:

Business/Financial

Lockheed Martin Bolsters F-35 Management, Makes Other Executive Moves

Defense Daily Staff

Tuesday, June 28th, 2011

SHARE:

Lockheed Martin [LMT] yesterday confirmed that it is moving the head of its Mission Systems and Sensors (MS) business unit to help with the high level management of its F-35 Joint Strike Fighter program, which has been struggling with cost overruns and schedule delays. Orlando Carvalho, president of MS2, will become vice president and deputy of the F-35 program, reporting to Larry Lawson, who is executive vice president and general manager for the program. Carvalho will “provide strong support to…

Congress

Industry Groups ‘Urge’ Congress To Block Stock Buyback Restriction From Final FY ‘27 NDAA

More than three dozen industry associations on Monday called on congressional defense committee leaders to scrap a provision in the final version of the next National Defense Authorization Act that […]

Congress

Senior GOP HASC Members Wittman, Turner Ousted Amid Dems’ Blue Wave

Two senior Republicans on the House Armed Services Committee, including a potential frontrunner for the panel’s top GOP role, have officially lost their reelection bids. Reps. Rob Wittman (R-Va.) and […]

Congress

Dems’ Big Night Set To Reshape Top Defense Committee Spots, As Key GOP’ers Knocked Off

Democrats’ sweeping victories in Tuesday’s midterms, taking back control of the House and Senate, are set to reshape key spots atop defense committees, to include House Armed Services panels and […]

Congress

Key Defense Committee Members Face Tight Midterm Races, Including HASC GOP’ers In Virginia

As the mid-term elections near with polls showing an increasing likelihood of a switch in majority control in the House and potentially the Senate, three Virginia Republicans on the House […]