Kubasik Tapped To Serve as Lockheed President & COO

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Bethesda, Md.-based Lockheed Martin Corp. said Oct. 15 it was elevating its executive vice president for electronic systems, Christopher Kubasik, to the position of president and chief operating officer (COO) effective Jan. 1. Robert Stevens will remain chairman and chief executive officer of the defense and aerospace contractor.

“Re-establishing the position of president and COO … will strengthen oversight of program performance across the Corporation and take operational excellence to an even higher level as we support our customers in their global security missions,” Stevens said in a statement.

As executive vice president for electronic systems, Kubasik is in charge of a portfolio of more than 1,400 programs with 2008 sales of $11.6 billion, according to Lockheed Martin. Prior to joining the electronics systems group in 2007, he was the corporation’s executive vice president and chief financial officer.