:

Business/Financial

Lockheed Martin Names News Heads For International, MFC

By Cal Biesecker

Monday, January 8th, 2018

SHARE:

Lockheed Martin Names News Heads For International, MFC

Richard "Rick" Edwards, Lockheed Martin's new executive vice president for international business. Photo: Lockheed Martin

Following the Senate confirmation last week of former Lockheed Martin [LMT] executive John Rood to be the Pentagon’s new policy chief, the company on Monday said that Richard “Rick” Edwards will lead the company’s international business efforts and Frank St. John will head the Missiles and Fire Control (MFC) business area.Edwards, 61, who led MFC for the past five years as executive vice president, is now executive vice president, Lockheed Martin International, succeeding Rood, who was senior vice president for…

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 […]

‘Theoretical Potential’ to Achieve 1,509 Combat-Coded Fighters by 2035, USAF Says

In the latest U.S. Air Force fighter force structure report submitted to Congress, the service speaks of a “theoretical potential” to achieve a goal of 1,509 combat-coded fighters in the […]

Budget

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]

Congress

Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]