Summit Notebook

Exclusive outtakes from industry leaders

Lockheed Martin bracing for a new reality

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Lockheed Martin CEO Robert Stevens says despite cost cutting, the defense industry will survive based on new global security needs and adds that Lockheed’s portfolio is well positioned for change.

Lockheed CEO Stevens says he learns a thing or two from new generation

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Lockheed Martin Corp. CEO Robert Stevens, who turns 59 years old tomorrow, says he learns every day from the new generation at the defense company he heads — although he still doesn’t IM.

AERO-ARMS-SUMMIT/The son of a Pennsylvania steelworker who enlisted in the Marines instead of college, later completing  his education on the GI program, says, “I am one of the luckiest people you are going to meet.”

Lockheed CEO: “Not miffed” over Obama nixing presidential helicopter

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President Barack Obama was quite blunt earlier this year about a  new fleet of presidential helicopters being built by Lockheed Martin Corp., citing it as an example of the procurement process “gone amok.”

And he axed the program, forcing the defense contractor to stop development of the helicopter in mid-air, so to speak. AERO-ARMS-SUMMIT/

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