M&A Deal Summary

Lockheed Martin Acquires Martin Marietta

On August 30, 1994, Lockheed Martin acquired aerospace company Martin Marietta for 10.0B USD

Acquisition Highlights
  • This is Lockheed Martin’s 1st transaction in the Aerospace sector.
  • This is Lockheed Martin’s largest (disclosed) transaction.
  • This is Lockheed Martin’s 2nd transaction in the United States.
  • This is Lockheed Martin’s 1st transaction in Maryland.

M&A Deal Summary
Date 1994-08-30
Target Martin Marietta
Sector Aerospace
Buyer(s) Lockheed Martin
Deal Type Merger
Deal Value 10.0B USD

Target

Martin Marietta

Bethesda, Maryland, United States
Martin Marietta Corporation was an aerospace and defense company based in Bethesda, Maryland. It was formed in 1961.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Lockheed Martin

Bethesda, Maryland, United States
Category Company
Founded 1912
Sector Aerospace
Employees122,000
Revenue 67.6B USD (2023)
DESCRIPTION
Entrance to Lockheed Martin's corporate campus in Bethesda, Maryland.
Entrance to Lockheed Martin's corporate campus in Bethesda, Maryland.

Lockheed Martin is an aerospace and defense company that engages in the research, design, development, manufacture, integration, and sustainment of advanced technology systems and products worldwide. Lockheed Martin was established in 1912 and is based in Bethesda, Maryland.

DEAL STATS #
Overall 2 of 28
Sector (Aerospace) 1 of 5
Type (Merger) 1 of 1
State (Maryland) 1 of 1
Country (United States) 2 of 19
Year (1994) 1 of 1
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1986-07-10 Sanders Associates

Nashua, New Hampshire, United States

Sanders is a producer of electronic warfare equipment.

Buy $1.2B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1996-10-18 Martin Marietta

Raleigh, North Carolina, United States

Martin Marietta is a producer of construction aggregates and a producer of magnesia-based chemicals and dolomitic lime. Martin Marietta was formed in 1993 and is based in Raleigh, North Carolina.

Sell -
Mergr

Product

Company

Legal