Lockheed Promotes Robert Rangel to SVP for Washington Ops; Marillyn Hewson Comments

lockheed martin
Robert Rangel, vice president of Lockheed Martin (NYSE: LMT) programs and global security policy, will succeed Greg Dahlberg as the company’s senior vice president for Washington operations effective January 2015. Lockheed said Monday Rangel will lead engagement efforts with Congress, the Defense Department and other Washington-based federal agencies as well as all state and local governments. “I’m...

Bridget Lauderdale Named Lockheed Corporate Strategy, BD SVP; Marillyn Hewson Comments

Bridget Lauderdale (pictured left)
Bridget Lauderdale (pictured left) Bridget Lauderdale, vice president and general manager of aeronautics operations at Lockheed Martin (NYSE: LMT), will take a new role as SVP for corporate strategy and business development and a corporate officer of the company. Lauderdale will start in her new position on Jan. 1, 2015 and be responsible for new business capture and development functions, Lockheed...

Marillyn Hewson: Lockheed Makes Federal Health IT Play With Buy of Systems Made Simple

Marillyn Hewson
Marillyn Hewson Lockheed Martin (NYSE: LMT) has agreed to acquire Syracuse, New York-based health information technology services contractor Systems Made Simple for an undisclosed sum in a push to expand offerings in the federal health IT market. The companies expect to close the deal within 30 days and Systems Made Simple will be a part of Lockheed’s information systems and global solutions...

Marillyn Hewson: Lockheed Extends Dividend Increases as Repurchase Program Continues

Marillyn Hewson
Marillyn Hewson Lockheed Martin (NYSE: LMT) will move forward on its share repurchase program after the board of directors approved to buy back an additional $2 billion of the company’s common stock. The company also said Thursday its dividend for its fiscal year 2014 fourth quarter will increase 13 percent from the previous quarter $1.50 and is payable on Dec. 26 to shareholders of record...

Marillyn Hewson: Lockheed Seeks to Complement Intell Sharing Tech Portfolio With Zeta Associates Buy

Marillyn Hewson
Marillyn Hewson Lockheed Martin (NYSE: LMT) has agreed to purchase Zeta Associates, a data-exchange technology provider to the defense and intelligence sectors, for an undisclosed amount. “Zeta Associates’ expertise in cross-platform information collection, analysis and dissemination is an ideal complement to our national security capabilities,” Marillyn Hewson, Lockheed president...

Marillyn Hewson: Lockheed to Add Astrotech’s Satellite Launch Prep Offerings Through Acquisition

Marillyn Hewson
Marillyn Hewson Lockheed Martin (NYSE: LMT) has moved to expand its space systems business by agreeing to purchase Astrotech Corp.‘s business unit that provides satellite launch support work to the government and commercial sectors. Terms of the deal were undisclosed and Lockheed expects to wrap up its acquisition of Astrotech Space Operations in the third quarter of its 2014 fiscal year, subject...

Marillyn Hewson: Lockheed Opens Israeli Office to Help Back Military’s Southern Strategy

Marillyn Hewson
Marillyn Hewson Shelly Gotman, managing director of Lockheed Martin‘s (NYSE: LMT) information systems and global solutions unit for Israel, will oversee the company’s newly-opened office in Be’er Sheva. “The opening of our Lockheed Martin office here in Be’er Sheva is a demonstration of our commitment to supporting the Israeli Defense Force’s ‘Move to the...

Marillyn Hewson: Lockheed Seeks Aviation IT Business Growth Through BEONTRA Buy

Marillyn Hewson
Marillyn Hewson Lockheed Martin (NYSE: LMT) has bought airport planning and forecasting tools provider BEONTRA AG for an undisclosed amount. Marillyn Hewson, Lockheed chairman, president and CEO, said Tuesday that BEONTRA’s traffic and revenue planning portfolio will be integrated into Lockheed’s commercial aviation offerings. “BEONTRA’s capabilities expand our business in commercial...

Video: Lockheed CEO Marillyn Hewson on Govt Budgets, International Sales, F-35 Program & More

Marillyn Hewson
Marillyn Hewson, Lockheed Martin chairman, president and CEO, recently spoke with Bloomberg’s Peter Cook about a range of topics, including how international sales fit into the Bethesda, Md.-based aerospace, defense and security contractor’s future plans and her perspective on the current budget environment. “I must say I’m very encouraged that we do have two years of stability...

Marillyn Hewson Named Lockheed Board Chair; Bob Stevens to Retire From Company

Marillyn Hewson
Marillyn Hewson Marillyn Hewson, who became president and CEO of Lockheed Martin (NYSE: LMT) in January, has been elected to succeed current Executive Chairman Bob Stevens as chairman of the board. Stevens,  who led the company as CEO from 2004 to 2012, will step down from the board of directors Dec. 31 and retire from the company early next year, Lockheed said Monday. “As CEO, Marillyn has...