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10. Payment - ready to pay for your Lockheed Corporation, then use your credit card or PayPal! Be aware of companies that don't accept them, there may be genuine reasons but given the huge amount of choice you have when buying online there is no reason at all not to buy via credit card or PayPal.

{{Infobox Defunct Company| company_name = Lockheed Corporation| company_logo = | fate = Merged with Martin Marietta| defunct = [1995 | successor = [Lockheed Martin-->

Lockheed Corporation (originally Loughead Aircraft Manufacturing Company) was an United States aerospace company originally founded in 1912 in aviation which merged with Martin Marietta in 1995 in aviation to form Lockheed Martin.

History Origins The Alco Hydro-Aeroplane Company was established in 1912 by the brothers Allan Loughead and Malcolm Loughead. This company was renamed the Loughead Aircraft Manufacturing Company and located in Santa Barbara, California.

In 1926 in aviation, following the failure of Loughead, Allan Loughead formed the Lockheed Aircraft Company (the spelling was changed to match its phonetic pronunciation) in Hollywood, California. In 1929 in aviation Lockheed sold out to Detroit Aircraft Corporation.

The Great Depression ruined the aircraft market, and Detroit Aircraft went bankrupt. A group of investors headed by brothers Robert and Courtland Gross bought the company out of receivership in 1932 in aviation. The syndicate bought the company for a mere $40,000. Ironically, Allan Loughead himself had planned to bid for his own company, but had raised "only" $50,000, which he felt was too small a sum for a serious bid.

In 1934 in aviation, Robert E. Gross was named chairman of the new company, the Lockheed Corporation, which was headquartered at the Bob Hope Airport in Burbank, California. The company remained there for many years before moving to Calabasas, California.

The first successful construction that was built in any number (141 aircraft) was the Lockheed Vega, best known for its use to several first- and record setting flights by, amongst others, Amelia Earhart, Wiley Post and George Hubert Wilkins

In the 1930s, Lockheed spent $139,400 to develop the Lockheed L-10 Electra, a small twin-engine transport. The company sold 40 in the first year of production. Amelia Earheart and her navigator, Fred Noonan, flew this plane on their failed attempt to circumnavigate the world in 1937 in aviation. The Electra also formed the basis for the Lockheed Hudson bomber, which was supplied to both the British Royal Air Force and the United States military before and during World War II. Its primary role was submarine hunting.

Production during World War II At the beginning of World War II, Lockheed — under the guidance of Clarence Johnson, one of the best known American aircraft designers — answered a specification for an interceptor by submitting the P-38 Lightning fighter plane, a somewhat unorthodox twin-engine, twin-boom design. The P-38 was the only U.S. fighter design to be built for the entire duration of the war. It filled ground attack, air-to-air, and even strategic bombing roles in all theatres of the war. The P-38 was responsible for shooting down more Japanese aircraft than any other type during the war; it also participated in the famous mission to kill Japanese Admiral Isoroku Yamamoto, the mastermind of the Pearl Harbor attack. Also under Johnson, Lockheed developed a larger, less-successful version of the P-38.

was developed during World War II and served as both a civilian airliner and a military transport.

All told, Lockheed and its subsidiary Vega Aircraft Corporation produced 19,278 aircraft during World War II, representing 6% of those produced in the war. This included 2,600 Lockheed Ventura, 2,750 B-17 Flying Fortresses (built under license for Boeing), 2,900 Hudsons, and 9,000 Lightnings.TIME, January 14, 1946.

Postwar production During World War II, Lockheed, in cooperation with Trans-World Airlines (TWA), had developed the L049 Lockheed Constellation, a radical new airliner capable of flying 43 passengers between New York City and London at a speed of 300 mph in 13 hours. Once the Constellation (affectionately called "Connie") went into the production, the military received the first production models. After the war, the airlines received their original orders of Constellations. This gave Lockheed more than a year's head-start over other aircraft manufacturers in what was easily foreseen as the post-war modernisation of civilian air travel. The Constellations performance set new standards which did in fact transform the civilian transportation market, but its signature tri-tail was the result of many of their initial customers not having hangars tall enough for a more conventional tail.

Lockheed produced a larger transport, the double-decked Lockheed R6V, which was intended to make the Constellation obsolete. However, the design proved underpowered, and only two prototypes were ever built.

Skunk Works , which first flew in 1955, provided much needed intelligence on Soviet bloc countries. was remarkably advanced for its time and remains unsurpassed in many areas of performance. serves as the primary tactical transport for military forces worldwide.

In 1943 in aviation, Lockheed began, in secrecy, development of a new jet fighter at its Burbank facility. This fighter, the P-80 Shooting Star, became the first American jet fighter to score a kill. It also recorded the first jet-to-jet aerial kill, downing a MiG-15 in Korea, although by this time the F-80 (as it came to be known in June 1948) was already considered obsolete. http://home.att.net/~jbaugher1/p80_12.html

Starting with the P-80, Lockheed's secret development work was conducted by its Advanced Development Division, more commonly known as the Skunk works. This organization has become famous and has spawned many successful Lockheed designs, including the Lockheed U-2 (late 1950s), SR-71 Blackbird (1962) and F-117 Nighthawk stealth fighter (1970s). The Skunk Works often created high quality designs in a short time and sometimes with limited resources. Today the generic term "skunk works" implies a place for the development of secret projects.

Projects during the Cold War In 1954 in aviation, the C-130 Hercules, a durable four-engined transport, flew for the first time. The type remains in production in 2007.

In 1956, Lockheed received a contract for the development of the UGM-27 Polaris Submarine Launched Ballistic Missile (Submarine Launched Ballistic Missile), this would be followed by the Poseidon and Trident nuclear missiles.

During the 1960s, Lockheed began development for two large aircraft: the C-5 Galaxy military transport and the Lockheed L-1011 wide-body civil airliner. Both projects encountered delays and cost overruns. The C-5 was built to unclear initial requirements and suffered from structural weaknesses, which Lockheed was forced to correct with its own money. The Tristar competed for the same market as the Douglas DC-10; delays in Rolls-Royce RB211 engine development caused the Tristar to fall behind the DC-10. Both the C-5 and L-1011 projects caused Lockheed to lose money during the 1970s.

Other Lockheed designs included the F-104 Starfighter (late 1950s), the world's first Mach 2 fighter plane; jet transport; and the C-141 Starlifter and four-engined jet transports.

Lockheed bribery scandals The Lockheed bribery scandals encompassed a series of illegal bribery and contributions made by Lockheed officials from the late 1950s to the 1970s. In late 1975 and early 1976, a sub-committee of the U.S. Senate led by Senator Frank Church concluded that members of the Lockheed board had paid members of friendly governments to guarantee contracts for military aircraft FJS (German language). In 1976, it was publicly revealed that Lockheed had paid $22 million in bribes to foreign officials Time magazine in the process of negotiating the sale of aircraft including the F-104 Starfighter, the so-called "Deal of the Century".

The scandal caused considerable political controversy in West Germany, the Netherlands and Japan. In the U.S. the scandal nearly led to the ailing corporation's downfall, as it was already struggling due to the commercial failure of the L-1011 airliner.

Timeline



Divisions Lockheed's operations were divided between several groups and divisions, many of which continue to operate within Lockheed Martin.Francillon, René J. Lockheed Aircraft since 1913. Annapolis: Naval Institute Press, 1987, pp. 47-49.

Aeronautical Systems Group

Missiles, Space, and Electronics Systems Group

Marine Systems Group

Information Systems Group

Product list .

A partial listing of aircraft and other vehicles produced by Lockheed.

Airliners and civil transports

Military transports

Fighters

Patrol and reconnaissance

Helicopters

Missiles

Space technology

Sea vessels

References

Further reading

See also

External links

{{Infobox Defunct Company| company_name = Lockheed Corporation| company_logo = | fate = Merged with Martin Marietta| defunct = [1995 | successor = [Lockheed Martin-->

Lockheed Corporation (originally Loughead Aircraft Manufacturing Company) was an United States aerospace company originally founded in 1912 in aviation which merged with Martin Marietta in 1995 in aviation to form Lockheed Martin.

History Origins The Alco Hydro-Aeroplane Company was established in 1912 by the brothers Allan Loughead and Malcolm Loughead. This company was renamed the Loughead Aircraft Manufacturing Company and located in Santa Barbara, California.

In 1926 in aviation, following the failure of Loughead, Allan Loughead formed the Lockheed Aircraft Company (the spelling was changed to match its phonetic pronunciation) in Hollywood, California. In 1929 in aviation Lockheed sold out to Detroit Aircraft Corporation.

The Great Depression ruined the aircraft market, and Detroit Aircraft went bankrupt. A group of investors headed by brothers Robert and Courtland Gross bought the company out of receivership in 1932 in aviation. The syndicate bought the company for a mere $40,000. Ironically, Allan Loughead himself had planned to bid for his own company, but had raised "only" $50,000, which he felt was too small a sum for a serious bid.

In 1934 in aviation, Robert E. Gross was named chairman of the new company, the Lockheed Corporation, which was headquartered at the Bob Hope Airport in Burbank, California. The company remained there for many years before moving to Calabasas, California.

The first successful construction that was built in any number (141 aircraft) was the Lockheed Vega, best known for its use to several first- and record setting flights by, amongst others, Amelia Earhart, Wiley Post and George Hubert Wilkins

In the 1930s, Lockheed spent $139,400 to develop the Lockheed L-10 Electra, a small twin-engine transport. The company sold 40 in the first year of production. Amelia Earheart and her navigator, Fred Noonan, flew this plane on their failed attempt to circumnavigate the world in 1937 in aviation. The Electra also formed the basis for the Lockheed Hudson bomber, which was supplied to both the British Royal Air Force and the United States military before and during World War II. Its primary role was submarine hunting.

Production during World War II At the beginning of World War II, Lockheed — under the guidance of Clarence Johnson, one of the best known American aircraft designers — answered a specification for an interceptor by submitting the P-38 Lightning fighter plane, a somewhat unorthodox twin-engine, twin-boom design. The P-38 was the only U.S. fighter design to be built for the entire duration of the war. It filled ground attack, air-to-air, and even strategic bombing roles in all theatres of the war. The P-38 was responsible for shooting down more Japanese aircraft than any other type during the war; it also participated in the famous mission to kill Japanese Admiral Isoroku Yamamoto, the mastermind of the Pearl Harbor attack. Also under Johnson, Lockheed developed a larger, less-successful version of the P-38.

was developed during World War II and served as both a civilian airliner and a military transport.

All told, Lockheed and its subsidiary Vega Aircraft Corporation produced 19,278 aircraft during World War II, representing 6% of those produced in the war. This included 2,600 Lockheed Ventura, 2,750 B-17 Flying Fortresses (built under license for Boeing), 2,900 Hudsons, and 9,000 Lightnings.TIME, January 14, 1946.

Postwar production During World War II, Lockheed, in cooperation with Trans-World Airlines (TWA), had developed the L049 Lockheed Constellation, a radical new airliner capable of flying 43 passengers between New York City and London at a speed of 300 mph in 13 hours. Once the Constellation (affectionately called "Connie") went into the production, the military received the first production models. After the war, the airlines received their original orders of Constellations. This gave Lockheed more than a year's head-start over other aircraft manufacturers in what was easily foreseen as the post-war modernisation of civilian air travel. The Constellations performance set new standards which did in fact transform the civilian transportation market, but its signature tri-tail was the result of many of their initial customers not having hangars tall enough for a more conventional tail.

Lockheed produced a larger transport, the double-decked Lockheed R6V, which was intended to make the Constellation obsolete. However, the design proved underpowered, and only two prototypes were ever built.

Skunk Works , which first flew in 1955, provided much needed intelligence on Soviet bloc countries. was remarkably advanced for its time and remains unsurpassed in many areas of performance. serves as the primary tactical transport for military forces worldwide.

In 1943 in aviation, Lockheed began, in secrecy, development of a new jet fighter at its Burbank facility. This fighter, the P-80 Shooting Star, became the first American jet fighter to score a kill. It also recorded the first jet-to-jet aerial kill, downing a MiG-15 in Korea, although by this time the F-80 (as it came to be known in June 1948) was already considered obsolete. http://home.att.net/~jbaugher1/p80_12.html

Starting with the P-80, Lockheed's secret development work was conducted by its Advanced Development Division, more commonly known as the Skunk works. This organization has become famous and has spawned many successful Lockheed designs, including the Lockheed U-2 (late 1950s), SR-71 Blackbird (1962) and F-117 Nighthawk stealth fighter (1970s). The Skunk Works often created high quality designs in a short time and sometimes with limited resources. Today the generic term "skunk works" implies a place for the development of secret projects.

Projects during the Cold War In 1954 in aviation, the C-130 Hercules, a durable four-engined transport, flew for the first time. The type remains in production in 2007.

In 1956, Lockheed received a contract for the development of the UGM-27 Polaris Submarine Launched Ballistic Missile (Submarine Launched Ballistic Missile), this would be followed by the Poseidon and Trident nuclear missiles.

During the 1960s, Lockheed began development for two large aircraft: the C-5 Galaxy military transport and the Lockheed L-1011 wide-body civil airliner. Both projects encountered delays and cost overruns. The C-5 was built to unclear initial requirements and suffered from structural weaknesses, which Lockheed was forced to correct with its own money. The Tristar competed for the same market as the Douglas DC-10; delays in Rolls-Royce RB211 engine development caused the Tristar to fall behind the DC-10. Both the C-5 and L-1011 projects caused Lockheed to lose money during the 1970s.

Other Lockheed designs included the F-104 Starfighter (late 1950s), the world's first Mach 2 fighter plane; jet transport; and the C-141 Starlifter and four-engined jet transports.

Lockheed bribery scandals The Lockheed bribery scandals encompassed a series of illegal bribery and contributions made by Lockheed officials from the late 1950s to the 1970s. In late 1975 and early 1976, a sub-committee of the U.S. Senate led by Senator Frank Church concluded that members of the Lockheed board had paid members of friendly governments to guarantee contracts for military aircraft FJS (German language). In 1976, it was publicly revealed that Lockheed had paid $22 million in bribes to foreign officials Time magazine in the process of negotiating the sale of aircraft including the F-104 Starfighter, the so-called "Deal of the Century".

The scandal caused considerable political controversy in West Germany, the Netherlands and Japan. In the U.S. the scandal nearly led to the ailing corporation's downfall, as it was already struggling due to the commercial failure of the L-1011 airliner.

Timeline



Divisions Lockheed's operations were divided between several groups and divisions, many of which continue to operate within Lockheed Martin.Francillon, René J. Lockheed Aircraft since 1913. Annapolis: Naval Institute Press, 1987, pp. 47-49.

Aeronautical Systems Group

Missiles, Space, and Electronics Systems Group

Marine Systems Group

Information Systems Group

Product list .

A partial listing of aircraft and other vehicles produced by Lockheed.

Airliners and civil transports

Military transports

Fighters

Patrol and reconnaissance

Helicopters

Missiles

Space technology

Sea vessels

References

Further reading

See also

External links



Lockheed - Wikipedia, the free encyclopedia
The Lockheed Corporation (originally Loughead Aircraft Manufacturing Company) was an American aerospace company founded in 1912 which merged with Martin Marietta in 1995 to form ...

Lockheed L-1011 - Wikipedia, the free encyclopedia
The Lockheed L-1011 TriStar, commonly referred to as just L-1011 (pronounced "ell-ten-eleven"), was the third widebody passenger jet airliner to enter operation, following the ...

Category:Lockheed - Wikimedia Commons
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Acronym Definition; LAC: L-Acetylcarnitine: LAC: L2TP Access Concentrator: LAC: Labor Advisory Committee: LAC: Laboratory Academic Committee (China) LAC: Laboratory Advisory ...

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Google Finance: Lockheed Martin Corporation
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Lockheed Corporation



 
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