Careful succession planning is the hallmark of any well-managed company. Chris Kubasik may be taking over as CEO of Lockheed Martin at the beginning of 2013, but the company telegraphed his ascent back in 2010, when he was elevated to president. Louis Chenevert was eased into the position of chairman and CEO of United Technologies over several years. And General Dynamics has long been grooming Phebe Novakovic, who plans to succeed the retiring Jay Johnson as CEO on Jan. 1. Now Rockwell ...

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