Lockheed Martin will buy Aerojet Rocketdyne, maker of rocket motors and hypersonic engines, among other products, in a $5 billion transaction, Lockheed announced Dec. 21. The biggest issue in the potential deal is how comfortable the industry, Congress, and the Pentagon will be with all ...
Marillyn Hewson is stepping aside as head of Lockheed Martin, to be succeeded by board member James Taiclet, while Frank St. John steps up to be Chief Operating Officer. Taiclet is a graduate of the U.S. Air Force Academy with degrees in engineering and international ...