Lockheed Martin Corporation is a global aerospace, defense, securities, and advanced technologies company. The company offers IRST systems for only for combat aircraft for naval and air defense. Under the aeronautics segment, the company is involved in R&D, manufacturing, upgrading, and supporting advanced military aircraft, which include air and combat mobility aircraft. The company offers IRST21 Sensor Systems. The company offers excellent product distribution, good scalability and delivery & support, but lacks in breadth of offerings and features/functionality. Source: Press Releases, Investor Presentations, Experts’ Interviews, and MarketsandMarkets Analysis