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...

Lisa Callahan to Succeed Erich Sanchack as Lockheed Internal Audit VP

lockheed martin
Lisa Callahan, a 27-year veteran of Lockheed Martin (NYSE: LMT), has been appointed to serve as vice president of internal audit and as a corporate officer starting Dec. 1. She currently serves as vice president and general manager for the undersea systems line of business within the mission systems and training business area, the company said Wednesday. Marillyn Hewson, Lockheed president and CEO,...

Lockheed Buys IT Firm Amor Group for Intl Expansion Strategy; Marillyn Hewson Comments

lockheed martin
Lockheed Martin (NYSE: LMT) has acquired Scotland-based information technology services provider Amor Group for an undisclosed amount in a move aimed at diversifying Lockheed’s IT portfolio. Amor Group focuses on the energy, transportation and public services sectors and built the Chroma Airport suite that works to manage aircraft movements and monitor the flow of passengers every year, Lockheed...

Report: Lockheed Closes $7B Deal to Supply 71 F-35s to DoD

lockheed martin
Lockheed Martin (NYSE: LMT) has secured a billion contract to provide the Defense Department  with 71 F-35 aircraft as part of a potential 2 billion military arms procurement and development program, Reuters reported Monday. Andrea Shalal-Esa writes news of the deal comes as the armed forces aim to catch up on flight test schedules that would enable the use of new jets for official missions. An...

Paul Lemmo Promoted to Lockheed SVP Role, Patrick Dewar to Lead New Intl Org; Marillyn Hewson Comments

Paul Lemmo
Paul Lemmo Paul Lemmo, formerly a vice president in Lockheed Martin‘s (NYSE: LMT) information systems and global solutions business, has been promoted to senior vice president of corporate strategy and business development. The 25-year defense industry veteran will lead a business organization comprising of offices in 25 U.S. cities and 25 countries, Lockheed said Monday. “Paul is a seasoned...