Lockheed Martin Corp.

Lockheed Martin Corp.

Sector: Aircraft Region: MD, United States

: | New York Stock Exchange: LMT

Similar to: Dassault Aviation SA, European Aeronautic Defence & Space NV

Lockheed Martin Corp. operates as a global security and aerospace company. The company is engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. It also provides a broad range of management, engineering, technical, scientific, logistic and information services. The company operates its business through the following segments: Aeronautics, Information Systems & Global Solutions, Missiles & Fire Control, Mission Systems & Training and Space Systems. The Aeronautics segment is engaged in the research, design, development, manufacture, integration, sustainment, support, and upgrade of advanced military aircraft, including combat and air mobility aircraft, unmanned air vehicles and related technologies. It also provides logistics support, sustainment, and upgrade modification services for its aircraft. The Information Systems & Global Solutions segment provides management services, information technology solutions, and advanced technology expertise across a broad spectrum of applications. It provides network-enabled situation awareness, delivers communications and command and control capability through complex mission solutions for defense applications and integrates complex global systems to help its customers gather, analyze and securely distribute critical intelligence data. The Missiles & Fire Control segment provides air and missile defense systems; tactical missiles and air-to-ground precision strike weapon systems; fire control systems; mission operations support, readiness, engineering support and integration services; logistics and other technical services; and manned and unmanned ground vehicles. The Mission Systems & Training segment provides surface ship and submarine combat systems; sea and land-based missile defense systems; radar systems; mission systems and sensors for rotary and fixed-wing aircraft; littoral combat ships; simulation and training services; unmanned technologies and platforms; ship systems integration; and military and commercial training systems. The Space Systems segment is engaged in the design, research and development, engineering, and production of satellites, strategic and defensive missile systems and space transportation systems, including activities related to the planned replacement of the Space Shuttle. Lockheed Martin was founded in March 1995 and is headquartered in Bethesda, MD.

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Intelligence Driven Defense

An F-35B test aircraft completes its first-ever vertical takeoff (VTO) at NAS Patuxent River, Research industry analysts predict that hackers and cyber criminals will continue to have a serious financial and national security impact on our economy and critical infrastructure for the foreseeable future. Every industry is vulnerable. Every industry needs to address cyber security. Lockheed Martin has developed Intelligence Driven Defense solutions to address the Advance Persistent Threat (APT) and sophisticated adversaries we face.

Lockheed Martin Corp. video

Intelligence Driven Defense

Lockheed Martin Corp. video

Lockheed Martin Energy Solutions

Lockheed Martin Corp. video

Aerospace Caucus Luncheon


Robert J. Stevens, Chairman and Chief Executive Officer
Robert J. Stevens serves as Chairman and Chief Executive Officer of Lockheed Martin. He has held a variety of increasingly responsible executive positions with the Corporation, including President and Chief Operating Officer, Chief Financial Officer, and head of Strategic Planning through a career that has included experience in program management, finance, manufacturing, and operations.
Mr. Stevens is a Fellow of the American Astronautical Society, the American Institute of Aeronautics and Astronautics (AIAA), the Royal Aeronautical Society, and the International Academy of Astronautics. In addition, in May 2012, AIAA named Mr. Stevens an Honorary Fellow, its highest honor. He serves on the International Advisory Boards of the Atlantic Council and the British-American Business Council and also serves on the Executive Committee of the Aerospace Industries Association’s Board of Governors. He is a member of the Council on Foreign Relations, Lead Director of the Monsanto Company, and a member of the Board of Directors of the Congressional Medal of Honor Foundation. Mr. Stevens served on President George W. Bush's Commission to Examine the Future of the United States Aerospace Industry, and in January 2012, he was appointed by President Barack Obama to the Advisory Committee for Trade Policy and Negotiations.
Born in McKeesport, Pennsylvania, Mr. Stevens is a summa cum laude graduate of Slippery Rock University, from which he received the Distinguished Alumni Award. He earned a master's degree in engineering and management from the Polytechnic University of New York and, with a Fairchild Fellowship, earned a master's degree in business from Columbia University. He is a graduate of the Department of Defense Systems Management College Program Management course and also served in the United States Marine Corps. He has been recognized by the National Management Association as Executive of the Year, by Government Computer News as the Industry Executive of the Year, by the Partnership for Public Service with the Private Sector Council Leadership Award, and by the Marine Corps Scholarship Foundation with the Globe and Anchor Award. In 2010, he received the Marine Corps Heritage Foundation’s inaugural LeJeune Recognition for Exemplary Leadership, and in 2011 he was recognized by the National Defense Industrial Association with the James Forrestal Industry Leadership Award and inducted into the Washington Business Hall of Fame.
Christopher E. Kubasik, President and Chief Operating Officer
Christopher E. Kubasik is Vice Chairman, President and Chief Operating Officer of Lockheed Martin Corporation. He serves with the company’s Chairman and Chief Executive Officer in the Executive Office of the Chairman, which was established on October 1, 2011. On April 25, 2012, Lockheed Martin’s Board of Directors elected Mr. Kubasik as the Corporation’s next Chief Executive Officer, effective January 1, 2013. As part of that leadership transition, he was elected Vice Chairman on June 28, 2012.
Prior to his appointment as President and Chief Operating Officer on January 1, 2010, Mr. Kubasik served as Executive Vice President of the Corporation’s Electronic Systems Business Area, a position he assumed in September 2007. Previously, he served as the Corporation’s Chief Financial Officer, responsible for all aspects of Lockheed Martin’s financial strategies, processes and operations.
Mr. Kubasik is the Steering Committee Chair of the Defense Industry Initiative, a nonpartisan, nonprofit association of responsible U.S. defense companies committed to conducting business affairs at the highest ethical level and in full compliance with the law. He serves on the USO Board of Governors, the Board of Directors of International Paper Company, and the University of Maryland College Park Foundation’s Board of Trustees. From 2007-2010, he served as Chairman of the Board of Sandia Corporation, which operates the Sandia National Laboratories for the U.S. Department of Energy.
Mr. Kubasik received an Executive Engineering Certificate from Carnegie Mellon University in 2008 and completed the Systems Acquisition Management Course for Flag Officers at the Defense Acquisition University, Fort Belvoir, in 2004. He received his bachelor's degree from the University of Maryland in 1983.
Bruce L. Tanner, Executive Vice President and Chief Financial Officer
Bruce L. Tanner is Executive Vice President and Chief Financial Officer for Lockheed Martin Corporation. Mr. Tanner was appointed to his current position on September 1, 2007. As Chief Financial Officer (CFO), Mr. Tanner is responsible for all aspects of the Corporation’s financial strategies, processes, and operations.
Prior to assuming the post of CFO, Mr. Tanner served as Vice President of Finance and Business Operations for Lockheed Martin Aeronautics Company since April 2006. In this role, he was responsible for all business aspects of the company including Financial Management, Accounting, Estimating, Contracts, and Program Finance.
Mr. Tanner also served as Vice President of Finance and Business Operations for Lockheed Martin’s Electronic Systems Business Area for four years before returning to the Aeronautics Business Area where he began his career in January 1982. Beginning in 1982, he held positions of increasing responsibility including Manager of Finance and Director of Financial Management. He served as Vice President, Business Management from 1997 until his promotion to the Electronic Systems Business Area in 2002.
Mr. Tanner received a BBA in Finance from the University of Michigan in 1981 and an MBA in Finance from the University of Texas at Arlington in 1990. He also has completed training at the Lockheed Martin Leadership Skills Institute, Lockheed Martin Advanced Institute and Financial Standards I & II training.

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