Martin Marietta

Martin Marietta Corporation
Industry	Manufacturing
Predecessors	Glenn L. Martin Company; American-Marietta Corporation;
Founded	1961; 63 years ago
Defunct	1995
Fate	Merged with Lockheed Corporation
Successors	Lockheed Martin; Martin Marietta Materials;
Headquarters	Bethesda, Maryland, United States
Key people	Hans Multhopp

The Martin Marietta Corporation was an American company founded in 1961 through the merger of Glenn L. Martin Company and American-Marietta Corporation. In 1995, it merged with Lockheed Corporation to form Lockheed Martin.

History

Martin Marietta formed in 1961 by the merger of the Glenn L. Martin Company and American-Marietta Corporation.^[1]^: 356

Martin, based in Baltimore, was primarily an aerospace concern with a recent focus on missiles, namely its Titan program. This program was established in 1955 when the company secured the U.S. Air Force contract to build the country's second intercontinental ballistic missile (ICBM).^[2] American-Marietta was headquartered in Chicago and produced paints, dyes, metallurgical products, construction materials, and other goods.^[3]^[4]^[5]^[6]

In 1982, Martin Marietta was subject to a hostile takeover bid by the Bendix Corporation, headed by William Agee. Bendix bought the majority of Martin Marietta shares and in effect owned the company. However, Martin Marietta's management used the short time separating ownership and control to sell non-core businesses and launch its own hostile takeover of Bendix (known as the Pac-Man defense).^[7]^[8] Thomas G. Pownall, CEO of Martin Marietta, was successful and the end of this extraordinarily bitter battle saw Martin Marietta survive; Bendix was bought by Allied Corporation.^[8]^[9]^[10]

Timeline

1961: Martin Marietta formed by merger of the Glenn L. Martin Company and American-Marietta Corporation^[11]
1963: Martin Marietta starts building floating nuclear power plant MH-1A as part of the Army Nuclear Power Program
1969: Martin Marietta commissioned to build the Mark IV monorail used on the Walt Disney World Monorail System between 1971 and 1989
1971: Martin Marietta loses landmark sex discrimination suit before the Supreme Court, in Phillips v. Martin Marietta Corp.^[12]
1975: Acquires Hoskyns Group (UK IT services company)
1982: Bendix Corporation's attempted takeover ends in its own sale to Allied Corporation; Martin Marietta survives^[13]^[14]
1986: Wins contract to convert Titan II ICBMs into space launch vehicles. The Martin Company built the original ICBMs
1987: Electronics & Missiles Group formed, headquartered in Orlando
1991: Electronics & Missiles Group reorganized into the Electronics, Information & Missiles Group
1993: Acquires GE Aerospace for 3 billion USD, allowing combined marketing of complementary systems, e.g. Martin Marietta's Titan missiles launching GE Aerospace's satellites
1993: Acquires management contract for Sandia National Laboratories
1993: Acquires General Dynamics' Space Systems Division, maker of the Atlas family of launch vehicles^[15]
1994: Martin Marietta completed its initial public offering of 19% of the common stock of Martin Marietta Materials, which is listed on the New York Stock Exchange as MLM
1995: Martin Marietta merged with Lockheed Corporation to form Lockheed Martin^[16]
1996: Lockheed Martin splits off Martin Marietta Materials as a separate and independent entity

Products

Aircraft

Martin X-23 PRIME
- Martin Marietta X-24A
- Martin Marietta X-24B

Missiles and rockets

Spacecraft

Unmanned aerial vehicles

Significant components of vehicles

Space Shuttle external tank

References

Media related to Martin Marietta at Wikimedia Commons

^ Harwood, William B (1993). Raise Heaven and Earth. New York, New York: Simon & Schuster. ISBN 0-671-74998-6. Retrieved 2022-04-24.
^ Blevins, Tim (2011). Enterprise & Innovation in the Pikes Peak Region. Colorado Springs, CO: Pikes Peak Library District. p. 189. ISBN 978-1-56735-302-0.
^ "Advertisement: American-Marietta". Milwaukee Sentinel. September 24, 1957. p. 12-part 1.^{[permanent dead link]}
^ "Marietta, Martin eye consolidation". Milwaukee Sentinel. Associated Press. June 24, 1961. p. 9-part 2.
^ "American-Marietta, Martin plan merger". Milwaukee Journal. June 24, 1961. p. 13.^{[permanent dead link]}
^ "Martin, Marietta approve merger". Milwaukee Sentinel. Associated Press. October 10, 1961. p. 8-part 2.^{[permanent dead link]}
^ "Bendix board rejects Martin Marietta offer". Palm Beach Post. Associated Press. September 1, 1982. p. A8.^{[permanent dead link]}
^ ^a ^b Oliver, Myrna (July 3, 2005). "Wall Street folk hero dies". Seattle Times. (Los Angeles Times). Retrieved February 12, 2013.
^ Burns, Robert (September 23, 1982). "Allied Corp. enters the race to take over Bendix Corp". Kentucky New Era. Hopkinsville, KY. Associated Press. p. 19.
^ Burns, Robert (September 25, 1982). "Allied, Bendix, Marietta clinch deal". Free Lance-Star. Fredericksburg, VA. Associated Press. p. 9.
^ Danilov, Victor J. (2013). Famous Americans: A Directory of Museums, Historic Sites, and Memorials. Lanham, MD: Scarecrow Press. p. 75. ISBN 978-0-8108-9186-9.
^ "Discrimination Against Working Mothers Must End". news.bloomberglaw.com. Retrieved 2023-12-08.
^ Augustine, Norman R. (1997-05-01). "Reshaping an Industry: Lockheed Martin's Survival Story". Harvard Business Review. ISSN 0017-8012. Retrieved 2023-12-08.
^ Lane (2022). Representing Corporate Officers and Directors and LLC Managers [formerly Representing Corporate Officers, Directors, Managers, and Trustees], 3rd Edition (3rd ed.). New York: Wolters Kluwer. pp. 9–43. ISBN 978-1-5438-0529-1.
^ "General Dynamics Sells Atlas Rocket Unit". Los Angeles Times. 23 December 1993. Retrieved 25 September 2014.
^ The Founding of Lockheed Martin", official website of Lockheed Martin Corp., retrieved December 4, 2017

[raise-1] Harwood, William B (1993). Raise Heaven and Earth. New York, New York: Simon & Schuster. ISBN 0-671-74998-6. Retrieved 2022-04-24.

[2] Blevins, Tim (2011). Enterprise & Innovation in the Pikes Peak Region. Colorado Springs, CO: Pikes Peak Library District. p. 189. ISBN 978-1-56735-302-0.

[advam-3] "Advertisement: American-Marietta". Milwaukee Sentinel. September 24, 1957. p. 12-part 1.^{[permanent dead link]}

[mmec-4] "Marietta, Martin eye consolidation". Milwaukee Sentinel. Associated Press. June 24, 1961. p. 9-part 2.

[ammpm-5] "American-Marietta, Martin plan merger". Milwaukee Journal. June 24, 1961. p. 13.^{[permanent dead link]}

[mamaappm-6] "Martin, Marietta approve merger". Milwaukee Sentinel. Associated Press. October 10, 1961. p. 8-part 2.^{[permanent dead link]}

[brmmo-7] "Bendix board rejects Martin Marietta offer". Palm Beach Post. Associated Press. September 1, 1982. p. A8.^{[permanent dead link]}

[wsfhd-8] Oliver, Myrna (July 3, 2005). "Wall Street folk hero dies". Seattle Times. (Los Angeles Times). Retrieved February 12, 2013.

[allcor-9] Burns, Robert (September 23, 1982). "Allied Corp. enters the race to take over Bendix Corp". Kentucky New Era. Hopkinsville, KY. Associated Press. p. 19.

[abmcd-10] Burns, Robert (September 25, 1982). "Allied, Bendix, Marietta clinch deal". Free Lance-Star. Fredericksburg, VA. Associated Press. p. 9.

[11] Danilov, Victor J. (2013). Famous Americans: A Directory of Museums, Historic Sites, and Memorials. Lanham, MD: Scarecrow Press. p. 75. ISBN 978-0-8108-9186-9.

[12] "Discrimination Against Working Mothers Must End". news.bloomberglaw.com. Retrieved 2023-12-08.

[13] Augustine, Norman R. (1997-05-01). "Reshaping an Industry: Lockheed Martin's Survival Story". Harvard Business Review. ISSN 0017-8012. Retrieved 2023-12-08.

[14] Lane (2022). Representing Corporate Officers and Directors and LLC Managers [formerly Representing Corporate Officers, Directors, Managers, and Trustees], 3rd Edition (3rd ed.). New York: Wolters Kluwer. pp. 9–43. ISBN 978-1-5438-0529-1.

[15] "General Dynamics Sells Atlas Rocket Unit". Los Angeles Times. 23 December 1993. Retrieved 25 September 2014.

[founding-16] The Founding of Lockheed Martin", official website of Lockheed Martin Corp., retrieved December 4, 2017

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v t e Martin and Martin Marietta aircraft
Model numbers	57 60 63 66 67 70 71 73 74 75 77 83 85 117 118 119 120 122 123 125 127 129 130 133 139 145 146 156 158 162 166 167 170 179 182 187 189 190 193 202 205 210 219 223 234 237 247 259 270 271 272 274 275 290 303 307 313 316 317 321 327
Airliners	M-130 Clipper M-156 Russian Clipper 2-0-2 3-0-3 4-0-4
Attack aircraft	A-15 A-22 A-23 A-30 A-45 AM
Bombers	B-10 B-12 XB-13 XB-14 XB-16 B-26 XB-27 B-33 B-48 XB-51 B-57 XB-68 BM MB-1 NBS-1
Maritime patrol	PBM XP2M P3M P4M P5M P6M P7M
Military transports	C-3 JRM RM
Military trainers	T/TT N2M
Scout/Torpedo bombers	S TM T2M T3M T4M T5M T6M
Reconnaissance aircraft	MO-1 M2O-1 MS-1 RB-57D RB-57F
Observation aircraft	XO-4
Martin Marietta	845 SV-5J X-23 X-24A/B

Authority control databases
International	ISNI VIAF
National	Germany Israel United States Australia