Lockheed Martin : Missiles and Fire Control’s Executive Vice President Scott Greene to Retire
August 01, 2022 at 05:30 pm EDT
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BETHESDA, Md., August 1, 2022 -- Lockheed Martin (NYSE: LMT) today announced that Missiles and Fire Control (MFC) Executive Vice President Scott T. Greene is retiring, effective Dec. 31, 2022, after more than 41 years of service to the company. He will remain in his current role until a successor is named. Prior to his role as executive vice president, Greene was MFC's vice president of Tactical & Strike Missiles, with total business, operational and financial responsibility in the areas of Hypersonic Weapon Systems, Long Range Precision Fires, Close Combat Systems, Strike Systems and Advanced Programs. Before leading the Tactical & Strike Missiles team, Greene held a variety of positions of increasing responsibility throughout his Lockheed Martin career.
"We are grateful for Scott's service to our customers, the company, and for his strategic leadership of our $11 billion MFC portfolio that provides advanced technology and mission-driven solutions for military customers, including the U.S. Army, Navy, Air Force, Marine Corps, the Missile Defense Agency, Special Operations Forces, and allied nations," Lockheed Martin Chairman, President and CEO James Taiclet said. "The entire Lockheed Martin team thanks Scott for his steadfast leadership and dedication to our customers' missions. We congratulate him on his upcoming retirement."
"It has been the highlight of my career and a true honor to lead the MFC team," Greene said. "Each day, this world-class team has inspired me with their unwavering dedication to developing vital and innovative capabilities needed by our service men and women in their defining moments. I have been humbled by the trust that our customers put in MFC and I feel fortunate for the friendships and memories I've made at Lockheed Martin."
After a successor is named, Greene will serve as a strategic advisor to ensure a smooth transition.
About Lockheed Martin
Headquartered in Bethesda, Maryland, Lockheed Martin (NYSE: LMT) is a global security and aerospace company that employs approximately 114,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.
Please follow @LMNews on Twitter for the latest announcements and news across the corporation, and @LMSpace for the latest Space-related updates.
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Lockheed Martin Corporation published this content on 01 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 August 2022 21:29:00 UTC.
Lockheed Martin Corporation specializes in the design, manufacturing and marketing of aeronautic, submarine, and aerospace systems. Net sales break down by activity as follows:
- sale of aeronautic systems (40.7%): military and civilian aircraft, primarily for government organizations;
- sale of helicopters, mission and electronic systems (24%): military and commercial helicopters, ships, sea and land-based missile defense systems, radars, sensors, sea and air-based mission and combat systems, training systems, cyber solutions, command, control and communication systems, surveillance and reconnaissance systems, simulation and training systems, etc.;
- sales of aerospace systems (18.7%): satellite systems, missile systems and space transport systems;
- sale of air defense and fire control systems (16.6%): air and missile defense systems, tactical missiles, precision strike weapons systems, fire control systems, etc. The group also offers support services for mission operations, preparation, technical support, integration services, etc.
Net sales break down by source of income into sales of products (83.3%) and services (16.7%).
Net sales are distributed geographically as follows: the United States (74.3%), Europe (9.5%), Asia/Pacific (8.3%), Middle East (5.8%) and other (2.1%).