Raytheon in quick succession Dallas-based E-Systems (1995), Chrysler Corporation's defense electronics and aircraft-modification businesses, which had previously acquired companies such as Electrospace systems (1996) (portions of these businesses were later sold to L-3 Communications), and the defense unit of Texas Instruments—Defense Systems & Electronics Group (1997). Also in 1997, Raytheon acquired the aerospace and defense business of Hughes Aircraft Company from Hughes Electronics Corporation—a subsidiary of General Motors, which included a number of product lines previously purchased by Hughes Electronics including the former General Dynamics missile business (Pomona facility), the defense portion of Delco Electronics (Delco Systems Operations), and Magnavox Electronic
Lockheed Martin 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 2017 Lockheed Martin shares are mainly held by institutional investors (State Street Corporation, Capital Group Companies, Vanguard group, BlackRock, and others) Lockheed Martin is listed as the largest U.S. government contractor and "ranks third for number of incidents, and twenty-first for 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