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Business/Financial

Lightfoot To Succeed Ambrose At Lockheed Martin Space

By Cal Biesecker

Tuesday, November 30th, 2021

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Lightfoot To Succeed Ambrose At Lockheed Martin Space

Robert Lightfoot, executive vice president, Lockheed Martin Space. Photo: Lockheed Martin

Lockheed Martin [LMT] on Tuesday named Robert Lightfoot as the next head of its $11 billion Space segment, succeeding Rick Ambrose, who will retire March 1, 2022. Lightfoot, currently vice president of operations for Lockheed Martin Space, will become executive vice president of the Space business on Jan. 1, 2022. Ambrose, who announced his plans to retire in October, will help with the transition. “Robert is a mission-oriented leader with the right combination of experience to take our Space business…

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