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Bob Stevens: Lockheed Martin 'not in crisis'

Lockheed Martin Corp. CEO Bob Stevens gave additional details about Christopher Kubasik's removal and the company's new transition plan in a conference call, but he said the situation does not plunge the Bethesda-based company into crisis.

Friday - 11/09/2012, 06:33pm EST

Tags: Lockheed Martin, Bob Stevens, Christopher Kubasik

Lockheed's Kubasik resigns after ethics investigation

Christopher Kubasik, who was to become Lockheed Martin Corp.'s CEO in January, has resigned, effective immediately, after an investigation found he had a personal relationship with a subordinate, the company announced Friday after the markets closed.

Friday - 11/09/2012, 06:32pm EST

Tags: Lockheed Martin, Christopher Kubasik