LOCKHEED MARTIN was the number one defense company in the U.S. before the Boeing-McDonnell Douglas merger. The company is the result of several mergers an acquisitions since 1993. Lockheed acquired the General Dynamics' Ft. Worth, Texas based Tactical Aircraft division--which built the F-16 fighter--in March of 1993 for $1.52 billion. One month later, Martin Marietta acquired the aerospace assets of General Electric for $3.05 billion. Finally, in what at the time was the largest deal to date, Martin Marietta and Lockheed merged in transaction valued at $10 billion in 1994. The comapny later went on to acquire the defense businesses of Loral to round out its business.

F-22 Raptor Rollout

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