This paper is a business study of Lockheed Martin, #52 on the 2000 Fortune 500 list. It presents financial and structural information on the company, its history, its products and technologies, and its competitors. Lockheed has lately been acquiring new technology partners, and widening its hold on global communications satellite markets. This trend may prove extremely beneficial to a company that has traditionally supplied the US Air Force and other governments with fighter planes and military transport aircraft. 7 pgs. Bibliography lists 5 sources.