5 Most Valuable Space Companies in the World

2. Lockheed Martin Corporation (NYSE:LMT)

Lockheed Martin dates back to 1912, when Allan and Malcolm Loughead founded the Alco Hydro-Aeroplane Company. The present-day Lockheed Martin was established in 1995 with the merger of the two most significant American defense contractors. Furthermore, with the acquisition of Loral Corporation, Lockheed Martin (NYSE: LMT) has become one of the world’s largest space companies. Lockheed Martin (NYSE: LMT) is a leading contractor for the US Department of Energy (Federal Energy Solutions) and the National Aeronautics and Space Administration (NASA).

Lockheed Martin (NYSE: LMT) services span aerospace, telecommunications, space information and services, aeronautics, and system integration. Currently, Lockheed Martin (NYSE: LMT) has nearly 144,000 employees, 375 work facilities, and 16,000 active suppliers globally.