J. Christopher Moran, a 35-year technology industry veteran and former senior executive at Applied Materials, has joined Lockheed Martin as executive director and general manager of the company’s venture capital business.
He will manage Lockheed Martin Ventures‘ strategy and pipeline development, investment tracking, transaction execution and reporting functions, the company said Tuesday.
“With his guidance, we will work with other leading investors to identify, make and manage financially attractive investments that support Lockheed Martin's strategic objectives,” noted Greg Psihas, vice president of corporate development at Lockheed.
“Our investments will typically range from $1 million to $5 million and focus on companies creating disruptive technologies that advance our core capabilities,” Psihas added.
Moran has worked at several Silicon Valley-based technology and engineering companies over the past three decades, including an eight-year career at Applied Materials’ venture capital fund Applied Ventures.
He also held positions at Atari and Hughes Aircraft.