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Currently, the most well-known contractors at Plant 42 are Boeing, Lockheed Martin, and Northrop Grumman. [3] Previously, the facilities were operated by IT&T; McDonnell-Douglas Aircraft; Lockheed California; Norair, a division of Northrop; and Lockheed Air Terminal. [4] Plant 42 is a GOCO, contractually operated for the Air Force since 1954.
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.
The Lockheed Missile Systems Division was established in Van Nuys, California, in late 1953 to consolidate work on the Lockheed X-17 and X-7.The X-17 was a three-stage solid-fuel research rocket designed to test the effects of high mach atmospheric reentry.
While the formation of Lockheed Martin in 1995 was a merger of equals, by far the greatest contribution to Lockheed Martin Aeronautics was the product portfolio of Lockheed. This included the C-5 , C-130 , and C-141 transports as well as the F-2 , F-16 (purchased from General Dynamics ), F-117 , F-22 , and F-35 Lightning II .
A remote facility of Edwards AFB, located at Palmdale, California, Plant 42 is a government-owned, contractor-operated facility with proximity to both the concentration of aerospace industry in Los Angeles, and the high-speed corridors and resources of the 412th Test Wing at Edwards.
10th Aerospace Defense Group, 1 January 1967 – 31 December 1971 (Aerospace Defense Command) 30th Launch Group, 1 December 2003 – present; 30th Operations Group, 19 November 1991 – present; 6595th Missile Test Group, 1 May 1970 – 1 October 1990; 6595th Space (later Satellite, later Aerospace) Test Group, 1 May 1970 – 1 October 1990
Turning back to Lockheed Martin, the defense contractor has also had margin issues in recent years. Management believes that 2024 will be a low-water mark for margins, and according to CFO Jesus ...
Skunk Works logo. Skunk Works is an official pseudonym for Lockheed Martin's Advanced Development Programs (ADP), formerly called Lockheed Advanced Development Projects. It is responsible for a number of aircraft designs, highly classified research and development programs, and exotic aircraft platforms.