Three top female executives with Lockheed Martin have been named to Fortune Magazine's 50 Most Powerful Women in Business list. This is the second year that these three women have been named to the magazine's annual list.
Marillyn Hewson, Executive Vice President, Electronic Systems, was ranked at 27. Joanne Maguire, Executive Vice President, Space Systems Company, was ranked at 29. Linda Gooden, Executive Vice President, Information Systems & Global Solutions, was ranked at 33. The divisions of the company led by these three executives accounted for more than 70% of Lockheed Martin's 2010 revenue.
"Marillyn, Joanne, and Linda exemplify what it means to be full spectrum leaders," says Bob Stevens, Lockheed Martin chairman and CEO. "They oversee complex, technologically sophisticated programs in support of our customers and together they inspire the 126,000 men and women of Lockheed Martin and future generations of innovators and inventors."
Lockheed Martin Electronic Systems, led by Hewson, reported $14.4 billion in sales in 2010. The division's products include maritime systems, missile defense, unmanned systems, and sensors. Maguire's division, Lockheed Martin Space Systems, produces remote sensing, navigation, meteorological and communications satellites, strategic and missile defense systems, space observatories, and interplanetary spacecraft. That division registered $8.25 billion in sales in 2010. Lockheed Martin Information Systems & Global Solutions, led by Gooden, recently acquired QTC Holdings Inc., the largest provider of medical evaluation services to the U.S. Department of Veterans Affairs, and reported $9.96 billion in revenue. The 17-year old division is the largest provider of information services to the US government.
Writer: Amy McNeal
Source: Chris Williams, Lockheed Martin