financetom
Business
financetom
/
Business
/
Lockheed names new F-35 fighter jet program leader
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Lockheed names new F-35 fighter jet program leader
Oct 10, 2024 10:22 PM

WASHINGTON (Reuters) - Lockheed Martin ( LMT ) announced on Wednesday that Chauncey McIntosh been appointed vice president and general manager of the F-35 Lightning II Program, effective Dec. 1.

McIntosh will replace Bridget Lauderdale, who will retire at the end of the year after a 38-year career with the aerospace giant.

McIntosh will inherit an F-35 program is facing challenges, particularly with the delayed rollout of Technology Refresh 3 (TR 3). TR 3 is an upgrade that includes advanced hardware and software enhancements aimed at improving the jet's processing power, memory, and data storage capabilities.

McIntosh, who has over 20 years of experience in program management, engineering, and customer engagement, previously served as the vice president and deputy of the F-35 program.

In his new role Lockheed said he will focus on enhancing customer experiences, reinforcing the F-35's capabilities and reliability, and ensuring the program meets the speed, agility, quality, and affordable requirements expected by both U.S. and international clients.

"Chauncey is an exceptional leader with distinct qualifications needed to lead the F-35 program. His selection showcases the strength and depth of Lockheed Martin's ( LMT ) leadership succession planning," said Greg Ulmer, president of Lockheed Martin Aeronautics.

McIntosh's previous roles at Lockheed Martin ( LMT ) include leading the Integrated Warfare Systems & Sensors business, where he successfully transformed Aegis Weapon System software development.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Cathie Wood's ARK Invest scoops up nearly 10,000 Reddit shares in debut
Cathie Wood's ARK Invest scoops up nearly 10,000 Reddit shares in debut
Mar 22, 2024
(Reuters) - Popular investor Cathie Wood's ARK Invest bought nearly 10,000 shares of Reddit ( RDDT ) in the social media platform's strong market debut on Thursday, an email from the asset manager showed. A total of 9,982 shares of the loss-making company was added to ARK Next Generation Internet ETF ( ARKW ) and ARK Fintech Innovation ETF (...
Once a beacon of stability, Vietnam to name third president in a year
Once a beacon of stability, Vietnam to name third president in a year
Mar 22, 2024
HANOI, March 22 (Reuters) - Communist-ruled Vietnam is seeking its third president in little more than a year after the resignation of Vo Van Thuong, who was only elected last year after the sudden dismissal of his predecessor. With accumulated foreign direct investment higher than its gross domestic product, Vietnam's stability is crucial to multinationals with large operations in the...
Japan's union group Rengo announces biggest wage hikes on record
Japan's union group Rengo announces biggest wage hikes on record
Mar 22, 2024
TOKYO (Reuters) -Japanese firms have agreed to raise pay by 5.25% this year, the biggest rise under comparable data since 2013, the country's largest union group Rengo confirmed on Friday. The results of the closely-watched wage negotiations are announced in several stages, in which the blue-chip firms are first to wrap up their talks in mid-March. The second announcement on...
Hutchmed Begins Registration Stage for Phase 2/3 Trial of Investigational Autoimmune Disorder Drug
Hutchmed Begins Registration Stage for Phase 2/3 Trial of Investigational Autoimmune Disorder Drug
Mar 22, 2024
05:04 AM EDT, 03/22/2024 (MT Newswires) -- Hutchmed ( HCM ) said late Thursday it has started the registration stage for a phase 2/3 clinical trial of investigational drug sovleplenib for adult patients with warm antibody autoimmune hemolytic anemia in China. The move follows positive data from the proof-of-concept phase 2 stage of the trial and a consultation with the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved