GOES-9 , known as GOES-J before becoming operational, was an American weather satellite , which formed part of the U.S. National Oceanic and Atmospheric Administration 's Geostationary Operational Environmental Satellite system. It was launched in 1995, and operated until 2007 when it was retired and boosted to a graveyard orbit . At launch, the satellite had a mass of 2,105 kilograms (4,641 lb), and an expected operational lifespan of three years. It was built by Space Systems/Loral , based on the LS-1300 satellite bus, and was the second of five GOES-I series satellites to be launched.
58-506: GOES-J was launched aboard an International Launch Services Atlas I rocket, flying from Launch Complex 36B at the Cape Canaveral Air Force Station . The launch occurred at 05:52:02 GMT on 23 May 1995. Following launch, it was positioned in geostationary orbit at a longitude of 90° West for on-orbit testing. Once this was complete, it was moved to 135° West, where it assumed GOES-WEST operations. GOES-9 suffered from
116-522: A False Claims Act lawsuit paying $ 27.5 million to finalize allegations that it had knowingly overbilled taxpayers for work performed by company staff who did not hold the relevant essential qualifications for the contract. The board of directors consists of 14 members. As of February 2016, members include: As of December 2023, Lockheed Martin shares are mainly held by institutional investors ( State Street Corporation , Vanguard group , BlackRock , Capital Group Companies , and others). Lockheed Martin
174-553: A hypersonic weapon prototype. A hypersonic missile can travel at one mile a second. This is the second contract for hypersonic weapons that Martin has secured; The first was from the Air Force as well and for $ 928 million which was announced in April 2018. On November 29, 2018, Lockheed Martin was awarded a Commercial Lunar Payload Services contract by NASA , which makes it eligible to bid on delivering science and technology payloads to
232-552: A $ 2.2 billion contract with the United States Air Force for two advanced military communications satellites. Lockheed Martin has already begun to help the military transition to renewable energy sources with solar photovoltaic powered microgrids and as the military aims to reach 25% renewable energy by 2025 in order to improve national security . On March 3, 2012, the U.S. Department of Justice (DOJ) said that Lockheed Martin had agreed to settle allegations that
290-408: A backlog of 22 orders, totaling approximately US$ 2 billion, and had flown 45 commercial Proton missions since 1996. By June 2009, the backlog had grown to 24 firm missions. The 50th ILS Proton launch took place in early 2009. In January 2014, ILS had an order book of 14 launches worth more than US$ 1 billion, with up to 6 launches planned for 2014. Most Proton payloads are too massive to launch with
348-680: A backup. It was reactivated in December 2001 for evaluation of its imager and reaction wheels, after which it was placed back into storage. In 2003, GOES-9 was reactivated again, and leased to the Japan Meteorological Agency as a replacement for the GMS-5 satellite at 155° East, because its intended replacement, MTSAT-1 , had failed to reach orbit. It remained in this position until MTSAT-1R became operational in November 2005, at which time GOES-9
406-458: A bankruptcy court received no bids by the February 21 deadline. On March 16, 2020, Lockheed Martin announced that James D. Taiclet would replace Marillyn Hewson as CEO, effective June 15. In January of 2021, Taiclet became chairman of the company as well. On December 20, 2020, it was announced that Lockheed Martin would acquire Aerojet Rocketdyne Holdings for $ 4.4 billion. The acquisition
464-401: A close. In May 2017, during a visit to Saudi Arabia by President Donald Trump, Saudi Arabia signed business deals worth tens of billions of dollars with U.S. companies, including Lockheed Martin. (See: 2017 United States–Saudi Arabia arms deal ) On August 13, 2018, Lockheed Martin announced that the company had secured a $ 480 million contract from the United States Air Force to develop
522-472: A cost of $ 7.1 billion. The Pentagon has criticized the acquisition as causing a reduction in competition. In November 2015, the acquisition received final approval from the Chinese government, with a total cost of $ 9 billion. Dan Schulz was named the president of Lockheed Martin's Sikorsky company. Lockheed Martin has shown sketches for a twin-engine, blended wing body strategic airlifter similar in size to
580-458: A design fault with the motor windings in its imager and sounder, with one of two sets failing in 1997. If the other set had failed, it would have made the system inoperable. This fault also occurred on the GOES-8 satellite, however it was corrected before GOES-10 was launched. In June 1998 GOES-9 developed a problem with one of its two reaction wheels , which were used to control its orientation. It
638-731: A fine of $ 20 million following his guilty plea. On February 20, 2013, Lockheed Martin Corp complied with the United States District Court for the Southern District of New York , agreeing to pay a $ 19.5 million lawsuit to conclude a securities fraud class-action legal battle that had accused the company of deceiving shareholders in regards to expectations for the company's information technology division. On December 20, 2014, Lockheed Martin Integrated Systems agreed to settle
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#1733086233971696-399: A market cap of around $ 139.7 billion. Lockheed Martin is one of the largest companies in the aerospace, military support, security, and technologies industry. It was the world's largest defense contractor by revenue for fiscal year 2014. In 2013, 78% of Lockheed Martin's revenues came from military sales; it topped the list of US federal government contractors and received nearly 10% of
754-580: A nine–year investigation conducted by NASA's Office of Inspector General with the assistance of the Defense Contract Audit Agency. The company paid the United States government $ 7.1 million based on allegations that its predecessor, Lockheed Engineering Science Corporation, submitted false lease costs claims to NASA. On May 12, 2006, The Washington Post reported that when Robert Stevens took control of Lockheed Martin in 2004, he faced
812-595: A provider of integrated planning and demand forecasting tools for airport, planning to expand their business in commercial airport information technology solutions. Also, in March 2014, Lockheed Martin announced its acquisition of Industrial Defender Inc. On June 2, 2014, Lockheed Martin received a Pentagon contract to build a space fence that would track debris, keeping it from damaging satellites and spacecraft. On July 20, 2015, Lockheed Martin announced plans to purchase Sikorsky Aircraft from United Technologies Corporation at
870-441: A spate of Proton/Breeze M launch failures. In the last few years, most launch contracts for large commercial geostationary satellites — which have declined overall as more operators look at smaller spacecraft sizes — have gone to SpaceX and Arianespace . Proton flew its last scheduled commercial mission on 9 October 2019, delivering Eutelsat 5 West B and MEV-1 to geostationary orbit. After October 2006, ILS focused solely on
928-578: Is expected to be completed by December 2020. In January 2020, the Pentagon found at least 800 software defects in Lockheed Martin's F-35 fighter jets owned by the US Armed Forces during an annual review. The 2018 and 2019 reviews revealed a large number of defects as well. In February 2020, Lockheed Martin acquired Vector Launch Inc 's satellite software technology GalacticSky for $ 4.25 million after
986-1101: Is launched from the Plesetsk and Vostochny Cosmodrome in Russia . ILS was formed in 1995 as a private spaceflight partnership between Lockheed Martin (LM), Khrunichev and Energia . ILS initially co-marketed non-military launches on both the American Atlas and the Russian Proton expendable launch vehicles . With the Atlas V launch of the SES Astra 1KR satellite on 20 April 2006, ILS had made 100 launches, 97 of which were successful. In September 2006, Lockheed-Martin announced its intention to sell its ownership interests in Lockheed Khrunichev Energia International, Inc. (LKEI) and International Launch Services, Inc. (ILS) to Space Transport Inc. Space Transport Inc.
1044-470: Is listed as the largest U.S. government contractor and ranks first for the number of incidents, and fifth for the size of settlements on the 'contractor misconduct' database maintained by the Project on Government Oversight , a Washington, D.C.–based watchdog group. Since 1995, the company has agreed to pay $ 676.8 million to settle 88 instances of misconduct. In 2013, Lt. Gen. Christopher Bogdan criticized
1102-544: The Phoenix and InSight Mars landers. On April 11, 2019, at 6:35 pm EDT, an Arabsat-6A satellite was successfully launched from (LC-39A) . This satellite is one of two, the other being SaudiGeoSat-1/HellasSat-4 and they are the "most advanced commercial communications satellites ever built by" Lockheed Martin. On September 23, 2019, Lockheed Martin and NASA signed a $ 4.6-billion contract to build six or more Orion capsules for NASA's Artemis program to send astronauts to
1160-654: The Collier Trophy six times, including in 2001 for being part of developing the X-35 / F-35B LiftFan Propulsion System and most recently in 2018 for the Automatic Ground Collision Avoidance System (Auto-GCAS). Lockheed Martin is currently developing the F-35 Lightning II and leads the international supply chain, leads the team for the development and implementation of technology solutions for
1218-880: The Department of Defense and the Department of Energy to the Department of Agriculture and the Environmental Protection Agency . It is involved in surveillance and information processing for the CIA , the FBI , the Internal Revenue Service (IRS), the National Security Agency (NSA), The Pentagon , the Census Bureau , and the Postal Service . In October 2013, Lockheed announced it expected to finalize
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#17330862339711276-973: The Korea Aerospace Research Institute , but the satellite is now planned to be launched by the Vega-C launch vehicle. Lockheed Martin The Lockheed Martin Corporation is an American defense and aerospace manufacturer with worldwide interests. It was formed by the merger of Lockheed Corporation with Martin Marietta in March 1995. It is headquartered in North Bethesda, Maryland . As of January 2022, Lockheed Martin employs approximately 115,000 employees worldwide, including about 60,000 engineers and scientists. Reports from 2024 estimate that Lockheed Martin Corporation (LMT) holds
1334-649: The V-280 Valor tiltrotor for the Future Vertical Lift (FVL) program. In September 2013, Lockheed Martin acquired the Scotland -based tech firm, Amor Group , saying the deal would aid its plans to expand internationally and into non-defense markets. On November 14, 2013, Lockheed announced they would be closing their Akron, Ohio facility laying off 500 employees and transferring other employees to other locations. In March 2014, Lockheed Martin acquired Beontra AG,
1392-636: The C-5. On March 31, 2015, the US Navy awarded Lockheed Martin a contract worth $ 362 million for the construction of Freedom-class ship LCS 21 and $ 79 million for advance procurement for LCS 23. The Freedom-class ships are built by Fincantieri Marinette Marine in Marinette, Wisconsin . In December 2015, Lockheed won an $ 867 million seven-year contract to train Australia 's next generation of military pilots . The deal also has
1450-596: The DSCS-3 satellite. Martin Marietta products included Titan rockets , Sandia National Laboratories (management contract acquired in 1993), Space Shuttle External Tank , Viking 1 and Viking 2 landers, the Transfer Orbit Stage (under subcontract to Orbital Sciences Corporation ) and various satellite models. On April 22, 1996, Lockheed Martin completed the acquisition of Loral Corporation 's defense electronics and system integration businesses for $ 9.1 billion,
1508-557: The International Space Station. In August 2007, Lockheed Martin acquired 3Dsolve, a Cary, North Carolina , company that created simulations and training modules for the military and corporate clients. Renamed Lockheed Martin 3D Learning Systems, the company remained in Cary with 3D's founder Richard Boyd as director. The name was eventually shortened to Lockheed Martin 3D Solutions. On August 13, 2008, Lockheed Martin acquired
1566-453: The Moon for NASA, worth $ 2.6 billion. Lockheed Martin plans to formally propose a lander called McCandless Lunar Lander , named after the late astronaut and former Lockheed Martin employee Bruce McCandless II, who in 1984 performed the first free-flying spacewalk without a lifeline to the orbiting shuttle, using a jetpack built by the company. This lander would be based on the successful design of
1624-732: The Moon. In January 2020, the Naval Sea Systems Command awarded Lockheed Martin with a $ 138 million contract related with the AEGIS Combat System Engineering Agent (CSEA). The LMT Rotary and Mission Systems (RMS) unit of the company is to develop, integrate, test, and deliver the AEGIS Advanced Capability Build (ACB) 20 integrated combat system. Martin will work on the AEGIS in New Jersey. The project
1682-706: The Proton launch vehicle, so no longer offered Atlas launches. The first Atlas launch was the Atlas IIAS Intelsat 704 launch on 10 January 1995 and the last was the Atlas V Astra 1KR launch on 20 April 2006. ILS began marketing the Angara rocket to commercial customers in July 2015. The company's first commercial Angara mission is expected to launch in no earlier than 2023 carrying Kompsat 6, an Earth observation satellite operated by
1740-414: The Proton launch vehicles to commercial clients. Terms of the transaction were not disclosed. All Atlas V launches are now managed by United Launch Alliance , a joint-venture between Lockheed Martin and Boeing ( IDS/Defense, Space & Security/Launch Services ) formed in December 2006, with all commercial Atlas V launches sub-contracted for ULA by LMCLS. In October 2006, Krunichev spokesman said that
1798-572: The U.S. Government $ 2 million to settle allegations that the company submitted false claims on a U.S. government contract for that amount. The allegations came from a contract with the Naval Oceanographic Office Major Shared Resource Center in Mississippi. On May 25, 2011, Lockheed Martin bought the first Quantum Computing System from D-Wave Systems . Lockheed Martin and D-Wave will collaborate to realize
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1856-492: The United States and the United Kingdom, including Lockheed Martin, that supplied weapons to Israel during the 2023 Israel–Hamas war . In March 2024, Lockheed Martin submitted a bid to acquire Terran Orbital. On June 28, 2024, the U.S. Army awarded Lockheed Martin a $ 4.5 billion contract to supply Patriot Advanced Capability-3 (PAC-3) missiles. The contract included 870 PAC-3 MSE missiles and related hardware. Lockheed
1914-469: The benefits of a computing platform based upon a quantum annealing processor , as applied to some of Lockheed Martin's most challenging computation problems. Lockheed Martin established a multi-year contract that includes one system, maintenance, and services, and represents a potentially important milestone for both companies. On May 28, 2011, it was reported that a cyberattack using previously stolen EMC files had broken through to sensitive materials at
1972-567: The combined companies would be at Martin Marietta headquarters in North Bethesda, Maryland . The deal was finalized on March 15, 1995, when the two companies' shareholders approved the merger. The segments of the two companies not retained by the new company formed the basis for L-3 Communications , a mid-size defense contractor in its own right. Lockheed Martin also later spun off the materials company Martin Marietta Materials . The company's executives received large bonuses directly from
2030-453: The company's F-35 fighter program. The general said: "I want them both to start behaving like they want to be around for 40 years ... I want them to take on some of the risk of this program. I want them to invest in cost reductions. I want them to do the things that will build a better relationship. I'm not getting all that love yet." The criticism came in the wake of previous criticism from former Defense Secretary Robert Gates regarding
2088-432: The company. For the fiscal year 2020, Lockheed Martin reported earnings of $ 6.833 billion, with an annual revenue of $ 65.398 billion, an increase of 9.3% over the previous year. Backlog was 144.0 billion at the end of 2019, up from 130.5 billion at the end of the 2018. Firm orders were $ 94.5 billion at the end of 2019. Its shares traded at over $ 389 per share. Its market capitalization was valued at US$ 109.83 billion at
2146-526: The contractor. It is unclear if the Lockheed incident is the specific prompt whereby on June 1, 2011, the new United States military strategy, makes explicit that a cyberattack is casus belli for a traditional act of war. On July 10, 2012, Lockheed Martin announced it was cutting its workforce by 740 workers to reduce costs and remain competitive as necessary for future growth. On November 27, 2012, Lockheed Martin announced that Marillyn Hewson would become
2204-603: The corporation's chief executive officer on January 1, 2013. On January 7, 2013, Lockheed Martin Canada announced that it would be acquiring the engine maintenance, repair, and overhaul assets from Aveos Fleet Performance in Montreal , Quebec , Canada. On July 3, 2013, Lockheed Martin announced that it was partnering with DreamHammer to use the company's software for integrated command and control of its unmanned aerial vehicles. Lockheed Martin teamed up with Bell Helicopter to propose
2262-797: The deal having been announced in January. The remainder of Loral became Loral Space & Communications . Lockheed Martin abandoned plans for an $ 8.3 billion merger with Northrop Grumman on July 16, 1998, due to government concerns over the potential strength of the new group; Lockheed/Northrop would have had control of 25% of the Department of Defense's procurement budget. For the Mars Climate Orbiter , Lockheed Martin incorrectly provided NASA with software using measurements in US Customary force units when metric units were expected; this resulted in
2320-422: The defense contractor had sold overpriced perishable tools used on many contracts. The DOJ said the allegations were based specifically on the subsidiary Tools & Metals Inc's inflation of costs between 1998 and 2005, which Lockheed Martin then passed on to the U.S. government under its contracts. Further, in March 2006, Todd B. Loftis, a former TMI president, was sentenced to 87 months in prison and ordered to pay
2378-589: The dilemma that within 10 years, 100,000 of the about 130,000 Lockheed Martin employees – more than three-quarters – would be retiring. On August 31, 2006, Lockheed Martin won a $ 3.9 billion contract from NASA to design and build the CEV capsule, later named Orion for the Ares I rocket in the Constellation Program. In 2009, NASA reduced the capsule crew requirements from the initial six seats to four for transport to
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2436-505: The end of 2019. Lockheed Martin ranked No. 60 in the 2019 Fortune 500 list of the largest United States corporations by total revenue (down from No. 59 in 2018). Lockheed Martin Corporation reported Total CO₂e emissions (Direct + Indirect) for the twelve months ending 31 December 2020 at 919 Kt (-49 /-5.1% y-o-y). Lockheed Martin received $ 36 billion in government contracts in 2008 alone; more than any company in history. It does work for more than two dozen government agencies from
2494-596: The firm was ready to buy the stake being sold by Lockheed Martin . Russian space agency spokesman said that despite that Lockheed is selling its stake to Space Transport, Khrunichev may eventually end up owning it. He expressed the desire of the Russian side to increase its presence in the joint venture. Space Transport Inc, registered in the British Virgin Islands and headquartered in Moscow , denied that it would be selling
2552-688: The funds paid out by the Pentagon . In 2009, US government contracts accounted for $ 38.4 billion (85%), foreign government contracts for $ 5.8 billion (13%), and commercial and other contracts for $ 900 million (2%). Half of the corporation's annual sales are to the U.S. Department of Defense . Lockheed Martin is also a contractor for the U.S. Department of Energy and the National Aeronautics and Space Administration ( NASA ). Lockheed Martin operates in four business segments: Aeronautics , Missiles and Fire Control (MFC), Rotary and Mission Systems (RMS), and Space . The company has received
2610-536: The future, in order to bring "pricing squarely in line with our customer's needs..." and to jointly work on solutions that facilitate "...better products, more services [...] and a capability to implement a broader and more flexible set of strategic launch agreements...". ILS' ownership structure remains unchanged and it continues to act independently as an American corporation. Any future change contemplated to change ILS' ownership structure, in place since 2008, would be subject to regulatory approvals. In May 2008, ILS had
2668-508: The government as a result of the merger. Norman R. Augustine , who was at the time CEO of Martin Marietta, received an $ 8.2 million bonus. Both companies contributed important products to the new portfolio. Lockheed products included the Trident missile , P-3 Orion maritime patrol aircraft , U-2 and SR-71 Blackbird reconnaissance airplanes , F-117 Nighthawk , F-16 Fighting Falcon , F-22 Raptor , C-130 Hercules , A-4AR Fightinghawk and
2726-449: The government business unit of Nantero, Inc., a company that had developed methods and processes for incorporating carbon nanotubes in next-generation electronic devices. In 2009, Lockheed Martin bought Unitech. On November 18, 2010, Lockheed Martin announced that it would be closing its Eagan, Minnesota , location by 2013 to reduce costs and optimize capacity at its locations nationwide. In January 2011, Lockheed Martin agreed to pay
2784-403: The less powerful Falcon 9 v1.1 rocket, and there were no spare Ariane 5 launch opportunities, so Proton customers cannot easily switch to other launchers. However, as of 2018, the Proton rockets had a very low launch rate with no commercial launches in 2018 and two commercial launches in 2019 due to multiple factors including the emergence of new commercial launch providers like SpaceX and
2842-693: The loss of the Orbiter at a cost of $ 125 million. The development of the spacecraft cost $ 193 million. In addition to their military products, in the 1990s Lockheed Martin developed the texture mapping chip for the Sega Model 2 arcade system board and the entire graphics system for the Sega Model 3 , which were used to power some of the most popular arcade games of the time. In May 2001, Lockheed Martin sold Lockheed Martin Control Systems to BAE Systems . On November 27, 2000, Lockheed completed
2900-525: The new USAF Space Fence ( AFSSS replacement), and is the primary contractor for the development of the Orion command module. The company also invests in healthcare systems, renewable energy systems, intelligent energy distribution , and compact nuclear fusion . Merger talks between Lockheed Corporation and Martin Marietta began in March 1994, with the companies announcing their $ 10 billion planned merger on August 30, 1994. The headquarters for
2958-520: The option to extend this contract across 26 years, which would greatly increase the deal's value. In August 2016, Canadian Forces Maritime tested an integrated submarine combat system developed by Lockheed Martin. The test marked Canada's first use of the combat system with the MK 48 heavyweight torpedo, variant 7AT. The same month, a deal to merge Leidos with the entirety of Lockheed Martin's Information Systems & Global Solutions (IS&GS) business came to
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#17330862339713016-584: The sale of its Aerospace Electronic Systems business to BAE Systems for $ 1.67 billion, a deal announced in July 2000. This group encompassed Sanders Associates , Fairchild Systems , and Lockheed Martin Space Electronics & Communications. In 2001, Lockheed Martin won the contract to build the F-35 Lightning II ; this was the largest fighter aircraft procurement project since the F-16, with an initial order of 3,000 aircraft. In 2001, Lockheed Martin settled
3074-541: The stake. In May 2008, Khrunichev State Research and Production Space Center , a Russian company, acquired all of Space Transport's interest and is now the majority shareholder in ILS. ILS will remain an American company and headquarters are currently in Reston , Virginia , near Washington, D.C. where approximately 60 employees are based. In April 2019, Glavkosmos and ILS announced that they will be working closer together in
3132-544: Was again deactivated and placed into storage. It was permanently retired from service and raised to a graveyard orbit on 14 June 2007. International Launch Services International Launch Services, Inc. ( ILS ) is a joint venture with exclusive rights to the worldwide sale of commercial Angara and Proton rocket launch services. Proton launches take place at the Baikonur Cosmodrome in Kazakhstan while Angara
3190-410: Was drawing more power than expected, and generating noise , visible in some of the images it returned. After the other wheel started developing the same problem in July, a decision was made to replace GOES-9 with the backup satellite, GOES-10. GOES-10 took over imagery at the end of July, and reached 135° West in August. Following replacement, GOES-9 was moved back to 105° West, and placed into storage as
3248-548: Was expected to close in first quarter of 2022. On February 13, 2022, Lockheed abandoned the deal following regulatory disapproval. In 2022, during the Russian invasion of Ukraine , major arms manufacturers, including Lockheed Martin, reported a sharp increase in interim sales and profits. In May 2023, Lockheed formed a new microelectronics subsidiary ForwardEdge ASIC to design custom application-specific integrated circuits for its customers. In November 2023, attempts at Direct action were taken against arms companies in
3306-578: Was formed specifically for this transaction by Mario Lemme, who has been a consultant to ILS since its inception and a board member for more than three years. The transaction between Lockheed Martin and Space Transport Inc. completed in October 2006. Lockheed Martin has retained all rights related to marketing the commercial Atlas vehicle and is continuing to offer Atlas launch services to the worldwide commercial market through its subsidiary, Lockheed Martin Commercial Launch Services, Inc. (LMCLS). ILS, no longer affiliated with Lockheed Martin, continued to market
3364-414: Was tasked with manufacturing the newest version of these interceptors, with each PAC-3 MSE missile costing approximately $ 4 million, as per Army budget documents. On October 9, 2024, Lockheed Martin announced the appointment of Chauncey McIntosh as vice president and general manager of the F-35 Lightning II Program, effective December 1, 2024. He succeeded Bridget Lauderdale, who retired after 38 years with
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