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Lockheed Corporation was an aerospace company founded in 1912 which merged with Martin Marietta in 1995 to form Lockheed Martin.
HistoryThe Alco Hydro-Aeroplane Company was established in 1912 by the brothers Allan and Malcolm Loughhead. This company was renamed the Loughead Aircraft Manufacturing Company and located in Santa Barbara, California. In 1926, following the failure of Loughead, Allan Loughead formed the Lockheed Aircraft Company (phonetically spelled to avoid confusion) in Hollywood, California. In 1929 Lockheed became a division of Detroit Aircraft. When Detroit Aircraft went bankrupt during the Great Depression, a group of investors headed by brothers Robert and Courtland Gross bought the company out of receivership in 1932. In 1934 Robert Gross was named chairman of the new company, the Lockheed Corporation, which was headquartered at the Burbank, California, airport. The company remained here for many years before moving to Calabasas, California. In 1943 Lockheed began, in secrecy, development of a new fighter at its Burbank facility. This site adopts the name the "Skunk Works". In 1954 the first flight of the Lockheed C-130 Hercules took place, the aircraft is still produced in 2005. In 1956 Lockheed received a contract for the development of the Polaris Submarine Launched Ballistic Missile (SLBM), this would be followed by the Poseidon and Trident nuclear missiles. In 1976 the Skunk Works began development of the F-117 Stealth Fighter. Timeline
Product listPlanesSome famous Lockheed planes:
MissilesExternal links
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