Lockheed Martin has been a significant part of my community due to its essential presence around Hill Air Force Base. It has not only created employment opportunities but also boosted the local economy manifold. Expanding Lockheed Martin’s operations into Salt Lake County can further enhance our community's vibrant ecosystem.

Salt Lake County is strategically positioned and has the infrastructure to support such expansion. This expansion will not only bring in new investment but will create high-skilled jobs, advance local education partnerships, and foster innovation and technology growth that benefit the entire region. The opportunities presented by Lockheed Martin's expansion can stimulate local businesses, increase property values, and improve the quality of life for residents by diversifying the local economy beyond its traditional industries.

The Lockheed Martin Corporationis an American defense and aerospace manufacturer. It is headquartered in North Bethesda, Maryland, United States. The company was formed by the merger of Lockheed Corporation with Martin Marietta on March 15, 1995.

Lockheed Martin operates 4 divisions: Lockheed Martin Aeronautics (39% of 2024 revenues), which includes Skunk Works, the F-35 Lightning II strike fighter, the Lockheed C-130 Hercules military transport aircraft, the F-16 Fighting Falcon, and the F-22 Raptor; Lockheed Martin Missiles and Fire Control (18% of 2024 revenues), which includes the MIM-104 Patriot surface-to-air missile, the Terminal High Altitude Area Defense, the M270 Multiple Launch Rocket System, the Precision Strike Missile, the AGM-158 JASSM air-launched cruise missile, the AGM-158C LRASM anti-ship missile, the AGM-114 Hellfire, the Apache fire-control system, the Sniper Advanced Targeting Pod, Infrared search and track, and support services for special forces; Lockheed Martin Rotary and Mission Systems (24% of 2024 revenues), which includes Sikorsky Aircraft such as the Sikorsky UH-60 Black Hawk, Sikorsky HH-60 Pave Hawk, Sikorsky VH-92 Patriot, Sikorsky CH-53K King Stallion, and Sikorsky SH-60 Seahawk, the Aegis Combat System, Littoral combat ships, Freedom-class littoral combat ships, River-class destroyers, and the C2BMC missile defense program; and Lockheed Martin Space (18% of 2024 revenues), which includes the UGM-133 Trident II ballistic missile, the Orion spacecraft, the Next-Generation Overhead Persistent Infrared, GPS Block III, hypersonic weapons and transport layer programs and the Ground-Based Interceptor.

In 2024, 73% of the company's revenue came from the federal government of the United States, including 65% from the United States Department of Defense. In 2024, 26% of revenue was from sales of the F-35 fighter.

Lockheed Martin is also a contractor for the U.S. Department of Energy and the National Aeronautics and Space Administration (NASA). It also provides products and services to the Department of Defense and the Department of Energy to the Department of Agriculture and the Environmental Protection Agency. It is involved in surveillance and information processing for the CIA, the FBI, the Internal Revenue Service (IRS), the National Security Agency (NSA), the Pentagon, the Census Bureau, and the Postal Service.

The company has received the Collier Trophy six times, including in 2001 for being part of developing the X-35/F-35B LiftFan Propulsion System  and in 2018 for the Automatic Ground Collision Avoidance System (Auto-GCAS). Lockheed Martin currently produces the F-35 and leads the international supply chain, leads the team for the development and implementation of technology solutions for the new USAF Space Fence (AFSSS replacement), and is the primary contractor for the development of the Orion command module.  The company also invests in healthcare systems, renewable energy systems, intelligent energy distribution, and compact nuclear fusion.

For the fiscal year 2020, Lockheed Martin reported earnings of $6.833 billion, with an annual revenue of $65.398 billion, an increase of 9.3% over the previous year.  Backlog was 144.0 billion at the end of 2019, up from 130.5 billion at the end of the 2018. Firm orders were $94.5 billion at the end of 2019.

Its shares traded at over $389 per share.

Its market capitalization was valued at US$109.83 billion at the end of 2019. Lockheed Martin ranked No. 60 in the 2019 Fortune 500 list of the largest United States corporations by total revenue (down from No. 59 in 2018)

Moreover, Lockheed Martin’s expansion aligns with state economic strategies aimed at fostering growth in the defense and aerospace sector, which is crucial for maintaining national security and advancing technological frontiers.

The possibility of seeing our local talent develop into globally competitive professionals within a company that values community and global innovation is promising. The educational ties and apprenticeship programs that can stem from an expansion are invaluable to shaping the future of our youth and community.

Let’s come together to support this development initiative. I invite you to sign this petition to help facilitate Lockheed Martin's growth into Salt Lake County, ensuring economic sustainability and regional advancement for years to come.