 2015, the company delivered 45 aircraft to it’s the U.S. and international partners, resulting in total deliveries of 154 production aircraft as of December 31, 2015. This segment produces and provides support and sustainment services for the C-130J Super Hercules, as well as upgrades and support services for the legacy C-130 Hercules worldwide fleet. The company delivered 21 C-130J aircraft in 2015, including 1 to international customers. This segment produces F-16 aircraft for international customers. It also provides service-life extension, modernization and other upgrade programs for its customers’ F-16 aircraft. The company delivered 11 F-16 aircraft in 2015. This segment provides sustainment services for the existing U.S. Air Force C-5 Galaxy fleet and modernization activities to convert 49 C-5 Galaxy aircraft to the C-5M Super Galaxy configuration. These modernization activities include the installation of new engines, landing gear and systems and other improvements that enable a shorter takeoff, a higher climb rate, an increased cargo load and longer flight range. As of December 31, 2015, the company had delivered 29 C-5M aircraft under these modernization activities, including 9 C-5M aircraft delivered in 2015. This segment provides modernization and sustainment activities for the U.S. Air Force’s F-22 aircraft fleet. The modernization program comprises upgrading existing systems requirements, developing new systems requirements, adding capabilities and enhancing the performance of the weapon systems. The sustainment program consists of sustaining the weapon systems of the F-22 fleet, providing training systems, customer support, integrated support planning, supply chain management, aircraft modifications and heavy maintenance, systems engineering and support products. This segment is involved in advanced development programs incorporating design and prototype applications. Its Advanced Development Programs (ADP) organization, also known as Skunk Works, is focused on future systems, including unmanned aerial systems and next generation capabilities for advanced strike, intelligence, surveillance, reconnaissance, situational awareness and air mobility. This segment’s customers include the military services and various other government agencies of the U.S. and other countries. IS&GS The IS&GS segment provides technology systems and expertise, integrated information technology solutions and management services across a spectrum of applications for civil, defense, intelligence and other government customers. In addition, this segment supports the needs of customers in data analytics, data center operation and air traffic management. It provides network-enabled situati
lockheed martin corp (LMT:New York)
6801 Rockledge Drive
Bethesda, MD 20817
The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content.
|No competitor information is available for LMT.|
|View Industry Companies|
Sponsored Financial Commentaries
Only a company representative may request an update for the company profile. Documentation will be required.
To contact LOCKHEED MARTIN CORP, please visit www.lockheedmartin.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.