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Insights Magazine
Insights Magazine, Third Quarter, 2007
Insights Magazine, Third Quarter, 2007 |
| Magazine - Insights Magazine | |
| Monday, 28 July 2008 | |
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Thinking Differently: Lockheed Martin Researchers Are Accustomed To “Thinking Differently” As They Pursue Advances That Will Benefit Customers Reaching as far back as the early days of Ben Franklin and his experiments with kite and key, our nation’s pursuit of technology has been a persistent force. From today’s vantage, a look back at the laboratory triumphs of Franklin and Thomas Edison, Alexander Graham Bell and others who helped fuel the growth of the industrial era seems almost quaint — flickering, kinescope images of a past era. Today, scientists probe the depths of the universe and of matter itself, using computer simulations to make centuries pass in the blink of an eye or to work at submicroscopic levels that a few years ago would have defied the mind’s ability to grasp. Lockheed Martin is well accustomed to thinking differently, a trait no better embodied than in the company’s laboratories where new ideas and concepts are tested. As in the past, it is the desire to find and exploit technologies that can be turned into valued products for customers that most fully defines and imbues the work. Here is a glimpse at two of those technologies, nanotechnology and laser detection and ranging, which Lockheed Martin believes may be threads that will run deeply through the future. Download Insights Magazine, Third Quarter, 2007 PDF format, 3.6MB, 36Pages. Inside: Visit Lockheed Martin Corporation Official Website Lockheed Martin Corporation, an advanced technology company, was formed in March 1995 with the merger of two of the world's premier technology companies, Lockheed Corporation and Martin Marietta Corporation. Headquartered in Bethesda, Maryland, Lockheed Martin employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture and integration of advanced technology systems, products and services. Lockheed Martin is led by Robert J. Stevens, Chairman, President and Chief Executive Officer. CUSTOMER BASE: As a lead systems integrator and information technology company, the majority of Lockheed Martin's business is with the U.S. Department of Defense and the U.S. federal government agencies. In fact, Lockheed Martin is the largest provider of IT services, systems integration, and training to the U.S. Government. The remaining portion of Lockheed Martin's business is comprised of international government and some commercial sales of our products, services and platforms. FINANCIAL PERFORMANCE: The Corporation reported 2007 sales of $41.9 billion, a backlog of $76.7 billion, and cash flow from operations of $4.2 billion. ORGANIZATION: Lockheed Martin's operating units are organized into broad business areas. Aeronautics, with approximately $12.3 billion in 2007 sales, includes tactical aircraft, airlift, and aeronautical research and development lines of business. Space Systems, with approximately $8.2 billion in 2007 sales, includes space launch, commercial satellites, government satellites, and strategic missiles lines of business. Systems & IT Group, with approximately $21.4 billion in 2007 sales, will leverage our existing and emerging capabilities to address customers' growing needs for highly integrated systems and solutions. This includes missiles and fire control, naval systems, platform integration, C4I, federal services, energy programs, government and commercial IT and aeronautical/aerospace services lines of business. Bookmark
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