Lockheed Martin 2005 Annual Report Download - page 72
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• Space Systems—Engaged in the design, research, devel-
opment,engineeringandproductionofsatellites,strategic
and defensive missile systems and launch services. The
Satelliteproductlineincludesbothgovernmentandcom-
mercialsatellites.Strategic&DefensiveMissileSystems
include airborne and missile defense technologies and
fleetballisticmissiles.LaunchServicesincludelaunches
on Atlas, Proton, and Titan launch vehicles, and also
includetheSpaceShuttle’sexternaltank.
•
Integrated Systems & Solutions—Engagedin thedesign,
research, development, integration and management of
net-centric solutions supporting the command, control,
communications, computers, intelligence, surveillance
and reconnaissance (C4ISR) activities of the U.S.
Department of Defense (DoD), intelligence agencies,
otherfederalagenciesandalliedcountries.IS&Sprovides
technology,fulllife-cyclesupportandhighlyspecialized
talent in the areas of software and systems engineering,
including expertise in space, air and ground systems.
IS&SservesastheCorporation’sfocalpointforcustom-
ers with joint and net-centric operations requiring over-
arching architectures, horizontal systems integration,
software development, and inter-connected capabilities
forthegathering,processing,storageanddeliveryofon-
demand information for mission management, modeling
and simulation, and large-scale systems integration. In
thatrole,IS&SoperatestheCenterforInnovation,astate-
of-the-artfacilityformodelingandsimulation.
• Information&TechnologyServices—Engagedinawide
arrayofinformationtechnology(IT),IT-related,andother
technologyservicestofederalagenciesandothercustom-
ers.Majorproductlinesinclude:ITintegrationandman-
agement; enterprise solutions; application development,
maintenance, and consulting for strategic programs for
the DoD and civil government agencies; aircraft and
engine maintenance and modification services; manage-
ment,operation,maintenance,trainingandlogisticssup-
portformilitary,homelandsecurityandciviliansystems;
launch,missionandanalysisservicesformilitary,classi-
fied and commercial satellites; engineering, science and
information services for the National Aeronautics and
SpaceAdministration(NASA);andresearch,development,
engineering and science in support of nuclear weapons
stewardshipandnavalreactorprograms.
(Inmillions) 2004 2003
Aeronautics $11,785 $10,206
ElectronicSystems 9,729 8,996
SpaceSystems 6,359 6,024
IntegratedSystems&Solutions 3,851 3,422
Information&TechnologyServices 3,802 3,176
$35,526 $31,824
Aeronautics $ 899 $ 690
ElectronicSystems 969 858
SpaceSystems 489 403
IntegratedSystems&Solutions 334 291
Information&TechnologyServices 285 226
Totalbusinesssegments 2,976 2,468
NetunallocatedCorporateexpense(b) (887) (449)
$ 2,089 $ 2,019
Aeronautics $ 77 $ 43
ElectronicSystems 607 573
SpaceSystems 217 140
IntegratedSystems&Solutions 580 491
Information&TechnologyServices 765 797
$ 2,246 $ 2,044
LockheedMartinCorporation
NOTESTOCONSOLIDATEDFINANCIALSTATEMENTS
December31,2005