Thursday, April 28, 2005

Lockheed expands its reach

Lockheed expands its reach

Giant military contractor brings story of success to Albuquerque

By James W. Brosnan
Scripps Howard News Service

April 28, 2005

WASHINGTON - The nation's largest military industry contractor traces its heritage to the days when aviators in rickety biplanes made a living selling rides for $5 a head at carnivals.

When Lockheed Martin Corp. stockholders meet in Albuquerque today, they will review the performance of a company with $35.5 billion a year in sales and 130,000 employees.

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