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Lockheed Martin Canada Inc. [1] [2] is an aerospace and defence contractor, headquartered in Ottawa, Ontario, Canada. It is a wholly owned subsidiary of Lockheed Martin , and a part of the Rotary and Mission Systems business area.
For the fiscal year 2020, Lockheed Martin reported earnings of $6.833 billion, with an annual revenue of $65.398 billion, an increase of 9.3% over the previous year. [103] Backlog was 144.0 billion at the end of 2019, up from 130.5 billion at the end of the 2018.
The Lockheed Corporation was an American aerospace manufacturer.Lockheed was founded in 1926 and merged in 1995 with Martin Marietta to form Lockheed Martin.Its founder, Allan Lockheed, had earlier founded the similarly named but otherwise-unrelated Loughead Aircraft Manufacturing Company, which was operational from 1912 to 1920.
Lockheed Martin, formed in 1995 by the merger of Lockheed Corporation and Martin Marietta ... The brothers who founded the original Lockheed Corporation:
Some of Sperry's former divisions became part of Honeywell, Lockheed Martin, Raytheon Technologies, and Northrop Grumman. The company is best known as the developer of the artificial horizon and a wide variety of other gyroscope-based aviation instruments like autopilots, bombsights, analog ballistics computers and gyro gunsights. In the post ...
The company was founded in June 2006 [30] by Peter Beck in New Zealand, after a trip to the United States. [31] During the trip, Beck realized the possibility and potential for a low-cost, small rocket. While contacting potential investors, he met Mark Rocket, [32] who later became a seed investor and was co-director from 2007 to 2011. [33]
In September 2006, Lockheed-Martin announced its intention to sell its ownership interests in Lockheed Khrunichev Energia International, Inc. (LKEI) and International Launch Services, Inc. (ILS) to Space Transport Inc. [2] Space Transport Inc. was formed specifically for this transaction by Mario Lemme, who has been a consultant to ILS since ...
The following year, several of those former Loral units were spun off by Lockheed Martin to become the core of L-3 Communications. Loral was accused of transferring technology to China in 1996. The incident arose as a result of an investigation into the launch failure of Intelsat 708 , a Space Systems/Loral -built satellite.