Is Martin company state-owned or private?

Lockheed Martin is a private enterprise.

Lockheed Martin Company, full name Lockheed Martin Space Systems Company (LMT), formerly Lockheed Company, was established in 19 12, and is an American aerospace manufacturer.

On 1995, the company merged with Martin marietta and changed its name to Lockheed Martin. Lockheed Martin is headquartered in Bethesda, montgomery county, Maryland.

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The Social Impact of Martin Company

Few people know that Lockheed Martin writes even more software codes every year than Microsoft. To this end, Microsoft and Lockheed Martin have established a strategic cooperative relationship and cooperated on some US government defense projects.

For example, the US Navy's next-generation nuclear-powered aircraft carrier software and the Department of Defense's information security system will help the US Air Force to upgrade its technology in a large space command and control center in North America and * * * open up a lucrative technical service market for federal government agencies.

Leading Change It is not so much that Lockheed Martin led the trend of military reform with technological innovation, but rather that its technical reserves and R&D capabilities gave it more opportunities to win the war, especially the strategic shift of "network-centric warfare", which made Lockheed Martin a shoo-in in in the military reform led by US Secretary of Defense Rumsfeld at the beginning of this century. "