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Rick Ambrose: Lockheed Pursues Investments to Advance Manufacturing Process Amid ‘NewSpace’ Challenge

Rick Ambrose

TYSONS CORNER, VA, Nov. 28, 2017 — Rick Ambrose, executive vice president of the space systems segment at Lockheed Martin (NYSE: LMT), has noted the company’s multi-year investments in production techniques as it works to position itself against “NewSpace” startups, ExecutiveBiz reported Wednesday.

Ambrose, an inductee into Executive Mosaic’s Wash 100 for 2017, told Via Satellite in an interview published Nov. 21 that both NewSpace and traditional space companies target new technologies amid a changing market.

He said some of Lockheed’s manufacturing investments are in model-based engineering and 3D printing to build on the production of satellite components.

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