Lockheed Martin Names Robert Lightfoot as Space's Executive Vice President

Rhea-AI Summary

Lockheed Martin (NYSE: LMT) announced the appointment of Robert Lightfoot as the new executive vice president of its Space business area, effective January 1, 2022. Lightfoot, currently vice president of Operations for Lockheed Martin Space, brings 29 years of experience from NASA, including roles such as acting administrator. He succeeds Rick Ambrose, who will retire on March 1, 2022. Ambrose will assist in a smooth transition as a strategic advisor. The company is focused on enhancing security, exploration, and discovery in its missions.

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• Robert Lightfoot's extensive experience in NASA positions him well for leading the Space business.
• Transitioning leadership aims to maintain stability and strategic focus in Lockheed Martin's Space sector.

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BETHESDA, Md., Nov. 30, 2021 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) announced today that Robert Lightfoot will be the new executive vice president of the company's Space business area. The appointment is effective Jan. 1, 2022.

Lightfoot, currently the vice president of Operations for Lockheed Martin Space, spent 29 years at NASA in several critical leadership roles to support space operations, exploration and science missions, including as the agency's acting administrator; director of the Marshall Space Flight Center in Huntsville, Alabama; and director of Propulsion Test at Stennis Space Center in Mississippi. He succeeds Rick Ambrose, who will retire March 1, 2022 after more than 20 years of service to the company. Ambrose will serve as a strategic advisor as part of a smooth and disciplined transition process.

"Robert is a mission-oriented leader with the right combination of experience to take our Space business to its next heights. He is known for exceptional people leadership, and I look forward to what he will bring to not only Space, but also the broader aerospace and defense industry," said Lockheed Martin Chief Operating Officer Frank St. John.

"I'm honored to lead Lockheed Martin Space and work with our customers to strengthen their missions of security, exploration and discovery through innovation and partnership," said Lightfoot.

About Lockheed Martin 
Headquartered in Bethesda, Maryland, Lockheed Martin Corporation 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.

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SOURCE Lockheed Martin

FAQ

Who is the new executive vice president of Lockheed Martin's Space business area?

Robert Lightfoot has been appointed as the new executive vice president of Lockheed Martin's Space business area.

When does Robert Lightfoot's appointment as executive vice president take effect?

Robert Lightfoot's appointment takes effect on January 1, 2022.

Who did Robert Lightfoot replace at Lockheed Martin?

Robert Lightfoot replaces Rick Ambrose, who will retire on March 1, 2022.

What experience does Robert Lightfoot bring to Lockheed Martin?

Robert Lightfoot brings 29 years of experience from NASA, including critical leadership roles.

What roles did Robert Lightfoot hold at NASA?

Robert Lightfoot served as acting administrator and director of the Marshall Space Flight Center at NASA.