Lockheed Martin’s board of directors has elected president and CEO James Taiclet as chairman of the board, effective March 1. The board also elected Gregory Ulmer as executive vice president of Aeronautics, effective Feb. 1. Marillyn Hewson, executive chairman and 2020 Wash100 Award recipient, also announced her retirement as executive chairman and as a member of the board.
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Lockheed Martin Corporation has partnered with Be The Match to enable patients to continue receiving life-saving transplants without interruption during the COVID-19 pandemic by ensuring the timely delivery of bone marrow and blood stem cells for transplant, Lockheed Martin reported on Thursday.
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Lockheed Martin Corporation has reported first quarter 2020 net sales of $15.7 billion, net earnings of $1.7 billion and cash from operations of $2.3 billion, the company reported on Tuesday.
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Lockheed Martin has released new company guidance regulations due to the rapid spread of COVID-19 and its major societal impacts, the company announced on Friday.
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The Board of Directors of Lockheed Martin has appointed James Taiclet as president and CEO, effective June 15, the company announced on Monday.
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A bipartisan group of 99 House lawmakers agreed to increase the U.S. military’s fleet of F-35 fighter aircraft to reduce maintenance cost and address growing threats of other countries’ missile systems and stealth fighters, Defense News reported Monday. The Joint Strike Fighter Caucus sent a letter to House leaders calling for 12 additional F-35As and 12 F-35Bs for President Trump’s 2020 budget request.
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The Aerospace Industries Association has called on House and Senate leaders to finalize the appropriations bill for fiscal year 2018 as well as repeal or increase the budget caps in order to avert a possible sequestration. AIA and other defense and aerospace industry executives wrote in the Dec. 1 letter …
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President Donald Trump has said Lockheed Martin moved to lower the price of the next batch of 90 F-35s by approximately $600 million, The Washington Post reported Monday. Aaron Gregg writes Trump made the statement after weeks of discussion with Lockheed CEO Marillyn Hewson about the program’s cost. Last month, Hewson gave Trump her personal commitment to drive down the …
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President Donald Trump has launched an initiative that seeks to engage U.S. business leaders in efforts to increase job growth opportunities. Trump plans to hold meetings with executives to gather information about their experiences and insights on job creation as part of the Manufacturing Jobs Initiative, according to a White House press release published Friday. …
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President Donald Trump discussed plans to cut taxes and regulations in a meeting with business executives in the White House, the Washington Post reported Monday. Trump said he aims to remove at least 75 percent of regulations that govern businesses; expedite plans to build factories; and impose border tax on companies that …
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Executive Gov
