Information Builders Case Studies Propelling Corporate Performance Gains at Lockheed Martin
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Propelling Corporate Performance Gains at Lockheed Martin

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Lockheed Martin Missiles and Fire Control Company, a leading developer and manufacturer of advanced missile, rocket, and space systems, faced a challenge of providing users of a variety of diverse information systems with a standard, self-service way to obtain financial and operational data. The company had various types of software applications, and many different reporting systems had evolved over time. The company attempted to achieve consistent reporting standards throughout the enterprise with a third-party client/server reporting application, but with limited success. The user interface was not satisfactory, the output from the application was not up to the mark, and the licensing costs associated with moving it to the Web were prohibitive.
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Lockheed Martin Missiles and Fire Control Company is a leading developer and manufacturer of advanced missile, rocket, and space systems. The company's customer list includes the United States Army, Navy, Air Force, and Marine Corps, and its reputation for excellence is well established. In an era of precision warfare and computerized military defense systems, Lockheed Martin depends on powerful and precise information delivery tools to achieve its objectives. MFC’s two largest facilities are in Dallas, Texas, and Orlando, Florida, each with some 3,000 employees. Although the two sites have different IT environments, each uses WebFOCUS to deliver information in a standard format.
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Lockheed Martin adopted WebFOCUS, a business intelligence (BI) platform from Information Builders, to create a Web-based, user-friendly reporting environment that delivers information from legacy sources and packaged ERP applications in a common format. The company worked with Information Builders’ technical experts to get the new software up and running. In addition to installing WebFOCUS, Information Builders’ Consulting helped Lockheed Martin construct a data connectivity architecture using technology from iWay Software. Together, they laid the foundation for a new self-service reporting environment called the Business Intelligence Enterprise Reporting (BIER) system. WebFOCUS was used to create several key financial reports, most of which accept parameterized input and are accessible through a dashboard interface. Each report can be customized to a degree. Some are very detailed, and some are designed as drill-down reports.
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Established a corporate standard for reporting across disparate information systems.
Decreased pressure on IT personnel to constantly answer questions about data.
Improved productivity.
Reduced monthly financial closing cycle from two weeks to four days.
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