Lockheed Martin CEO Bob Stevens plans to retire from his longtime position at the company at the end of the year. Chief Operating Officer Chris Kubasik will succeed Stevens on Jan. 1. Stevens is 60 and Kubasik is 51. Stevens will remain chairman of the board through January 2014 if elected by shareholders. Kubasik has long been groomed for the position and takes over at a challenging time for the company. A significant portion of its future profit is tied up with the outcome of the ...
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