Lockheed Martin Headquarters
Lockheed Martin is headquartered in Bethesda, Maryland, Washington D.C. This company has a total of 116,000 employees worldwide under the management of the current President and Chief Executive Officer, Marillyn Hewson.
All About Marillyn Hewson
Marillyn Hewson started to join the Lockheed Martin Company in 1983. She held executive positions with the company, which includes President, Chief Operating Officer, and Lockheed Martin’s Electronic Systems’ business area Vice President. She was elected to Lockheed Martin’s Board of Directors on November 9, 2012. The following year, she became the Chief Executive Officer and doubled the market cap of Lockheed Martin.
Lockheed Martin Gains Recognition
Based on revenue for the fiscal year of 2014, Lockheed Martin was recognized as the world’s largest defense contractor. It is also considered the world’s premier company in the industry of technologies, aerospace, defense, and security. In 2013, almost 80% of Lockheed Martin’s revenue came from military sales. The company topped the United States Federal Government contractors’ list and got 10% of the funds from the Pentagon.
The five business segments that Lockheed Martin operates include Aeronautics, Missiles and Fire Control, Information Systems and Global Solutions, Space Systems, and Mission and Systems Training. Lockheed Martin received the Collier Trophy – an annual aviation award given by the US National Aeronautic Association to those companies that have made great achievements on aeronautics or astronautics in the United States. The company received this award six times including the one that they received in 2001 when they were part of the X-35/F-35B LiftFan Propulsion System’s development. The most recent Collier Trophy they received was in 2006 when they led the team that developed the F-22 Raptor fighter jet.