Lockheed Martin CEO Marillyn Hewson has stated that the company’s business growth strategy works to align with current trends in the global security landscape to address industry challenges and meet customer needs.
Hewson outlined the strategy in a media day event to highlight its technology investments and product and service portfolio in line with these trends, Lockheed said Wednesday.
“The global landscape is shifting faster every day, creating the most complex global security environment we’ve ever seen,” said Hewson, who also serves as chairman and president and is an inductee into Executive Mosaic‘s Wash100 for 2015.
She noted in her remarks that current global challenges center on the changing power dynamic, economic uncertainty, growing population and digital technology connectivity.
Lockheed aims to address these challenges through its military offerings that target flexibility in capabilities and adaptability to different missions, she said.
According to Hewson, the company has produced a record number of F-35 jets within a single year in 2014 and has begun delivery of the F-35C carrier variant to meet the U.S. Marine Corps‘ mission needs.
To address concerns about digital technology, she noted that Lockheed’s cybersecurity offerings leverage collected intelligence to protect data and critical infrastructure, while its satellite systems are designed to support both connectivity and communications needs.
She added that as the rising population leads to resource scarcity and impacts the environment, Lockheed’s satellite systems also support climate change and meteorological studies, as the company grows its investments in renewable energy technologies.
Hewson also called for more predictability in the budget and trade process and referred to the company’s efforts to foster affordability in its offerings, including the sustainment system for the F-35, as well as to continue research and development programs.
“While we remain focused on helping our customers address these four megatrends shaping our world today, as a technology leader we know that our future depends on our continued investment in innovation and scientific discovery,” she said.