Lockheed Martin Has a New Spymaster

"Skunk Works" -- the secretive Lockheed Martin (NYSE: LMT  ) division responsible for producing such flying wonders as the U-2 spyplane, the SR-71 Blackbird, and the F-35 joint strike fighter -- announced Monday that it is under new management.

Skunk Works hangar in Palmdale, Calif. Source: Wikimedia Commons.

Rob Weiss, formerly head of the company's Lockheed Martin Aeronautics Advanced Strike and Intelligence, Surveillance, and Reconnaissance programs, has been plucked for promotion to executive vice president and general manager of Aeronautics Advanced Development Programs -- a.k.a Skunk Works.

Weiss is described as being a retired U.S. Naval Reserve Captain and former carrier pilot, who flew S-3 Viking subhunters for the Navy before joining Lockheed Martin. He is a graduate of the U.S. Naval Academy and holds a master's degree in Systems Management from the University of Southern California.

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9/30/2016 4:03 PM
LMT $239.72 Down -2.62 -1.08%
Lockheed Martin CAPS Rating: ****