Tuesday, 22 February 2011
CASE 223 - Lockheed Martin
Lockheed Martin (NYSE: LMT) is a United States aerospace, defense, security, and advanced technology company with worldwide interests. It was formed by the merger of Lockheed Corporation with Martin Marietta in March 1995. It is headquartered in Bethesda, Maryland, in the Washington Metropolitan Area. Lockheed Martin employs 133,000 people worldwide. Robert J. Stevens is the current Chairman and Chief Executive Officer.
Lockheed Martin is among the very largest defense contractors in the world, and in 2008 70% of Lockheed Martin's revenues came from military sales. It "receives one of every 14 dollars doled out by the Pentagon."
Lockheed Martin operates in four business segments. These comprise, with respective percentages of 2009 total net sales of $45.2 bn, Aeronautics (27%), Electronic Systems (27%), Information Systems & Global Solutions (27%), and Space Systems (19%). In 2009 US Government contracts accounted for $38.4 bn (85%), foreign government contracts $5.8 bn (13%), and commercial and other contracts $0.9 bn (2%). In both 2009 and 2008 the company topped the list of US Federal Contractors.
The company has received the Collier Trophy twice – in 2001 for being part of developing the X-35/F-35B LiftFan Propulsion System, and again in 2006 for leading the team that developed the F-22 Raptor fighter jet.
Here is a nice little selection of LOCKHEED products that assist Governments in spying and killing people who disagree with their beliefs and policies:
Fingerprint ID systems
Phoenix Mars Lander
Mars Global Surveyor (MGS)
2001 Mars Odyssey
Hubble Space Telescope
Spitzer Space Telescope
Nuclear Systems & Solutions
F-16 to the F-22
F-35 Lightning II
Joint Air-to-Surface Standoff Missile (JASSM)
U-2 (shot down over Soviet airspace before)
LOCKHEED MARTIN explains:
“Whether it’s providing satellite imagery to track threats or developing systems to analyze complex security data or deploying fingerprint ID technology for rapid first response, Lockheed Martin offers the depth of expertise and technological capabilities to help protect our homeland… Our information security capabilities span secure communications, computer network defense, intrusion detection and prevention, and the full array of information operations.”
LOCKHEED MARTIN is ruthless and beyond the reach of any real global Government control
One of LOCKHEED’s contracts is with a company called, CIFA, a Defense Department Agency, providing consultancy and staff for data mining and intelligence gathering and got surprisingly got caught ‘illegally obtaining information on American Citizens’ according to The National Security Archive:
“CIFA did not comply with the 90-day retention review policy specified by that directive and the CORNERSTONE database did not have the capability to identify TALON reports with U.S. person information, to identify reports requiring a 90-day retention review, or allow analysts to edit or delete the TALON reports.”
The Defense Advanced Research Project Agency (DARPA) started the Information Awareness Office in 2002, its function was to gather as much information on American citizens as possible and be used by secret agencies. Data Mining included internet activity, rental car records, social security numbers, credit card purchases, driver’s licences, airline tickets, medical records, educational history, utility bills, tax returns, etc.
DARPA was disbanded in 2004, but the data-mining was contracted out to agencies like the National Security Agency (NSA), the Defense Intelligence Agency and the FBI, who contract out to companies like good old LOCKHEED MARTIN.
The US Act that allows Government-appointed agencies to spy on whoever they see fit internationally is the Patriot Act:
“Section 215 of the Patriot Act allows the secretive Foreign Intelligence Surveillance Court (FISC) to authorise broad warrants for nearly any type of record, including those held by banks, libraries, internet service providers, credit card companies, even doctors of ‘persons of interest’.”