World News

Lockheed Martin names Steven Walker as chief technology officer

(Reuters) – Weapons maker Lockheed Martin Corp <LMT.N> on Thursday named Steven Walker as its chief technology officer.

Walker joins the world’s largest defense contractor from the U.S. Department of Defense’s future warfare and technology agency DARPA, where he was a director.

In his new role, Walker will act as the company’s liaison to science and technology communities and help in the development of advanced weapons technologies.

Walker’s efforts to develop hypersonic weapons and low-earth orbit satellites while at DARPA will help Lockheed as it pursues hypersonic weapons and to win future defense contracts.

In October, Lockheed said it expects $1 billion in sales from hypersonic weapons in 2020.

Walker will replace Keoki Jackson, who was appointed chief engineer and vice president for the engineering and program operations at Lockheed.

(Reporting by Dominic Roshan K. L. in Bengaluru; Editing by Shounak Dasgupta)