Lockheed Martin CEO Underscores Commitment to India

NEW DELHI, INDIA, July 7, 2016: Lockheed Martin’s commitment to the Indian government’s strategic ‘Make in India’ policy, the national ‘Skills Initiative’ and to working with industrial partners in India to expand its business footprint was a feature of discussions involving the Corporation’s Chairman, President and CEO Marillyn Hewson during a visit to New Delhi.

Meeting with political leaders, senior government officials and leading Indian industrialists, Hewson highlighted Lockheed Martin’s sponsorship of the India Innovation Growth Programme (IIGP) as an example of effective partnership in action.

Backed by Lockheed Martin since 2007, IIGP is a partnership involving industry and academia in both India and the United States. It has underpinned Prime Minister Narendra Modi’s ‘Start Up India’ call by supporting more than 400 innovators and start-up companies since launch.

In 2011, Lockheed Martin reached a major milestone with the formation of the first private U.S. defence industry partnership with Tata Advanced Systems Limited. Today, every C-130J airlifter sold internationally contains major aerostructure assemblies manufactured in India and each S-92 medium-lift helicopter built by Sikorsky, a Lockheed Martin company, has a cabin manufactured in Hyderabad.

Read the speech as prepared
 

About Lockheed Martin

Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 125,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.

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