Lockheed Martin Strategic Analysis

The Corporation and its Nature of operations:

With revenues from sales amounting to 42 meg dollars, Lockheed Martin Corp. is by far the largest defense contractor in the world. Among many a(prenominal) claims to fame is the fact that Lockheed Martin (LMT) is the largest military aircrafts manufacturer as well as being the prime contractor of the biggest defense contract ever, the $ two hundred billion joint strike fighter program (JSF) which was sign-language(a) in 2001. Lockheed Martin operates in a lot of countries and employs 145000 employees around the world, hitherto its main offices are located in the US and UK.

Lockheed Martin has acquired a lot of small competitors working in the same effort such as Loral Corporation. It further diversified its output line of work by acquiring the assembly lines from other competitors such as buying the F-16 Fighting Falcon manufacturing division from General kinetics in 1993 which proved to be the most successful product in the history of arms sales. Further on the keep company won a lot of defense contracts from the US governing such as the JSF program and implementing a complete and incorporated information system for the US federal government.





The company operates in a $315 Billion industry (wikipedia), the arms industry (also cognize as the defense industry) where there are no negotiation of introducing small products offered for a wide range of customers. Instead, we are talk about products that are only handled and can only be afforded by governments; products that relate to war tactics and management, military bind equipment, and sophisticated modern warfare technology programs that are sell to a lot of governments and huge institutes around the world.




Lockheed Martin Corporation Products:

in that location are four major business divisions in which LMT has reason its products. The following are the business divisions listed according to profitability (highest to lowest):
 combine and Electronic Systems: Data processing subsystems...If you want to get a full essay, order it on our website: Ordercustompaper.com



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