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Business/Financial

Lockheed Martin BMD Efforts Move Ahead, Officials Say

By Cal Biesecker

Friday, March 22nd, 2013

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Lockheed Martin [LMT] continues its work on ballistic missile defense programs even as program uncertainties and budget cuts loom, company officials said. “There’s an increased concern about the (ballistic missile) threat, so I think the demand will continue,” John Osborn, director of Missile Defense for Lockheed Martin Information Systems and Global Solutions-Defense, said yesterday during a media briefing. Lockheed Martin must focus on program performance, delivering the product and ensuring the required capabilities are there, he said. With sequestration cuts…

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