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.