As federal agencies have scaled back spending on information technology, Hewson has shifted the focus of the $45.6-billion-in-sales defense giant toward building military hardware. She’s also considering shedding Lockheed Martin’s government IT and technical services businesses. In July, to give the company its own helicopter-building capability, the 32-year Lockheed vet announced the $9 billion purchase of Sikorsky Aircraft, the maker of Black Hawk helicopters. Since taking over as CEO in 2013, Hewson has doubled Lockheed’s market cap.
Company Financials
Revenues ($M) | 45,600 |
Profits ($M) | 3,614 |
Market Value as of 09/18/18 ($M) | 61,368 |