Marillyn Hewson

Chairman, President and Chief Executive Officer
Lockheed Martin

Lockheed CEO Marillyn Hewson Elected to 2016 Wash100 for Strategy Shift, Shareholder Value Leadership

MarillynHewson

Executive Mosaic is glad to unveil Lockheed Martin (NYSE: LMT) CEO Marillyn Hewson as an inductee into the 2016 edition of the Wash100 — Executive Mosaic’s annual selection of the most influential voices in the government contracting arena.

The three-decade and lifelong Lockheed veteran became chief executive of the world’s largest defense contractor in January 2013 and she also holds the titles of president and chairman of the board of directors at the Bethesda, Md.-based company.

This is the second consecutive year Executive Mosaic has selected Hewson to the Wash100.

In 2015, Hewson steered the company through two moves that represented large changes in the overall GovCon market’s composition: the $9 billion acquisition of Sikorsky Aircraft from United Technologies Corp. (NYSE: UTC) and the process to separate Lockheed’s government information technology and technical services business.

Lockheed’s divestiture of its services business marks a greater shift toward aerospace and defense markets the company views as core to growth and offers a new opportunity for the IT unit to expand its footprint under a new structure, Hewson told investors in a July conference call to discuss both moves.

“We think if we can stand it up as a standalone company or if it’s attractive to buyout when we can get the right price for it, that’s the best for that business to go forward,” she said then.

Reston, Va.-based government services contractor Leidos Holdings (NYSE: LDOS) will merge with those IT and services businesses in a Reverse Morris Trust transaction worth an estimated $5 billion to Lockheed shareholders through a one-time $1.8 billion payment and approximately $3.2 billion of stock in the combined entity.

“This transaction is an important milestone in the portfolio shaping strategy and allows to focus on our core business in aerospace and defense,” she said in a January conference call to discuss Lockheed’s full 2015 results with investors.

The company exceeded Wall Street’s expectations for full-year 2015 earnings and revenue as well as the fourth quarter analyst outlook.

Capital return to shareholders has also been a major focus of Lockheed during Hewson’s tenure to-date as the company has allocated close to $6.8 billion for stock repurchases over three years.

Lockheed’s earnings per share have risen 37 percent in the three years since her CEO appointment with a 31-percent increase in profit over that period against a nominal decline of 2 percent in sales from 2012.

Also in that three-year span, shares in Lockheed have risen 161 percent.

Forbes magazine ranked Hewson 20th in the publication’s 2015 list of “The 100 Most Powerful Women in the World,” which also includes another 2016 Wash100 selection in General Dynamics (NYSE: GD) CEO Phebe Novakovic.

Executive Mosaic congratulates Marillyn Hewson and the Lockheed Martin team for their selection to receive this award.

Personal Media

Media Date Published
Lockheed CEO Marillyn Hewson Inducted Into 2017 Wash100 for Intl Market Focus & F-35 Leadership Feb 10, 2017
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Lockheed CEO Marillyn Hewson Offers Trump ‘Personal Commitment’ to Reduce F-35 Cost Dec 27, 2016
Trump Asks Boeing for Super Hornet Competing Price Following Comments on F-35 Cost Dec 23, 2016
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Nikkei: Lockheed, Mitsubishi Submit Joint Response to Japan's F-2 Replacement RFI Oct 17, 2016
Lockheed Unveils Initial F-35A for Japan Air Self Defense Force; Marillyn Hewson Comments Sep 26, 2016
Lockheed to Support Troops, Veterans Through United Services Organization’s Orlando Facility Sep 22, 2016
DoD, Lockheed Eye F-35 Program Savings Through 2 Cost Reduction Strategies Jul 12, 2016
Lockheed, Israel Launch Country's First F-35A Jet Jun 23, 2016
Lockheed Awaits UK Regulatory Review Over Leidos Deal; IS&GS 2016 Forecast Lifted Apr 26, 2016
Lockheed Launches Generation Beyond STEM Education Program Apr 18, 2016
Marillyn Hewson: Lockheed Increased 2015 R&D Spending to $839M to Meet National Security Demand Mar 16, 2016
Lockheed Martin Names John Mollard VP & Treasurer; Marillyn Hewson Comments Mar 02, 2016
John Rood Named Lockheed Martin Int'l Business SVP; Marillyn Hewson Comments Mar 01, 2016
Bloomberg: Lockheed Eyes F-16 Manufacturing in India Feb 19, 2016
General Dynamics CEO Phebe Novakovic Selected to 2016 Wash100 for Financial Performance, Stockholder Return Leadership Feb 11, 2016
Lockheed CEO Marillyn Hewson Elected to 2016 Wash100 for Strategy Shift, Shareholder Value Leadership Feb 04, 2016
Event Celebrates Sikorsky's Integration into Lockheed; Marillyn Hewson Comments Nov 16, 2015
Lockheed Appoints Dan Schultz President of New Sikorsky Unit; Marillyn Hewson Comments Nov 09, 2015
Lockheed 3Q Earnings, Revenue Top Forecasts; Marillyn Hewson Updates IS&GS Review and Sikorsky Buy Oct 20, 2015
Norway, Lockheed Unveil Country's First F-35A Jet; Marillyn Hewson Comments Sep 23, 2015
Marillyn Hewson: Lockheed to Keep Gov't Cyber Business Jul 28, 2015
BRUCE CARLSON JOINS LOCKHEED MARTIN BOARD OF DIRECTORS Jun 29, 2015
Former NRO Director Bruce Carlson Elected to Lockheed Board; Marillyn Hewson Comments Jun 26, 2015
Reports: Germany to Purchase MEADS Missile Defense System for $4B Jun 09, 2015
Lockheed Eyes Growth Opportunities in Environmental Projects Mar 23, 2015
Marillyn Hewson Chosen To Wash100 for M&A, Tech Leadership Feb 20, 2015
Marillyn Hewson: Boeing-Lockheed Team Sees Opportunity in Air Force Bomber Competition Feb 20, 2015
Darrell Durst Describes Lockheed Strategy Against Cyber Attacks in 2014 Feb 19, 2015
Lockheed's Marillyn Hewson Outlines Efforts to Address Challenges in Global Security Landscape Feb 19, 2015
Marillyn Hewson, Lockheed CEO, Selected to Wash100 for M&A and Tech Leadership Feb 05, 2015
Lockheed Reports 9% Revenue Spike in 4Q With F-35, Int'l Sales Growth Jan 27, 2015
Lockheed Promotes Robert Rangel to SVP for Washington Ops; Marillyn Hewson Comments Dec 09, 2014
Lockheed Martin Launches Abu Dhabi-Based Tech Collaboration Hub; Marillyn Hewson Comments Dec 08, 2014
Bridget Lauderdale Named Lockheed Corporate Strategy, BD SVP; Marillyn Hewson Comments Dec 01, 2014
Marillyn Hewson: Lockheed Continues Support for Energy Sector Through STEM Talent Nov 19, 2014
Frank Kendall to Discuss Acquisition Reform Effort with Industry Leaders Oct 31, 2014
WEEKLY ROUNDUP OCT 24 – OCT 30 2014 Oct 31, 2014
Marillyn Hewson: Lockheed Makes Federal Health IT Play With Buy of Systems Made Simple Oct 30, 2014
Marillyn Hewson: Lockheed to Support US-Japan Security, Growth, Sustainability Programs Oct 14, 2014
HENAAC Names 3 Lockheed Honorees for Tech Innovations; Marillyn Hewson Comments Oct 08, 2014
Marillyn Hewson: Lockheed Extends Dividend Increases as Repurchase Program Continues Sep 26, 2014
Marillyn Hewson Highlights Lockheed STEM, Collaboration Initiatives Sep 25, 2014
Marillyn Hewson: Lockheed Eyes 20% Mark for Int'l Sales Aug 06, 2014
Lockheed Completes First Two F-35s for Australian Air Force; Marillyn Hewson Comments Jul 25, 2014
Marillyn Hewson: Lockheed Seeks to Complement Intell Sharing Tech Portfolio With Zeta Associates Buy Jun 30, 2014
Marillyn Hewson: Lockheed Brings Future Tech Today Through Partnerships, Innovation Jun 10, 2014
Marillyn Hewson: Lockheed to Add Astrotech's Satellite Launch Prep Offerings Through Acquisition May 29, 2014
Lockheed's Marillyn Hewson, MBDA's Thomas Homberg Discuss MEADS Technology Apr 28, 2014
Marillyn Hewson: Lockheed Opens Israeli Office to Help Back Military's Southern Strategy Apr 10, 2014
Marillyn Hewson: Lockheed Seeks Aviation IT Business Growth Through BEONTRA Buy Mar 18, 2014
Marillyn Hewson: Lockheed to Buy Industrial Defender for Commercial Cyber Push Mar 12, 2014
Marillyn Hewson on the White House's Voluntary Cybersecurity Framework Feb 13, 2014
Video: Lockheed CEO Marilyln Hewson on Govt Budgets, International Sales, F-35 Program & More Feb 11, 2014

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