what happened to lockheed martin aerospace electronics? - EAS

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  1. On November 27, 2000, Lockheed completed the sale of its Aerospace Electronic Systems business to BAE Systems for $1.67 billion, a deal announced in July 2000. This group encompassed Sanders Associates, Fairchild Systems, and Lockheed Martin Space Electronics & Communications.
    Founded: March 15, 1995; 27 years ago
    Headquarters: Bethesda, Maryland, U.S.
    Number of employees: 114,000 (2022)
    Revenue: US$67.04 billion (2021)
    en.wikipedia.org/wiki/Lockheed_Martin
    en.wikipedia.org/wiki/Lockheed_Martin
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    Where is Lockheed Martin located?
    Footnotes / references. Lockheed Martin Corporation is an American global aerospace, defense, security and advanced technologies company with worldwide interests. It was formed by the merger of Lockheed Corporation with Martin Marietta in March 1995. It is headquartered in North Bethesda, Maryland, in the Washington, DC, area.
    en.wikipedia.org/wiki/Lockheed_Martin
    Why work at Lockheed Martin?
    We create the innovative technologies that define eras. While no one knows what's going to change the world next, we're probably already working on it. As a global security, innovation, and aerospace company, the majority of Lockheed Martin's business is with the U.S. Department of Defense and U.S. federal government agencies.
    www.lockheedmartin.com/en-us/products.html
    What happened to Lockheed?
    In July 1929, majority shareholder Fred Keeler sold 87% of the Lockheed Aircraft Company to Detroit Aircraft Corporation. In August 1929, Allan Loughead resigned. [citation needed] The Great Depression ruined the aircraft market, and Detroit Aircraft went bankrupt.
    en.wikipedia.org/wiki/Lockheed_Corporation
    What aircraft did Lockheed Martin develop in the 1960s?
    During the 1960s, Lockheed began development for two large aircraft: the C-5 Galaxy military transport and the L-1011 TriStar wide-body civil airliner. Both projects encountered delays and cost overruns.
    en.wikipedia.org/wiki/Lockheed_Corporation
  3. https://news.lockheedmartin.com/2000-11-27...

    WebNov 27, 2000 · Lockheed Martin Corporation announced today that it has completed the sale of its Aerospace Electronics Systems businesses to BAE SYSTEMS North America, Inc., a wholly- owned subsidiary of BAE SYSTEMS plc, Farnborough, England, for $1.67 …

  4. https://www.lockheedmartin.com/en-us/news/features/history.html

    WebFour months later and four hundred miles away, on December 19, 1912, Allan and Malcolm Lockheed founded the Alco Hydro-Aeroplane Company, later renamed the Lockheed Aircraft Company. Talented mechanics, they …

  5. https://en.wikipedia.org/wiki/Lockheed_Martin

    Lockheed Martin Corporation is an American aerospace, arms, defense, information security, and technology corporation with worldwide interests. It was formed by the merger of Lockheed Corporation with Martin Marietta in March 1995. It is headquartered in North Bethesda, Maryland, in the Washington, D.C. area. Lockheed Martin employs approximately 115,000 employees worldwide, includ…

    • Revenue: US$67.04 billion (2021)
    • Number of employees: 114,000 (2022)
  6. https://www.lockheedmartin.com/en-us/products.html

    WebAs a global security, innovation, and aerospace company, the majority of Lockheed Martin's business is with the U.S. Department of Defense and U.S. federal government …

  7. https://news.lockheedmartin.com/2000-07-13-BAE...

    WebJul 13, 2000 · BETHESDA, Md., July 13 / PRNewswire / -- Lockheed Martin Corporation and BAE SYSTEMS North America, Inc. announced today that they have reached a …

  8. https://en.wikipedia.org/wiki/Lockheed_Corporation

    WebThe Lockheed Corporation was an American aerospace manufacturer. Lockheed was founded in 1926 and later merged with Martin Marietta to form Lockheed Martin in …

  9. https://www.unrealengine.com/en-US/spotlights/...

    WebNov 28, 2022 · Lockheed Martin has a long history of innovation, including many firsts—the U-2, the world’s first spyplane in 1955; the Blackbird, the highest-flying, fastest aircraft of …

  10. NASA taps Lockheed Martin for three more Orion spacecraft

    https://www.militaryaerospace.com/home/article/...

    WebOct 26, 2022 · Lockheed Martin is the prime contractor to NASA for the Orion program and has completed two Orion vehicles—EFT-1 which flew in 2014, and Artemis I, which is …

  11. Lockheed Martin to build electronic warfare (EW ... - Military …

    https://www.militaryaerospace.com/sensors/article/...

    WebJun 29, 2022 · The Lockheed Martin Block 2 SEWIP design for defense against anti-ship missiles is based on its integrated common electronics warfare system (ICEWS), which …

  12. https://www.fool.com/investing/2022/03/02/why...

    WebMar 02, 2022 · Shares of defense contracting pure play Lockheed Martin ( LMT 0.63%) -- which got quite a lift on Tuesday after Germany announced plans to triple its 2022 defense budget, and Wolfe Research ...

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