Chairman and CEO Bob Stevens Addresses Senate Aerospace Caucus on Sequestration

Lockheed Martin Chairman and CEO Bob Stevens was the keynote speaker at the Aerospace Industries Association (AIA) Senate Aerospace Caucus luncheon on March 14 held in Washington, D.C. The luncheon aimed to foster discussion on the current and future state of the aerospace and defense industry. In his remarks, Stevens encouraged government leaders to act quickly to stop an additional $500 billion in defense cuts that would begin in January. Read the full transcript of Stevens’ remarks and Q&A session.

Headquartered in Bethesda, Md., Lockheed Martin is a global security and aerospace company that employs about 123,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation's net sales for 2011 were $46.5 billion.