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Lockheed Martin: The World's Largest Defense Industry

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Lockheed Martin: The World's Largest Defense Industry
Lockheed Martin is the world’s largest defense contractor, competing within the $435 billion aerospace and defense industry. Lockheed Martin was the result of the merger between Lockheed Corp and Martin Marietta in 1995, and has since been involved in numerous contracted projects all over the world. Lockheed Martin is broken up into 5 distinct business categories, aeronautics, information systems, missiles and fire control, mission systems and training and space systems. Each of these categories contains different business strategies that contributed to the $46.1 billion in sales of 2015. Lockheed Martin continues to strive to be a leader in innovation, and be on the cutting edge of technology, material science and engineering.
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