About Lockheed Martin

Lockheed Martin is a global security and aerospace company that employs approximately 110,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration, and sustainment of advanced technology systems, products, and services.

Mission

We solve complex challenges, advance scientific discovery and deliver innovative solutions to help our customers keep people safe.

Vision

Be the global leader in supporting our customers' missions, strengthening security and advancing scientific discovery.

Values

• Do What's Right
• Respect Others
• Perform With Excellence

Organization

Lockheed Martin's operating units are organized into broad business areas.

Aeronautics, with approximately $23.7 billion in 2019 sales which includes tactical aircraft, airlift, and aeronautical research and development lines of business.

Missiles and Fire Control, with approximately $10.1 billion in 2019 sales that includes the Terminal High Altitude Area Defense System and PAC-3 Missiles as some of its high-profile programs.

Rotary and Mission Systems, with approximately $15.1 billion in 2019 sales, which includes Sikorsky military and commercial helicopters, naval systems, platform integration, and simulation and training lines of business.

Space, with approximately $10.9 billion in 2019 sales which includes space launch, commercial satellites, government satellites, and strategic missiles lines of business.

ABOUT ERICKSON, Inc.

Erickson is a solution-based company capable of tailoring aircraft to the needs of the customer, then operate them with an absolute warfighter centric attitude. Erickson Defense and National Security have the experience, competence, and reputation to operate both rotary-wing and fixed-wing aircraft in geographically challenged and expeditionary environments at operational readiness rates in excess of 90% for over a decade.

ERICKSON CONSISTS OF THREE BUSINESS UNITS

• Defence & National Security
  • Maintenance, Repair, Overhaul, & Modifications
  • Aerial Operations (Expeditionary Air Ops)
• Commercial & Utility
  • Aerial Operations
    • Fire, logging, construction
• AeroSystems
  • Component and Assembly Manufacturing
  • OEM Manufacturing and Sustainment of S64 aircrane

MISSION PROFILES

We operate in the toughest of environments and most challenging industries:

DoD Aerial Operations

Inter-Agency Aerial Operations

Construction

Heavy Lift

Oil & Gas exploration

Timber harvesting

Firefighting

Question:

As a new CEO at Lockheed Martin, and having read the profiles of the Lockheed Martin and Erickson, present a strategy formulation how to integrate Lockheed Martin and Erickson and as well can use Erickson to compete with other rival industries

Why would it make sense to only buy Erickson's military capabilities and not commercial? Could the culture at Erickson help Lockheed?