Long-Term Transformation. Lockheed Martin is undergoing a “multi-billion dollar, seven-year, company-wide” effort to transform its business to help fuel its 21st Century Warfighting concept, James Taiclet, the company’s chairman, president and CEO, said last week. The strategy, which Taiclet outlined shortly after becoming chief executive in June 2020, said the “One LM Transformation,” also called One LMX, is a “key driver” of the strategy and will change its “end-to-end business processes and systems,” he said during an Oct. 18 earnings…
Defense Watch: Lockheed Martin Transformation, L3Harris Cash, Top DoD Contractors
Defense Daily Staff
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