Swot Analysis Of Lockheed Martin

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Company Overview

On August 16, 1912, Glenn L Martin established the Glenn L Martin Company in Los Angeles, California. Martin innovated and built his first aircraft, now know as the Orville Wright design, in a rented out church. On December 19, 1912, only four months later, Allan and Malcolm Lockheed founded the Alco Hydro-Aeroplane Company that later became renamed Lockheed Aircraft Company. Both Martin and the Lockheed brothers were able to look past obstacles to provide what Lockheed Martin has “known for 100 years- innovation, performance, and purpose that are the keys to accelerating a brighter tomorrow” (Lockheed Martin).
Lockheed Martin is apart of the aerospace and defense industry and can be broken down into five segments. The