Lockheed Martin (NYSE: LMT) has received from the Federal Trade Commission a second request for additional information as FTC continues to review its proposed acquisition of Aerojet Rocketdyne (NYSE: AJRD). The latest request extends for another 30 days the waiting period under the Hart-Scott-Rodino Act, Lockheed said Friday. In December, …
Read More »Lockheed Announces Passing of 34-Year Company Veteran Michele Evans
Michele Evans, most recently executive vice president of Lockheed Martin's (NYSE: LMT) aeronautics business area, passed away Friday at the age of 55. “Throughout her career, Michele led some of the most important programs that ensure the security of our nation and its allies and help make our world a safer place,” Lockheed President and CEO James Taiclet said in a statement Saturday.
Read More »Lockheed Strikes $4.4B Deal for Aerojet Rocketdyne; James Taiclet, Eileen Drake Quoted
Lockheed Martin (NYSE: LMT) has agreed to acquire Aerojet Rocketdyne (NYSE: AJRD) for approximately $4.4B in a move to expand its capabilities in the areas of hypersonics, space exploration, integrated air and missile defense and tactical missiles. The deal is expected to conclude in the second half of 2021, subject to approval by Aerojet Rocketdyne’s stockholders, regulatory clearances and other customary closing conditions.
Read More »James Taiclet: Lockheed Targets $1B Supply Chain Payment by Year’s End
James Taiclet, president and CEO of Lockheed Martin (NYSE: LMT), has said the company has expedited payments to 10K suppliers that include 5.9K U.S. small businesses during the coronavirus pandemic and estimated that accelerated supply chain invoices will reach more than $1B by the end of this year.
Read More »James Taiclet: Hypersonic Weapons Programs Drive Growth in Lockheed’s Space Segment
James Taiclet, president and CEO of Lockheed Martin (NYSE: LMT), said the company saw earnings growth in the space segment and attributed the increase to hypersonic weapons programs, Defense News reported Tuesday.
Read More »Lockheed Expedites $500M in Weekly Supplier Payments in August
Lockheed Martin (NYSE: LMT) is working to accelerate up to $500M in supplier payments as part of the company’s efforts to help government and industry partners in COVID-19 recovery initiatives.
Read More »James Taiclet: Lockheed’s Accelerated DoD Progress Payments to Suppliers Hit $1.1B
James Taiclet, president and CEO of Lockheed Martin (NYSE: LMT), said the company has accelerated more than $1.1B in progress payments it has received from the Department of Defense to its suppliers to support the defense industrial base and national security efforts during the COVID-19 pandemic.
Read More »James Taiclet Takes Helm of Lockheed; Marillyn Hewson Quoted
James Taiclet, a board member at Lockheed Martin (NYSE: LMT) since 2018, on Monday officially assumed his duties as president and CEO of the company. He succeeds Marillyn Hewson, who now serves as executive chairman of the board and continues to support the leadership transition.
Read More »Yvonne Hodge Named Lockheed Enterprise Business Transformation SVP
Yvonne Hodge, vice president of business innovation transformation and enterprise excellence at Lockheed Martin’s (NYSE: LMT) space business, will assume the role of senior VP of enterprise business transformation on June 15. Hodge will report to James Taiclet, the incoming president and CEO of Lockheed, and oversee the company’s enterprise information technology, enterprise transformation and digital transformation teams as well as the development and implementation of strategies and cross-functional platforms, Lockheed said Wednesday.
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James Taiclet to Succeed Marillyn Hewson as Lockheed President, CEO
James Taiclet, a board member at Lockheed Martin (NYSE: LMT), has been elected by the board of directors to succeed Marillyn Hewson as president and CEO, effective June 15. Hewson, who has served as president and CEO since 2013 and a 2020 Wash100 award winner, will transition to the role of executive chairman of the board by mid-June, Lockheed said Monday.
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