Categories: CEOs in the News

Improving Relationships Top Priority for Lockheed Martin CEO

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


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.

Share
Published by
Chief Executive

Recent Posts

You’re Asking The Wrong AI Questions. Start Here Instead. 

What can AI do for you and your team in the near future? Don’t start…

18 hours ago

From Consent Order To Nasdaq: How We Turned Around A Failing Community Bank

In 2015, U.S. Century Bank was hemorrhaging money with regulators watching closely. A decade later,…

19 hours ago

Northrop Grumman, Greencastle And Valor Technologies Honored With 2025 Patriots In Business Award

The Patriots in Business Award—presented this year in the categories of large, medium and small…

23 hours ago

The Three Things C-Suite Leaders Need (But Rarely Ask For)

Beneath every high-performing organization lies a rarely discussed leadership architecture. Here’s what CEOs need to…

2 days ago

What CEOs Must Learn About Letting Go: ‘It’s Like Cutting Off An Arm’

Exiting a CEO role can feel like losing a part of your identity. Key things…

2 days ago

The Energy Audit Is In: Why Executive Burnout Puts Strategy—And The Whole Business—At Risk

Executive energy is not a private concern to be managed behind closed doors. It’s a…

3 days ago