Post 200: Top D.C.-Area Businesses

Lockheed Martin Corp. / LMT

Personnel at the Lockheed Flight Services Station in Ashburn help private pilots with flight planning.

Personnel at the Lockheed Flight Services Station in Ashburn help private pilots with flight planning. (Photo: Courtesy of company.)

About Lockheed Martin Corp.

6801 Rockledge Dr., Bethesda, Md. 20817
www.lockheedmartin.com | 301-897-6000 | Founded: 1995

Industry: Aerospace And Defense | Category: Top 100 Companies

The world's largest defense contractor, Lockheed makes fighter jets, helicopters, ships, military satellites and rockets, and it designs computer systems for federal and state agencies. Its reach is extensive, with 1,000 facilities in 500 cities and 46 states, and offices in 75 countries and territories. Like other defense contractors, it has benefited from increased defense spending in recent years, even as it is occasionally criticized for rising program costs.

Chairman and president: Robert J. Stevens

Chairman and president: Robert J. Stevens

2007 Financial Data

Total employees: 140,000 | Local employees: 22,600

Company Leadership

Robert J. Stevens Chairman, President and Chief Executive Officer
Robert B. Coutts § Executive Vice President
Ralph D. Heath Executive Vice President - Aeronautics
Christopher E. Kubasik Executive Vice President - Electronic Systems
Linda R. Gooden Executive Vice President - Information Systems and Global Services
Joanne M. Maguire Executive Vice President - Space Systems

Source: Compensation data provided by Equilar, Inc..

Robert J. Stevens
Chairman, President and Chief Executive Officer
$25,962,696
Salary: $1,627,500
Robert B. Coutts §
Executive Vice President
$6,805,270
Salary: $891,346
Ralph D. Heath
Executive Vice President - Aeronautics
$6,303,092
Salary: $646,346
Christopher E. Kubasik
Executive Vice President - Electronic Systems
$5,938,754
Salary: $837,019
Linda R. Gooden
Executive Vice President - Information Systems and Global Services
$4,272,666
Salary: $519,711
Joanne M. Maguire
Executive Vice President - Space Systems
$3,585,559
Salary: $558,077

Did You Know

SHOOT-DOWN: Lockheed Martin's Aegis Ballistic Missile Defense System aboard the cruiser USS Lake Erie was used to successfully destroy an errant U.S. spy satellite in February.

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