History
Lockheed Martin Corporation was formed in March 1995 with the merger of two of the world's premier technology companies, Lockheed Corporation and Martin Marietta Corporation. In 1996, Lockheed Martin completed its strategic combination with the defense electronics and systems integration businesses of Loral.
Lockheed Martin traces its roots back to the early days of flight. In 1909 aviation pioneer Glenn L. Martin organized a company around a modest airplane construction business. Incorporated in 1912, it was built into a major airframe supplier to U.S. military and commercial customers. Martin Marietta was established in 1961 when the Glenn L. Martin Company merged with American-Marietta Corp., a leading supplier of building and road construction materials. In 1912, Alco Hydro-Aeroplane Company was formed by Allan and Malcolm Loughead. Later in 1913, the Loughead brothers (name later changed to Lockheed) flew the first Lockheed plane over San Francisco Bay. The modern Lockheed Corporation was formed in 1932 after the fledgling airplane company was reorganized.
