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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.

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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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