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What significant event happened to the Lockheed Corporation in 1995?

  • Bankruptcy

  • Acquisition by Boeing

  • Merger with Martin Marietta

  • Split into two companies

Answer

In 1995, the Lockheed Corporation merged with Martin Marietta to form Lockheed Martin, one of the largest aerospace, defense, and technology companies in the world. The merger combined the strengths of both companies and expanded their capabilities in the industry.
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