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Lockheed’s Space Arm to Operate With 3 Lines of Business in Realignment Move

Lockheed Martin’s (NYSE: LMT) space segment will streamline its five business lines into three as part of a realignment initiative meant to improve the delivery of space capabilities to customers, facilitate collaboration with suppliers and partners, better address emerging threats and further advance growth and innovation.

Maria Demaree, most recently vice president and general manager of special programs at Lockheed’s space business and a 2023 Wash100 awardee, will oversee national security space, the newly formed business line that covers classified and defense portfolios with oversight of programs supporting military space, special programs and mission solutions customers, the defense contractor said Thursday.

Commercial civil space and strategic and missile defense systems will serve as the two other business lines within Lockheed Martin Space.

Commercial civil space will focus on space infrastructure development and cover exploration and scientific discovery missions, while strategic and missile defense systems line of business will focus on hypersonic, missile defense and strategic deterrence programs.

Stacy Kubicek, VP and GM of mission solutions, and Johnathon Caldwell, VP and GM of military space, will remain in their current positions during the transition and serve as strategic advisers to help Demaree establish the new national security space team.

Lockheed Martin Space will also establish a product center led by Mike Patton, who previously managed the company’s space operations.

The realignment came after the launch of a new unit, dubbed Ignite, to rapidly develop and deliver on-orbit capabilities to government agency customers.

“With an eye toward the future and building on our current business momentum, these changes position us to deliver end-to-end solutions for today’s mission demands and well into the future,” said Robert Lightfoot, executive vice president of Lockheed Martin Space and a 2023 Wash100 Award recipient.

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