Home » CEOs in the News » Improving Relationships Top Priority for Lockheed Martin CEO

Improving Relationships Top Priority for Lockheed Martin CEO

Since taking the reins at Lockheed Martin 18 months ago, Marillyn Hewson has stamped her mark on the company where she’s worked for 30 years. Here, she speaks with Defense News about her accomplishments and lessons learned over the past 18 months.

She’s reorganized the giant and diversified its portfolio with more commercial projects. Hewson’s top priorities include improving its customer relationships, growing its international business, leaning her operation, and keeping the F-35 Joint Strike Fighter program on track and winning the US Air Force long-range bomber that Lockheed is pursing with Boeing.

Q. Budget cuts are not as bad as expected. What is your budget forecast and how is it shaping your strategy?

A. Sequestration has not gone away. We are happy that we at least got some stability with the Ryan-Murray deal, to be able to do some near-term planning. We are still concerned about sequestration, as are our customers. I spend a lot of time on the Hill, talking to our members of Congress about that. I think they need to address sequestration. It is a law today, but it is not good public policy to have an across the board cut like that and those kinds of spending cuts, that do not line up with our national security strategy.

Read more: Defense News

About Chief Executive

Chief Executive magazine (published since 1977) is the definitive source that CEOs turn to for insight and ideas that help increase their effectiveness and grow their business. Chief Executive Group also produces e-newsletters and online content at chiefexecutive.net and manages Chief Executive Network and other executive peer groups, as well as conferences and roundtables that enable top corporate officers to discuss key subjects and share their experiences within a community of peers. Chief Executive facilitates the annual “CEO of the Year,” a prestigious honor bestowed upon an outstanding corporate leader, nominated and selected by a group of peers, and is known throughout the U.S. and elsewhere for its annual ranking of Best & Worst States for Business. Visit www.chiefexecutive.net for more information.