Lockheed Martin History

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Lockheed Martin is headquartered in Bethesda, Maryland principally engaged in global security and aerospace sustainment technology systems. This company is a large proponent of my work, and one of the largest military contractors. As a manufacturer of aircraft and components, and one of the two main competitors for the government’s business, Lockheed Martin engineers some of the major lines of defense that I see and work with every day. My job revolves around whether these defensive tools will perform as advertised in order to help us complete our mission. Innovation drives this company to be a financial giant not only in this decade, but for over a century. The history of the company is quite extensive, beginning as a small, few man show …show more content…

Allan Loughead, Malcolm Loughead, and Max Mamlock founded Alco Hydro-Aeroplane Company in 1912. They wanted to fly a design built by the Loughead brothers, the Model G. After a few years, other investors were interested and eventually flew paying customers. By 1916, the brothers organized Loughead Aircraft Manufacturing Company but with poor sales of it flying F-1, they liquidated by 1921. Allan Loughead established Lockheed Aircraft Company (spelling the company to match pronunciation) in 1926. Along with other engineers, a four passenger wooden monoplane was constructed and was highly successful. Wiley Post flew this plane around the world, achieving a record for a successful long distance flight, among many others. In 1934 the company finally saw larger profits after the creation of the first Electra. This airliner was a twin-engine, all metal craft that paved the way for the World War II twin-tailboom P-38. The United States military was a close associate to the Lockheed Corporation after creating many aircraft including the P-80 Shooting Star, F-104 Starfighter, U-2 spy plane, SR-71 Blackbird, F-117 Nighthawk, and Have Blue a stealth aircraft. After establishing a clear understanding and superiority with fighter aircraft that could fly not only as fast as the speed of sound, but also twice as fast, Lockheed delved into the world of transport aircraft. C-130 Hercules, C-141 StarLifter, and the C-5 Galaxy were the long-lived series of cargo lifters fashioned. Because of their exploration into the cargo world, Lockheed produced the first of a long line of products including the first turbojets and the heaviest, largest American aircraft. Submarines, space missions, and electronics were some of the other related sources of income during 1977, so they changed their name to

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