---
schema_version: "secwatch.filing_event.v1"
accession: "0000936468-21-000091"
form_type: "8-K"
ticker: "LMT"
cik: "0000936468"
company_name: "LOCKHEED MARTIN CORP"
filed_at: "2021-10-07T23:59:59+00:00"
generated_at: "2026-06-28T22:26:41.622911+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Lockheed Martin Space EVP Rick Ambrose to retire March 1, 2022; successor search underway

## Summary
- Richard F. Ambrose, EVP of Lockheed Martin Space, to retire on March 1, 2022 after 20+ years.
- Ambrose will remain in current role until successor is announced, then serve as strategic advisor.
- Ambrose oversaw $11B Space portfolio providing advanced technology for national security and civil customers.
- CEO James Taiclet thanked Ambrose for contributions; succession process underway.

## SEC filing metadata
- accession: 0000936468-21-000091
- form_type: 8-K
- ticker: LMT
- cik: 0000936468
- company_name: LOCKHEED MARTIN CORP
- filed_at: 2021-10-07T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/936468/000093646821000091/0000936468-21-000091-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/936468/000093646821000091/wk-20211007.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000936468-21-000091
- JSON: https://secwatch.observer/filing/0000936468-21-000091.json
- Plain text: https://secwatch.observer/filing/0000936468-21-000091.txt

## Key facts
- Executive change
  Richard F. Ambrose departed as Executive Vice President of the Corporation’s Space business segment at LOCKHEED MARTIN CORP.
  - Action: decided to retire
  - Role: Executive Vice President of the Corporation’s Space business segment
  source text: On October 7, 2021, Lockheed Martin Corporation (“Lockheed Martin” or the “Corporation”) announced that Richard F. Ambrose, Executive Vice President of the Corporation’s Space business segment, has decided to retire from the Corporation on March 1, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/936468/000093646821000091/0000936468-21-000091-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.