Lockheed Martin Aeronautics President Retires, New Leadership Announced
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 06 2026
0mins
Source: PRnewswire
- Leadership Transition: Lockheed Martin's Aeronautics President Greg Ulmer has announced his retirement effective June 1, 2026, after over 30 years of service, during which he significantly advanced the company's aeronautics portfolio.
- New President Appointment: Orlando Sanchez, Jr. will succeed Ulmer; having joined Lockheed Martin in 2014 and previously serving as an F-22 combat pilot, Sanchez's leadership of Skunk Works® positions him to bring fresh perspectives and innovation to the role.
- Strategic Advisor Role: Following his retirement, Ulmer will serve as a strategic advisor to ensure a smooth leadership transition, a move aimed at maintaining the company's ongoing growth and stability in the aeronautics sector.
- Company Vision: Lockheed Martin is committed to driving innovation and scientific discovery, with Sanchez stating his intention to build on the strong foundation of the aeronautics division to meet critical customer needs and enhance company performance.
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Analyst Views on LMT
Wall Street analysts forecast LMT stock price to rise
12 Analyst Rating
4 Buy
7 Hold
1 Sell
Hold
Current: 523.760
Low
430.00
Averages
535.50
High
605.00
Current: 523.760
Low
430.00
Averages
535.50
High
605.00
About LMT
Lockheed Martin Corporation is an aerospace and defense technology company. The Company's segments include Aeronautics, Missiles and Fire Control (MFC), Rotary and Mission Systems (RMS) and Space. The Aeronautics segment is engaged in research, design, development, manufacture, integration, sustainment, support and upgrade of advanced military aircraft, including combat and air mobility aircraft, unmanned air vehicles and related technologies. The MFC segment provides air and missile defense systems; tactical missiles and precision strike weapon systems; logistics; fire control systems; engineering support and integration services. The RMS segment designs, manufactures, services and supports various military and commercial helicopters, sea and land-based missile defense systems. The Space segment is engaged in the research and design, development, engineering and production of satellites, space transportation systems, and strategic, advanced strike, and defensive systems.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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See More
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