Chairman, President and CEO
Executive Mosaic is glad to introduce Lockheed Martin CEO Marillyn Hewson into the 2017 edition of the Wash100 — the Most Influential Voices in government contracting — that represents her third consecutive induction.
Lockheed completed in August the spinoff of its former information systems and global solutions business and the estimated $5 billion unit subsequently merged into Leidos Holdings to create the largest pure-play government services company at $10 billion in sales.
For Lockheed, that move came almost nine months after its $9 billion acquisition of the Sikorsky helicopter business to further position the company in large aerospace and defense programs along with the addition of a commercial rotorcraft footprint.
That refocus has also included an increased emphasis on international sales, which Hewson said in October were on track to exceed the company’s goal of 25 percent of overall revenue.
Lockheed has raised its goal of international sales content to 30 percent “in the next few years” with the F-35 fighter jet and missile defense programs key components of that strategy, she told investors then.
“When you think about the backlog that we’ve also been building over time, 30 percent of our backlog is international today. So we’ve got a lot of quality booked business that will come in toward those international sales,” she added.
Hewson met with President Donald Trump in January to discuss the F-35 program after his criticisms of the jet’s costs on Twitter and she subsequently told reporters inside Trump Tower the contract for the next batch — Lot 10 — will include price cuts.
That contract for the program’s 10th batch of planes will also “thousands more” jobs at the Fort Worth, Texas production facility and across the U.S., she added.
In late January, the Trump administration announced Hewson as one of 28 CEOs of large corporations that will advise the Trump administration on the president’s Manufacturing Jobs Initiative that aims to spur domestic employment growth.
Lockheed reported $47.2 billion in revenue for 2016 to register a 17.5-percent increase from the previous year and expects to report 2017 sales of $49.4 billion-$50.6 billion.
Forbes magazine listed Hewson 24th in the publication’s 2016 list of “The 100 Most Powerful Women in the World” to lift her 39 spots from the prior year’s ranking.
|Lockheed CEO Marillyn Hewson Inducted Into 2017 Wash100 for Intl Market Focus & F-35 Leadership||Feb 10, 2017|
|Reports: DoD Seals $8.5B Deal With Lockheed for 90 F-35s||Feb 06, 2017|
|President Trump: Lockheed Cuts Price on Next F-35 Production Lot||Jan 31, 2017|
|White House to Discuss Job Creation Efforts With Industry Execs||Jan 30, 2017|
|Report: Trump Discusses Plans to Cut Taxes, Regulations With Company Leaders||Jan 25, 2017|
|January 24 Market Close: GovCon Index Advances With Boeing Lift, Lockheed Drags on Dimmed Guidance & Sikorsky Material Weakness||Jan 24, 2017|
|Report: Lockheed, DoD Eye Potential $9B Deal on Next F-35 Batch by End of January||Jan 20, 2017|
|Boeing CEO Says Progress Made on ‘Simplifying Requirements’ for Air Force One After Trump Meeting||Jan 17, 2017|
|LOCKHEED CEO MARILLYN HEWSON: UPCOMING CONTRACT TO MITIGATE F-35 COST, ADD JOBS||Jan 17, 2017|
|Lockheed CEO: New Deal to Cut Costs on Next F-35 Line ‘Close’||Jan 13, 2017|
|Sen. John McCain Issues Statement on F-35 Program Schedule Delay, Cost Overrun||Jan 13, 2017|
|Deborah Lee James: Super Hornets Cannot Replace F-35 Fighters||Jan 09, 2017|
|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|
|Lockheed’s Marillyn Hewson Talks Govt-Industry Partnership’s Role in ‘Innovative Entrepreneurship’ at Canadian Aerospace Summit||Nov 16, 2016|
|Lockheed's Marillyn Hewson: Sustained Investment, Interoperability & Talent Key to NATO's Tech Edge||Nov 11, 2016|
|Lockheed Chief Marillyn Hewson Offers 3 Ideas to Maintain NATO's Tech Edge||Nov 10, 2016|
|Lockheed Boosts Intl Sales Goal to 30% on F-35, Missile Defense Prospects||Oct 25, 2016|
|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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