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October 13, 2021Loren B. Thompson, Ph.D

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Faster: Lockheed Martin CEO Signals Big Shift In Corporate Culture (From Forbes)

October 13, 2021Loren B. Thompson, Ph.D

Lockheed Martin Chairman & CEO James Taiclet has revealed a major change that is unfolding in his company’s corporate culture. The nation’s biggest defense contractor is moving to emulate the speed of innovation in the commercial digital world by embracing open architectures, agile software development, and 5G networking technology. It is no coincidence that Taiclet came to Lockheed from American Tower, where he was a leader in revolutionizing the telecom industry. Taiclet saw there the possibilities for accelerating change, and now he wants to apply such insights to defense. For instance, he talks of upgrading tactical aircraft every six months rather than every six years. Taiclet’s pursuit of speed will serve him well in staying ahead of industry peers, and likewise help America’s joint force to stay ahead of countries like China. I have written a commentary for Forbes here.

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