Maryland-based Lockheed Martin (NYSE: LMT) has announced it has made a USD 3m charitable commitment to the University of Maryland´s A. James Clark School of Engineering to support aerospace tech innovation and STEM diversity, the company said.
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.
Since 2010, Lockheed Martin has funded more than USD 19 million in research and philanthropy at the University of Maryland. The USD 3 million contribution announced today is in addition to that investment.
University of Maryland A. James Clark School of Engineering is the engineering college of the University of Maryland, College Park, with departments that 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.
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.