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Marillyn A. Hewson, Chairman, President and Chief Executive Officer of Lockheed Martin Corporation discusses Lockheed Martin’s innovation and challenges as the nation’s largest defense contractor. Marillyn A. Hewson, Chairman, President and Chief Executive Officer Lockheed Martin Corporation Wednesday, March 7, 2018 1 DAVID RUBENSTEIN: We’re very pleased tonight to have Marillyn Hewson, who is the President, Chairman, and CEO of Lockheed Martin. As I think everybody in this area knows, Lockheed Martin is based in Bethesda, and is a result of merger of Lockheed and Martin Marietta around 1995. Lockheed Martin is a company of about 100,000 employees, a market capitalization of about $98 billion, and revenue of about $50 billion. Marillyn is – was born in Kansas, grew up largely in Alabama, graduate of the University of Alabama with two degrees from the University of Alabama. Joined Lockheed at the time, about 35 years ago, and has had 22 different leadership positions as she rose up to become, in January of 2013, the Chairman and – the CEO and Chief Executive Officer. So, very impressive career. And thank you very much for doing this. MARILLYN A. HEWSON: Thank you, David. MR. RUBENSTEIN: Now, let me as you at the beginning, since you’ve been the CEO, the stock has gone up roughly 330 percent, the market capitalization is up roughly 280 percent. Another company that you compete with, General Dynamics, has a female CEO as well. And their stock is up about 250 percent since she became – [laughter, cheers, applause] – the CEO. That’s Phebe Novakovic. Do you think that women can run defense companies better than men, or they can run all companies better than men? [Laughter, applause.] MS.
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