Marillyn Hewson on defense spending
From Extended Interview With Marillyn Hewson The Business Abc News · · Nicholasi Barnes
“I think he's just to step back and understand you know what I believe that President Trump is trying to communicate he is going to spend more on defense in the United States the f-35 is the largest defense program so rightfully he should ask is it at the lowest price that that we provide the best value to the taxpayer just as we want in Australia as well and so as he asked his questions and encouraged us with the US government he did it help accelerate negotiations and he sharpened the focus on cost so what I would give him a lot of credit for that we would you know certainly we were already in negotiation certainly we were already ramping up the program but his focus I think helped us get to a better position.”
On , Marillyn Hewson, Former Chairman, President & Chief Executive Officer at Lockheed Martin, spoke about defense spending during Extended Interview With Marillyn Hewson The Business Abc News on Nicholasi Barnes.
About Marillyn Hewson
Marillyn Hewson, former chairman, president, and CEO of Lockheed Martin, announced during a May 2020 investor conference that Jim Taiclet would succeed her as president and CEO on June 15, 2020, with Hewson moving into an executive chairman role. She described the company as "very strong and stable" with a record backlog of approximately $144 billion, and stated that Taiclet, who had served on Lockheed Martin's board for over two years and had a military background, was a good fit for the company's culture. During the same call, Hewson noted that the company had reduced its sales outlook for the F-35 program by about $375 million due to COVID-19-related supply chain disruptions, and that it had accelerated payments to suppliers. In earlier public remarks, Hewson discussed her personal background, including growing up in a family led by a widowed mother and funding her own education at the University of Alabama, where she earned undergraduate and graduate degrees. She frequently spoke about the importance of innovation, citing Lockheed Martin's Skunk Works legacy and programs such as the F-35 and hypersonic technologies. Hewson also emphasized the need for STEM education and diversity in the workforce, stating that "bringing together people with different backgrounds, experiences, and perspectives drives innovation and delivers business results." She described Lockheed Martin as a "national asset" and said she was "humbled" to serve as its first female CEO.