New Lockheed Martin CEO Marillyn Hewson said Wednesday she hopes Congress and the White House will eventually eliminate cuts under sequestration after agreeing to delay them for two months, the Washington Business Journal reports.
Jill Aitoro writes she sent a memo and video to employees upon her elevation to the chief executive position, succeeding Bob Stevens.
Hewson said the threat of sequestration prevents the contracting industry from investing in not only future research and development, but equipment and employees also, according to Aitoro’s story.
Hewson, a nearly three-decade company veteran, also highlighted Lockheed’s plans to pursue growth in adjacent markets and expand into international markets, Aitoro writes.
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