The Martin Marietta Corporation was an American company founded in 1961 through the

merger Mergers and acquisitions (M&A) are business transactions in which the ownership of a company, business organization, or one of their operating units is transferred to or consolidated with another entity. They may happen through direct absorpt ...

Glenn L. Martin Company The Glenn L. Martin Company, also known as The Martin Company from 1917 to 1961, was an American aircraft and aerospace industry, aerospace manufacturing company founded by aviation pioneer Glenn L. Martin. The Martin Company produced many impo ...

and American-Marietta Corporation. In 1995, it merged with

Lockheed Corporation The Lockheed Corporation was an American aerospace manufacturer. Lockheed was founded in 1926 and merged in 1995 with Martin Marietta to form Lockheed Martin. Its founder, Allan Lockheed, had earlier founded the similarly named but otherwise-u ...

to form

Lockheed Martin The Lockheed Martin Corporation is an American Arms industry, defense and aerospace manufacturer with worldwide interests. It was formed by the merger of Lockheed Corporation with Martin Marietta on March 15, 1995. It is headquartered in North ...

History

Martin Marietta formed in 1961 by the merger of the

and American-Marietta Corporation. Martin, based in

Baltimore Baltimore is the most populous city in the U.S. state of Maryland. With a population of 585,708 at the 2020 census and estimated at 568,271 in 2024, it is the 30th-most populous U.S. city. The Baltimore metropolitan area is the 20th-large ...

, was primarily an

aerospace Aerospace is a term used to collectively refer to the atmosphere and outer space. Aerospace activity is very diverse, with a multitude of commercial, industrial, and military applications. Aerospace engineering consists of aeronautics and astron ...

concern with a recent focus on

missile A missile is an airborne ranged weapon capable of self-propelled flight aided usually by a propellant, jet engine or rocket motor. Historically, 'missile' referred to any projectile that is thrown, shot or propelled towards a target; this ...

s, namely its

Titan Titan most often refers to: * Titan (moon), the largest moon of Saturn * Titans, a race of deities in Greek mythology Titan or Titans may also refer to: Arts and entertainment Fictional entities Fictional locations * Titan in fiction, fictiona ...

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). American-Marietta was headquartered in

Chicago Chicago is the List of municipalities in Illinois, most populous city in the U.S. state of Illinois and in the Midwestern United States. With a population of 2,746,388, as of the 2020 United States census, 2020 census, it is the List of Unite ...

and produced paints, dyes, metallurgical products, construction materials, and other goods. In 1982, Martin Marietta was subject to a hostile takeover bid by the

Bendix Corporation Bendix Corporation is an American manufacturing and engineering company founded in 1924 and subsidiary of Knorr-Bremse since 2002. During various times in its existence, Bendix made automotive brake shoes and systems, vacuum tubes, aircraft ...

, 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). 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. In July 1993 CEO Norman Augustine participated in what he called the "

Last Supper Image:The Last Supper - Leonardo Da Vinci - High Resolution 32x16.jpg, 400px, alt=''The Last Supper'' by Leonardo da Vinci - Clickable Image, ''The Last Supper (Leonardo), The Last Supper'' (1495-1498). Mural, tempera on gesso, pitch and mastic ...

", where

Les Aspin Leslie Aspin Jr. (July 21, 1938 – May 21, 1995) was an American Democratic Party (United States), Democratic Party politician and economist who served as the United States House of Representatives, U.S. representative for Wisconsin's 1st co ...

and William Perry disclosed to a number of prime contractors that, because the

Cold War The Cold War was a period of global Geopolitics, geopolitical rivalry between the United States (US) and the Soviet Union (USSR) and their respective allies, the capitalist Western Bloc and communist Eastern Bloc, which lasted from 1947 unt ...

had drawn to a successful conclusion, the defense industry would shrink and the

Department of Defense The United States Department of Defense (DoD, USDOD, or DOD) is an executive department of the U.S. federal government charged with coordinating and supervising the six U.S. armed services: the Army, Navy, Marines, Air Force, Space Force, ...

had no need for the plethora of them. The flurry of mergers in this industry over the next decade can be traced to this event, including his company's merger with Lockheed.

Timeline

*1961: Martin Marietta formed by merger of the

and American-Marietta Corporation *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.'' *1975: Acquires Hoskyns Group (UK IT services company) *1982:

's attempted takeover ends in its own sale to Allied Corporation; Martin Marietta survives *1986: Wins contract to convert

Titan II The Titan II was an intercontinental ballistic missile (ICBM) developed by the Glenn L. Martin Company from the earlier Titan I missile. Titan II was originally designed and used as an ICBM, but was later adapted as a medium-lift space ...

ICBMs into space launch vehicles. The Martin Company built the original ICBMs *1987: Electronics & Missiles Group formed, headquartered in

Orlando Orlando commonly refers to: * Orlando, Florida, a city in the United States Orlando may also refer to: People * Orlando (given name), a masculine name, includes a list of people with the name * Orlando (surname), includes a list of people wit ...

*1991: Electronics & Missiles Group reorganized into the Electronics, Information & Missiles Group *1993: Acquires

GE Aerospace General Electric Company, doing business as GE Aerospace, is an American aircraft engine supplier that is headquartered in Evendale, Ohio, outside Cincinnati. It is the legal successor to the original General Electric Company founded in 1892, w ...

for 3 billion

USD The United States dollar (symbol: $; currency code: USD) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it int ...

, 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 Sandia National Laboratories (SNL), also known as Sandia, is one of three research and development laboratories of the United States Department of Energy's National Nuclear Security Administration (NNSA). Headquartered in Kirtland Air Force B ...

*1993: Acquires

General Dynamics General Dynamics Corporation (GD) is an American publicly traded aerospace and defense corporation headquartered in Reston, Virginia. As of 2020, it was the fifth largest defense contractor in the world by arms sales and fifth largest in the Unit ...

' Space Systems Division, maker of the Atlas family of launch vehicles *1994: Martin Marietta completed its

initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investm ...

of 19% of the common stock of Martin Marietta Materials, which is listed on the

New York Stock Exchange The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is the List of stock exchanges, largest stock excha ...

as MLM *1995: Martin Marietta merged with

to form

The Founding of Lockheed Martin"
official website of

Corp., retrieved December 4, 2017 *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

* AGM-12 Bullpup *

AGM-62 Walleye The AGM-62 Walleye is a TV guidance, television-guided glide bomb which was produced by Martin Marietta and used by the United States Armed Forces from the 1960s-1990s. The Walleye I had a 825 lb (374 kg) Explosive material, high-expl ...

Titan (rocket family) Titan was a family of United States expendable rockets used between 1959 and 2005. The Titan I and Titan II were part of the US Air Force's intercontinental ballistic missile (ICBM) fleet until 1987. The space launch vehicle versions contrib ...

** HGM-25A Titan I **

LGM-25C Titan II The Titan II was an intercontinental ballistic missile (ICBM) developed by the Glenn L. Martin Company from the earlier HGM-25A Titan I, Titan I missile. Titan II was originally designed and used as an ICBM, but was later adapted as a Med ...

Titan IIIA The Titan IIIA or Titan 3A was an American expendable launch system, launched four times in 1964 and 1965, to test the Transtage upper stage which was intended for use on the larger Titan IIIC. The Transtage was mounted atop two core stages deriv ...

** Titan IIIB **

Titan IIIC The Titan IIIC was an expendable launch system used by the United States Air Force from 1965 until 1982. It was the first Titan (rocket family), Titan booster to feature large solid rocket motors and was planned to be used as a launcher for the D ...

** Commercial Titan III ** Titan IIID **

Titan IIIE The Titan IIIE or Titan 3E, also known as the Titan III-Centaur, was an American expendable launch system. Launched seven times between 1974 and 1977, it enabled several high-profile NASA missions, including the Voyager and Viking planetary pro ...

** Titan IV ** Titan 23G **

Titan 34D The Titan 34D was a United States expendable launch vehicle used to launch a number of satellites for military applications. Service history Derived from the Titan III, the Titan 34D featured Stage 1 and Stage 2 stretched with more powerful ...

* M712 Copperhead *

MGM-31 Pershing The MGM-31A Pershing was the missile used in the Pershing 1 and Pershing 1a field artillery missile systems. It was a solid-fueled two-stage theater ballistic missile designed and built by Martin Marietta to replace the PGM-11 Redstone missile ...

* Pershing II *

MGM-51 Shillelagh The Aeronutronic, Ford MGM-51 ''Shillelagh'' was an American anti-tank guided missile designed to be launched from a conventional gun (cannon). It was originally intended to be the medium-range portion of a short, medium, and long-range system for ...

MGM-118 Peacekeeper The LGM-118 Peacekeeper, originally known as the MX for "Missile, Experimental", was a MIRV-capable intercontinental ballistic missile (ICBM) produced and deployed by the United States from 1986 to 2005. The missile could carry up to eleven Mar ...

* MGM-134 Midgetman *

FGM-148 Javelin The FGM-148 Javelin, or Advanced Anti-Tank Weapon System-Medium (AAWS-M), is an American-made man-portable anti-tank system in service since 1996 and continuously upgraded. It replaced the M47 Dragon anti-tank missile in US service. Its fire-and-f ...

* AGR-14 ZAP *

ASALM The Advanced Strategic Air-Launched Missile (ASALM) was a medium-range strategic missile program, developed in the late 1970s for the United States Air Force. Intended for use in both the air-to-surface missile, air-to-surface and air-to-air miss ...

Sprint (missile) The Sprint was a two-stage, solid-fuel anti-ballistic missile (ABM), armed with a W66 enhanced-radiation thermonuclear warhead used by the United States Army during 1975–76. It was designed to intercept incoming reentry vehicles (RV) after ...

Atlas (rocket family) Atlas is a family of US missiles and space launch vehicles that originated with the SM-65 Atlas. The Atlas intercontinental ballistic missile (ICBM) program was initiated in the late 1950s under the Convair Division of General Dynamics. Atlas was ...

** Atlas I **

Atlas II Atlas II was a member of the Atlas family of launch vehicles, which evolved from the successful Atlas missile program of the 1950s. The Atlas II was a direct evolution of the Atlas I, featuring longer first-stage tanks, higher-perfor ...

Spacecraft

Magellan (spacecraft) The ''Magellan'' spacecraft was a robotic space probe launched by NASA on May 4, 1989. Its mission objectives were to map the surface of Venus by using synthetic-aperture radar and to measure the planetary gravitational field. The ''Magel ...

Mars Polar Lander The Mars Polar Lander, also known as the Mars Surveyor '98 Lander, was a 290-kilogram uncrewed spacecraft lander launched by NASA on January 3, 1999, to study the soil and climate of Planum Australe, a region near the south pole on Mars. It fo ...

Viking program The ''Viking'' program consisted of a pair of identical American space probes, ''Viking 1'' and ''Viking 2'' both launched in 1975, and landed on Mars in 1976. The mission effort began in 1968 and was managed by the NASA Langley Research Cent ...

Viking 1 ''Viking 1'' was the first of two spacecraft, along with '' Viking 2'', each consisting of an orbiter and a lander, sent to Mars as part of NASA's Viking program. The lander touched down on Mars on July 20, 1976, the first successful Mars lan ...

Viking 2 The ''Viking 2'' mission was part of the American Viking program to Mars, and consisted of an orbiter and a lander essentially identical to that of the '' Viking 1'' mission. ''Viking 2'' was operational on Mars for sols ( days; '). The ''V ...

* WIND (spacecraft) * Lacrosse (satellite)

Unmanned aerial vehicles

* Martin Marietta Model 845 *

AQM-127 SLAT The AQM-127 Supersonic Low-Altitude Target (SLAT) was a target drone developed during the 1980s by Martin Marietta for use by the United States Navy. Derived from Martin Marietta's work on the cancelled ASALM missile, SLAT proved to have severe di ...

Significant components of vehicles

Space Shuttle external tank The Space Shuttle external tank (ET) was the component of the Space Shuttle launch vehicle that contained the liquid hydrogen fuel and liquid oxygen oxidizer. During lift-off and ascent it supplied the fuel and oxidizer under pressure to the ...

References

{{Authority control 1961 establishments in Maryland 1995 disestablishments in Maryland Aerospace companies of the United States Aviation in Maryland Former defense companies of the United States Defunct aircraft manufacturers of the United States Electronics companies established in 1961 Defunct electronics companies of the United States Manufacturing companies based in Maryland Manufacturing companies established in 1961 Manufacturing companies disestablished in 1995 1995 mergers and acquisitions Superfund sites in Oregon American companies established in 1961