Lockheed Martin Completes Integration of Energy Portfolio

 Lockheed Martin Completes Integration of Energy Portfolio

Lockheed Martin has formed a single commercial line of business after combining its energy products and technologies.  The new company is named Lockheed Martin Energy.

“For decades, we have been investing in smart, natural and safe energy technologies,” said Frank Armijo, newly-appointed vice president of Lockheed Martin Energy.  “With our broad energy capabilities now under a single organization, we’ll focus our business growth strategy, enhance collaboration, advance new technology – and ultimately build Lockheed Martin Energy into a true leader in the expanding energy market.”

The integration began in the summer of 2015.  The new business offers a comprehensive line of energy solutions, including energy management, energy storage, nuclear systems, ocean technologies and bioenergy.

Lockheed Martin Energy will also apply advanced cyber-security architectures throughout its energy offerings.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...