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Greg Karol Promoted to Lockheed HR SVP; Marillyn Hewson Quoted

Greg Karol, former vice president of human resources at Lockheed Martin's (NYSE: LMT) aeronautics business area, has been promoted to senior VP of HR at the corporate level. His promotion is effective March 2 and he will oversee the company's global HR functions such as talent recruitment, development and retention, workforce training, compensation and diversity programs, Lockheed said Monday.

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State Dept OKs $990M Lockheed Anti-Ship Missile Sale to Australia

The Department of State has approved a potential $990M foreign military sale of Lockheed Martin-built (NYSE: LMT) long-range anti-ship missile systems and associated equipment to Australia. The FMS deal will cover the procurement of 200 AGM-158C LRASM systems and 11 units of the ATM-158C LRASM telemetry systems, the Defense Security Cooperation Agency said Friday.

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