Lockheed Martin is the world's largest military contractor, founded in 1995 through the merger of Martin Marietta and Lockheed. Headquartered in Bethesda, Washington, Lockheed Martin has a global customer base and competitors that include Boeing, Dassault, and others. The company emphasizes corporate governance, ethics, environmental stewardship, and innovation to ensure future success in key markets like defense, intelligence, and homeland security.