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Martin Marietta is also a major contractor for the American space station scheduled to be built in 1993.
However, Augustine's most dramatic move came in 1994, when Martin Marietta and Lockheed announced a "merger of equals." It took the Federal Trade Commission several months to approve the union, which created the world's largest defense company.
The spring 1995 exchange of stock created an advanced technology conglomerate with interests in the defense, space, energy, and government sectors serving the commercial, civil, and international markets.
In 1995 it merged with another major aerospace firm, the Lockheed Corporation, to form the Lockheed Martin Corporation.
The January 1996 acquisition of Loral Corp.'s Defense Electronics and Systems Integration business made it clear that Lockheed Martin would not soon relinquish its number-one status.
"Martin Marietta Corporation ." International Directory of Company Histories. . Retrieved June 21, 2022 from Encyclopedia.com: https://www.encyclopedia.com/books/politics-and-business-magazines/martin-marietta-corporation
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| USG | 1901 | $3.3B | 6,800 | 142 |
| Owens Corning | 1938 | $11.0B | 17,000 | 218 |
| Alcoa | 1888 | $11.9B | 14,600 | 37 |
| Griffon | 1959 | $2.6B | 4,700 | 1 |
| Reliance Steel & Aluminum Co | 1939 | $13.8B | 12,800 | 154 |
| Vulcan Materials | 1909 | $7.4B | 8,373 | 345 |
| Nucor | 1940 | $30.7B | 26,001 | 403 |
| O-I Glass | 1929 | $6.5B | 25,000 | 23 |
| Texas Industries | 1946 | $697.1M | 2,040 | 3 |
| ATI - Allegheny Technologies Incorporated | 1996 | $4.4B | 8,100 | 90 |
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Martin Marietta may also be known as or be related to Martin Marietta, Martin Marietta Materials Inc and Martin Marietta Materials, Inc.