Lockheed Martin acquired Loral 's electronic systems and systems integration business in 1996 .
Founded as IBM Federal Systems in 1957 , it was sold to Loral Corporation in 1994 .
Lockheed Martin acquired Loral Corporation 's electronic systems and systems integration business in 1996 .
Founded as IBM Federal Systems in 1957 , it was sold to Loral Corporation in 1994 .