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Search Results for: "Marillyn Hewson"

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

Lockheed Martin (NYSE: LMT) has secured a $7 billion contract to provide the Defense Department  with 71 F-35 aircraft as part of a potential $392 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 …

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Orlando Carvalho Promoted To Lockheed Aeronautics VP

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 …

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Lockheed Names Sondra Barbour IS&GS EVP, Rick Ambrose Space Systems EVP

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 …

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Lockheed CTO Ray Johnson to Lead Operations, Program Mgmt in Reorganization

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. …

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Frank Kendall: Lockheed, DoD Closing in on New F-35 Contract

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 …

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Lockheed Reorganizes Electronic Systems, Names Dale Bennett, Rick Edwards New Unit Heads; Stevens, Kubasik Comment

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 …

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Lockheed Names COO Chris Kubasik Board Vice Chair; Douglas McCorkindale Comments

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. …

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HP Promotes Bill Veghte To COO; Meg Whitman Comments

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 …

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Lockheed CEO Bob Stevens to Retire; President, COO Chris Kubasik to Succeed Jan. 1

Lockheed Martin Corp. (NYSE: LMT) announced Thursday that Chairman and CEO Bob Stevens will retire as chief executive before the end of the year and will be succeeded by President and Chief Operating Officer Chris Kubasik Jan. 1, 2013. The Bethesda, Md.-based security and aerospace contractor said Stevens will stay on as …

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