Tag Archives: marillyn hewson

Lockheed Martin CEO Marillyn Hewson said during a conference call Tuesday that she expects Congress to reach a defense budget deal for the remaining months of fiscal 2017, Orlando Sentinel reported Tuesday. Marco Santana writes Hewson added lawmakers should work to ensure a continuous flow of funds to all military branches. “We, as a nation, need …

Lockheed Martin CEO Marillyn Hewson has said the company aims to reduce the price of the F-35A fighter jet to $85 million or lower per aircraft by 2019 as part of its goal to save over $5 billion on the F-35 program. Hewson said in a speech delivered Tuesday at Lockheed’s media …

The defense sector trade group Aerospace Industries Association has elected new members its executive board of governors for 2017 that includes at least 20 government contracting industry leaders. AIA said Thursday Boeing CEO Dennis Muilenburg was chosen to serve as the association’s chairman of the board and Raytheon chief executive Thomas Kennedy was elected …

Lockheed Martin CEO Marillyn Hewson has said the Canadian government and the aerospace and defense industry should promote entrepreneurship, seek opportunities in emerging markets and create a pipeline of science, technology, engineering and math professionals to advance innovation. She noted in her speech Tuesday at the Canadian Aerospace Summit that industry and government should …

Lockheed Martin CEO Marillyn Hewson has said NATO and industry partners can maintain their technological edge through sustained investment, interoperability and talent development. Hewson said Wednesday at the NATO-Industry forum in Brussels alliance members should provide consistent and sustained defense spending to support operational readiness and the industry’s research and development efforts. She added alliance members’ pledges to allocate 2 percent …

Lockheed Martin Chairman, President and CEO Marillyn Hewson has said her company and its partner Mitsubishi Heavy Industries have jointly responded to Japan’s request for information on stealth fighter aircraft in August, Nikkei reported Saturday. Sam Nussey writes that Japan is considering whether to develop new aircraft domestically, tap foreign defense companies or just procure additional …

Lockheed Martin and Japan have marked the delivery of the country’s first F-35A aircraft in a ceremony held Friday to commemorate the national defense and security alliance between Japan and the U.S. More than 400 guests from the government, military and defense industry sectors in both countries attended the F-35A rollout ceremony, Lockheed Martin said Friday. “As the security environment …

Lockheed Martin will offer support to service members, veterans and their families through a new 3,400-square-foot facility that United Services Organization unveiled at the Orlando International Airport in Florida. Lockheed said Wednesday it will support the new USO welcome center in Orlando through its employee volunteers. The company said it offers assistance …

The Defense Department and Lockheed Martin have unveiled a pair of initiatives that aim to reduce the costs of producing and sustaining the F-35 Lightning II aircraft and weapon system. Lockheed, the primary F–35 contractor, and its principal industry partners BAE Systems and Northrop Grumman will invest an additional $170 million over the next two years in …

Lockheed Martin and Israel have launched the country’s first F-35A fighter jet at a ceremony with at least 400 people in attendance such as company executives and Israel and U.S. government officials. The conventional-takeoff-and-landing jet’s stealth technology, fused sensor information, network-enabled operations and sustainment support functions are designed to help Israel face threats such as missiles …

Lockheed Martin has unveiled a science, technology, engineering and math educational program for elementary, middle school and high school students across the U.S. which features an online curriculum and virtual reality tools. The company said Friday the Generation Beyond program was announced at the Lockheed-sponsored USA Science & Engineering Festival. “Our children — …

Lockheed Martin CEO Marillyn Hewson has said the company increased its investments in research and development efforts to $839 million in 2015 in an effort to meet its international clients’ current and future defense and national security requirements. She noted in her speech at Lockheed’s 2016 Media Day in Virginia Tuesday that such …

Lockheed Martin has selected John Mollard, vice president of financial planning and analysis, to serve as both VP and treasurer as well as a newly elected corporate officer beginning April 4. The company said Monday Mollard will be in charge of its LMC Properties subsidiary and global banking activity and oversee treasury operations, rating agency relations, …

Lockheed Martin has made an offer to India for the manufacture of F-16 fighter jets in the country in an effort to help upgrade the Indian defense sector, Bloomberg reported Thursday. Phil Shaw, CEO of Lockheed’s Indian unit, said the company’s CEO and President Marillyn Hewson opened the deal’s possibility to Indian …

Lockheed Martin and Sikorsky held an event Friday to formally mark their combination, a week after Lockheed closed its approximately $9 billion acquisition of the helicopter manufacturing business from United Technologies Corp. “Today is the beginning of an exciting new period for our company,” Marillyn Hewson, Lockheed chairman, president and …