Lockheed Martin is an American global aerospace, defense, security, and advanced technology company with worldwide interests. It was formed by the merger of Lockheed Corporation with Martin Marietta in March 1995. It is headquartered in Bethesda, Maryland, in the Washington Metropolitan Area. Lockheed Martin employs 123,000 people worldwide. Marillyn Hewson is the current president and Chief Executive Officer.
The Valero Texas Open is an official tournament on the PGA Tour. It dates back to 1922 when it was first called the Texas Open; San Antonio-based Valero Energy Corporation took over naming rights in 2002. It is played at The Oaks Course at the TPC San Antonio. In 2003, it was the site of the 72-hole PGA Tour record 254 shot by Tommy Armour III. Many big-name players have won this tournament, including Sam Snead, Ben Hogan, and Arnold Palmer, who won it three years in a row. It has always been considered a tournament where it is quite easy to shoot low.