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Lockheed Martin Aeronautics Chief To Lead Spirit AeroSystems

Spirit AeroSystems [SPR] yesterday said that its board of directors has named Larry Lawson, who until Monday was the head of Lockheed Martin’s [LMT] $15 billion Aeronautics division, as its new president and CEO effective April 6. Lawson, 55, will succeed Jeff Turner, who has been Spirit’s CEO since the company’s formation in 2005 when it was sold by Boeing [BA]. “The board sought a CEO armed with a strong record of operating and financial performance on both mature and…

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Congress Updates

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The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]


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All Future Systems Should Have Autonomy Features, Reed Says

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

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