COLLEGE PARK, Md., Sept. 4, 2019 /PRNewswire/ -- Bethesda-based
Lockheed Martin (NYSE: LMT) today signed a $3 million charitable commitment to the
University of Maryland A. James Clark
School of Engineering.
The three-year contribution will fund vertical takeoff and
landing research conducted at the university's rotorcraft lab, and
high-speed flight experiments up to Mach 8, or 6,000 mph, at the
school's hypersonic wind tunnel. It will also underwrite programs
overseen by the Clark School's Center for Minorities in Science and
Engineering that aim to increase the enrollment of women and
under-represented minorities in Science, Technology, Engineering
and Math (STEM) disciplines.
"For 75 years, Lockheed Martin has played a significant role in
the storied history of the A. James Clark
School of Engineering, and we are proud to continue our
relationship as the recipient of Lockheed Martin's largest gift of
the year to any institution," said Darryll J. Pines, Clark
School Dean and Farvardin Professor. "This generous gift
will empower Clark School students
and faculty to remain at the forefront of innovation in aerospace
technology, and to advance our commitment to a diverse and
inclusive engineering community."
Since 2010, Lockheed Martin has funded more than $19 million in research and philanthropy at the
University of Maryland. The
$3 million contribution announced
today is in addition to that investment.
"Lockheed Martin has partnered with the University of Maryland for more than seven decades,
and we are proud to continue that successful relationship with this
contribution supporting aerospace innovation," said Lockheed
Martin Chief Technology Officer Keoki
Jackson. "We expect to hire 50,000 STEM professionals
over the next decade, and together we will inspire the next
generation of engineers to join us in creating breathtaking
generation-after-next technology."
Earlier this year, Lockheed Martin awarded scholarships to nine
University of Maryland students
pursuing majors in engineering or computer science as part of its
new STEM Scholarship Program. The students will receive up to
$40,000 in total scholarship funding,
or $10,000 per school year, from
Lockheed Martin, and they are eligible for paid Lockheed Martin
internships.
Lockheed Martin's partnership with the University of Maryland dates back to 1944 when
Glenn L. Martin funded four
buildings, including the Glenn L. Martin Wind Tunnel and
Glenn L. Martin Hall. Today,
Lockheed Martin employs over 600 University of
Maryland graduates holding nearly 700 degrees, and it has a
formal collaboration agreement in place with the school to
research, develop and design advanced technology systems, products
and services.
About the University of Maryland A.
James Clark School of
Engineering
The A. James Clark School of
Engineering is the engineering college of the University of Maryland, College Park. The school
consists of fourteen buildings on the College Park campus and covers over 750,000
square feet and is home to eight different departments. The
departments include Aerospace engineering, Bioengineering, Chemical
and Biomolecular engineering, Civil and Environmental engineering,
Electrical and Computer engineering, Fire Protection engineering,
Materials Science and engineering, and Mechanical engineering.
About Lockheed
Martin
Headquartered in Bethesda,
Maryland, Lockheed Martin is a global security and aerospace
company that employs approximately 105,000 people worldwide and is
principally engaged in the research, design, development,
manufacture, integration and sustainment of advanced technology
systems, products and services.
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SOURCE Lockheed Martin