With Black Hawk Deal, Lockheed CEO Hewson Charts New Flight Plan

Lockheed Martin CEO Marillyn Hewson. Photographer: Simon Dawson/Bloomberg

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Marillyn Hewson is not one for snap decisions. But when she’s ready to move, she can be bold.

Two and a half years into the job as CEO of Lockheed Martin Corp., her $9 billion purchase of helicopter maker Sikorsky has put the defense giant on a decidedly new course: expanding Lockheed into lucrative new military and civilian markets, including building Black Hawks and the presidential helicopter.