Lockheed Martin Space Systems Lockheed Martin Space Systems Lockheed Martin Space is one of the four major business divisions of Lockheed Martin. It has its headquarters in Denver, Colorado with additional sites in Sunnyvale, California; Santa Cruz, California; Huntsville, Alabama; and elsewhere in the US and UK. The division currently employs about 16,000 people, and its most notable products are commercial and military satellites, space probes, missile defense systems, NASA's Orion Multi-Purpose Crew Vehicle, and the Space Shuttle External Tank. The Lockheed Missile Systems Division was established in Van Nuys, Ca. in late 1953 to consolidate work on the Lockheed X-17 & X-7. The
Lockheed Martin $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 the C-5. On March 31, 2015, the US Navy awarded Lockheed Martin a contract worth $362 million for construction of Freedom-class ship LCS 21 and $79 million for advanced procurement for LCS 23. The Freedom-class ships are built by