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Dan Schultz, formerly vice president of Lockheed Martin‘s (NYSE: LMT) ship and aviation systems business, will serve as president of the company’s newly acquired Sikorsky helicopter business. Lockheed said Friday Schultz led Sikorsky’s integration into the Lockheed mission systems and training organization a...

Bruce Carlson, who led the U.S. National Reconnaissance Office from 2009 to 2012, will officially join Lockheed Martin (NYSE: LMT) on July 1 as a member of the board of directors. Lockheed said Thursday that Carlson, a retired U.S. Air Force general, will also serve on the board’s nominating and corporate governance and classified business...

Germany has placed a potential $4.5 billion order for the Medium Extended Air Defense System made by Lockheed Martin (NYSE: LMT) and MBDA as part of efforts to update country’s missile defense system, Syracuse.com reported Monday. Mark Weiner writes that Lockheed’s plant in the Salina subur...

Executive Mosaic, Tysons Corner, VA February 20, 2015 – Marillyn Hewson has been listed among this year’s Wash100 most influential leaders in GovCon for the Lockheed Martin CEO’s leadership role in the mergers & acquisitions and technology markets. The Wash...

Lockheed Martin (NYSE: LMT) has announced financial results for its fourth quarter and full 2014 fiscal year ended Dec. 31, 2014. Revenue for the fourth quarter increased 8.6 percent year-over-year and the company reported a modest revenue gain of two-thirds a percent for the full fiscal year. The company attribut...

Robert Rangel, vice president of Lockheed Martin (NYSE: LMT) programs and global security policy, will succeed Greg Dahlberg as the company’s senior vice president for Washington operations effective January 2015. Lockheed said Monday Rangel will lead engagement efforts with Congress, the Defense Department and other Washington-based federal a...