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

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