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 Martin, former …

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. Effective April 1, Barbour will serve as EVP for the information systems and global solutions business unit and Ambrose will hold the same …

Lockheed Martin (NYSE: LMT) has placed operations and program management functions into the corporate engineering and technology organization led by 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 at the Bethesda, Md. headquarters. …

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-Esa he met with Lockheed President and Chief Operating Officer Marillyn …

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. On that date, the company said Bennett will serve as EVP for the new mission systems and training …

Lockheed Martin Corp.‘s (NYSE: LMT) board of directors has appointed Chief Operating Officer Chris Kubasik to the board and elected him vice chairman, effective Thursday. He will use this position to prepare to succeed Bob Stevens as CEO in January 2013, Lead Director Douglas McCorkindale said in a company release. …

Hewlett-Packard (NYSE: HPQ) has promoted Bill Veghte to chief operating officer, effective immediately, the company announced Wednesday. The company also named his successor as executive vice president of the software group (click over to GovCon Executive to find out who the successor is). Veghte will work with CEO Meg Whitman …

Lockheed Martin Corporation has announced four leadership appointments and a realignment within its Electronic Systems business area. The actions are effective in early 2010. “These leadership appointments and the business realignment are the latest steps we’re taking to strengthen program performance and increase operational excellence across the corporation, ” said …