(The Model 2 Organization: Making Your Company Safe for Zealots) Thus the main strength is in the organization while the weaknesses are in the diversifications that it has gone through.
To summarize, Lockheed Martin is one of the largest players in the defense industry and they are well diversified so that they can take advantage of any changes. Whatever may happen, it does not seem that the business of war is going out of fashion. The company has to continue looking out for areas in which business of war is going to get into in the future and shift their activity in that line to the extent possible.
References
Golden, Liesel A; Harris, William S; Jackson, Jeffrey A. (April 1998) "Winning wars quicker with less casualties and resulting in a better State of Peace"...
This continues act as a barrier to entry for aerospace manufacturers located throughout Asia, specifically China, who are looking to capitalize on increased government spending on defense. The costs associated with hiring, retaining employees and funding security clearances for employees in this industry makes recruitment and retention critical. As a result of all these factors combined the barriers to entry are exceptionally high in the global military aerospace products
It also develops and integrates spacecraft systems and subsystems, electronic and communications payloads, intercontinental ballistic missile systems, and high energy laser systems and subsystems in the areas of space, defense, and electronics technology (Northrop Grumman Corporation (NOC), 2009). The Raytheon Company designs, develops, manufactures, integrates, and supports technological products, services, and solutions for governmental and commercial customers in the United States as a well as internationally. It does business in
Corporate Analysis Company Studied Lockheed Martin Articles you read about each company (online or print) http://www.lockheedmartin.com/us/news/press-releases/2012/february/isgs-jieddo-ops-0207.html http://www.google.com/finance?client=ob&q=NYSE:LMT http://finance.yahoo.com/q/pr?s=LMT+Profile http://www.marketwatch.com/investing/stock/lmt Lockheed Martin Corporation-2010 Annual Report Notice of 2011 Annual Meeting of Stockholders Number of countries the company does business in (75 Internationally, in addition to U.S.) Headquarters location 6801 Rockledge Dr., Bethesda, MD 20817, USA Number of employees Gross Revenue in most recent year available $46.5 billion Names of the Chairman of the Board, CEO, President, CFO Board Chairman and CEO: Robert J. Stevens, President and COO: Christopher E.
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