Orlando Carvalho Orlando Carvalho, Lockheed Martin’s (NYSE: LMT) former executive vice president and general manager of the F-35 program, has been promoted to EVP of the aeronautics business area. Carvalho’s appointment is effective immediately and he succeeds Larry Lawson, will retire from the company April 5, Lockheed said Monday. Lorraine... 

Sondra Barbour Lockheed Martin (NYSE: LMT) has promoted 26-year company veteran Sondra Barbour and 13-year company veteran Rick Ambrose to the executive vice president ranks, the company said Thursday. Rick Ambrose Effective April 1, Barbour will serve as EVP for the information systems and global solutions business unit and Ambrose will hold the same... 

Ray Johnson Lockheed Martin (NYSE: LMT) has placed operations and program management functions into the corporate engineering and technology organization led byBudget Year Chief Technology Officer Ray Johnson, the Washington Business Journal reports. According to Jill Aitoro, CEO Marillyn Hewson is consolidating corporate functions that report to her... 

Frank Kendall An agreement between Lockheed Martin (NYSE: LMT) and the Defense Department on the fifth batch of F-35 fighter jets is close to completion, Defense Undersecretary Frank Kendall told Reuters Wednesday. Kendall, undersecretary for acquisition, technology and logistics, told Andrea Shalal-EsaEmployment Standards Administration he met with Lockheed... 

Marillyn Hewson Lockheed Martin (NYSE: LMT) has elected Marillyn Hewson, currently executive vice president for electronic systems, to succeed the retiring Bob Stevens as chief executive, effective Jan. 1, 2013. Bob Stevens In a release, the company said itInformation Technology also named her president, chief operating officer and director, effective... 

Dale Bennett Lockheed Martin (NYSE: LMT) has divided its electronic systems area into two new sectors and named Dale Bennett and Rick Edwards executive vice presidents for the new units, with the structure effective Dec. 31. Rick Edwards On that date, the company said Bennett will serve as EVP for the new mission systems and training area and Edwards... 

Bob Stevens, Lockheed Martin Lockheed Martin Corp. (NYSE: LMT) announced Thursday that Chairman and CEO Bob Stevens will retire as chief executive before the end of the year and will be succeeded byBudget Year President and Chief Operating Officer Chris Kubasik Jan. 1, 2013. The Bethesda, Md.-based security and aerospace contractor said Stevens will...