Lockheed Martin, the Pentagon’s leading contractor, increasingly is gazing beyond the U.S. border to underpin its revenue stream. CEO Marillyn Hewson told reporters last week the company is reaching to make sure 20% of its annual revenue comes from foreign customers in the “next year or so,” compared with 17% now. Meanwhile, she repeated that the Bethesda, Md., company is increasing its spending on its own research and development, albeit incrementally. According to Hewson, ...
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