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Plaintiffs, who say their retirement plans were badly run, were awarded a procedural victory in a federal appeals court over Bethesda-based Lockheed Martin Corp. last week, Reuters reported.
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.
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.
Arlington-based CACI International Inc. has named John Mengucci chief operating officer for U.S. operations.
Lockheed Martin has been awarded a six-year, $66 million contract to help move the U S Army Medical Research Institute of Infectious Diseases into its new lab space at Fort Detrick, the Bethesda-based security company announced Tuesday.