Martin Marietta Corp. - 1970's dated Aviation Stock Certificate - Merger of Glenn L. Martin Company and American-Marietta Corporation

Aviation Stock. Vignette of woman w/ globe, lathe work block at left. Aviation stocks are very popular. Available in Orange, Green or Blue. Please specify color.

The Martin Marietta Corporation was an American company established in 1961 through the merger of the Glenn L. Martin Company and the American-Marietta Corporation. The newly formed company emerged as a leader in chemicals, aerospace, and electronics. In 1995, Martin Marietta merged with Lockheed Corporation to create Lockheed Martin.
The Glenn L. Martin Company, based in Baltimore, was primarily focused on aerospace, particularly its Titan missile program. American-Marietta, headquartered in Chicago, specialized in producing paints, dyes, metallurgical products, construction materials, and other goods.

In 1982, Martin Marietta faced a hostile takeover attempt by the Bendix Corporation, led by William Agee. Bendix acquired a majority of Martin Marietta shares, effectively gaining ownership of the company. However, Martin Marietta's management, led by CEO Thomas G. Pownall, used the brief period between ownership and control to sell off non-core businesses and launch a counter-hostile takeover of Bendix, a strategy known as the "Pac-Man defense." This strategy proved successful, and Martin Marietta survived, while Bendix was ultimately acquired by Allied Corporation.