Search

Hewson Retiring As Lockheed Martin Chief; American Tower CEO Taiclet Tapped To Succeed

Hewson Retiring As Lockheed Martin Chief; American Tower CEO Taiclet Tapped To Succeed
The Lockheed Martin Board of Directors has elected James D. Taiclet, 59, as president and CEO, effective June 15. Taiclet is an experienced leader with nearly two decades of serving as a CEO for a large, international publicly traded company. He has been a director on the Lockheed Martin board since January 2018.

Lockheed Martin [LMT] on Monday said that Marillyn Hewson on June 15 will retire as president and CEO of the nation’s largest defense contractor and be succeeded by James Taiclet, the current executive chairman, president and CEO of American Tower Corp. [AMT], a global provider of telecommunications real estate for wireless infrastructure. Hewson, 66, who has served as chairman, president and CEO since 2014 and as president and CEO since 2014, will continue as executive chairman of the $59.8 billion…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.



Congress Updates

All Future Systems Should Have Autonomy Features, Reed Says

Last week, Sen. Jack Reed (D-R.I.) visited North Kingstown, R.I.-based Senesco, which is teaming with autonomous systems company Havoc to bid on the U.S. Navy’s Medium Unmanned Surface Vessel program. […]


Senate Appropriators Concerned With DoD’s Reconciliation Plan For Top FY ‘27 Priorities, Aide Says

Senate defense appropriators have concerns with the Pentagon’s decision to include key fiscal year 2027 funding priorities, such as critical munitions and drones production, among its request for $350 billion […]


With $1.5 Trillion Request, Army, Air Force, Navy’s Unfunded Lists Focus Solely On MILCON Projects

With the Trump administration’s push to massively increase defense spending to $1.5 trillion in fiscal year 2027, the Army, Air Force and Navy have eschewed submitting large unfunded priorities lists […]


Bipartisan House Bill Would Give National Guard To Counter-Drone Authorities

Seeking to close gaps that may arise between state and local law enforcers in different jurisdictions, a bipartisan contingent of House members this week introduced a bill that would allow […]