Lockheed
Martin's core business areas are systems integration, aeronautics,
space, and technology services. The company's business areas
are systems integration, aeronautics, space, and technology
services.
1913: Allan and Malcolm Loughead fly the
first Lockheed aircraft over San Francisco Bay.
1916: The Loughead brothers form the Loughead
Aircraft Manufacturing Company.
1926: Loughead Aircraft changes its name to
the phonetic spelling--Lockheed Aircraft Company.
1927: The plane that put Lockheed on the
map, the Vega, first flies. Designed by Allan Loughead and
Jack Northrop, the six-passenger Vega set numerous speed and
distance records.
1929: Lockheed becomes one of several
companies acquired by Detroit Aircraft.
1932: Detroit Aircraft fails and Lockheed becomes an independent
company again.
1938: Vega Airplane Co. formed as an
affiliate of Lockheed.
1943: Lockheed's "Skunk Works"
begins to develop a new jet fighter--the P-80 Shooting Star.
Vega loses its separate identity as it is merged into Lockheed.
1995: Lockheed and Martin Marietta merge to
form Lockheed Martin.
