Lockheed Martin Corp

Description

Lockheed Martin Corp is an leading American operating in aerospace and technology sector.

The Maryland-based company was founded in 1975.

It has operations in over 40 countries across the globe.

The company provides technology solutions for global security and is engaged in designing, researching, developing, integrating, and manufacturing advanced technological products and services.

The technology firm provides innovative security products through the following reportable segments:
• Missiles & fire control
• Aeronautics
• Rotary & Mission Systems

The company claims to provide latest cutting-edge defense system through a team of over 75,000 engineers, technologists and scientists.

The company manufactures the world's most advanced fighter jet, F-35, which reportedly powers economic growth, enhances global partnership and strengthens national security. The fighter jet is engaged in allied airpower in over 13 nations.

In May 2021, the company delivered its first advanced missile under the Patriot Advanced Capability-3 Missile Segment Enhancement. The missile is reportedly an advanced air defense missile and uses the 'Hit-to- Kill' technique and defends incoming threats.

Lockheed Martin's provide a wide of security solutions, systems and missiles, including:
• Armed Black Hawk
• Commercial Aircraft
• S-97 RAIDER
• DEFIANT TX
• RAIDER X
• X2 Technology
• Sikorsky Intelligence
• U-2 Dragon Lady
• Sikorsky CH-148 Cyclone Helicopter
• X-56A
• P-3 Orion

The American company operates through a platform of three companies: Sikorsky Aircraft, Loral Corp and Martin Marietta Corp.

Boeing, Raytheon Co, General Dynamics Corporation, etc., are some other top names in the aerospace building and manufacturing industry.

Lockheed Martin also engages in providing defense systems, satellites and spacecraft for international space organizations and aerospace industry, including NASA.

The company also provides electronic warfare systems across the globe. The segment is divided into three categories:
• Airborne: Includes anti-jam GPS products, communications and electronic intelligence, radar warning, etc.

• Surface: Provides real-time situational awareness to detect and interpret potential threats to U.S. navy.

• Ground: Provides solutions for contiguous coverage to counter and defeat threats.

• Cyber: Provides a full spectrum of defensive and offensive capabilities using cyber solutions and electronic warfare systems.