Lockheed Names Two New Leaders

March 18, 2013

Lockheed Martin Corp. named new leaders for its aeronautics business and its F-35 fighter-jet program, the Pentagon’s costliest weapons system, as the company faces Defense Department pressure to cut the plane’s costs.

Orlando Carvalho, 54, becomes executive vice president in charge of aeronautics, the Bethesda-based company said Monday in a statement. Carvalho, who has run the F-35 program since 2012, replaced Larry Lawson, 55, who is retiring.

Lorraine Martin, 50, who was Carvalho’s deputy, takes over responsibility for the fighter jet, becoming the fourth manager for the program since President Obama took office.

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