secwatch.observer — SEC 8-K summary
======================================

Issuer:     LOCKHEED MARTIN CORP (LMT)
CIK:        0000936468
Form:       8-K
Filed at:   2025-04-17T23:59:59+00:00
Accession:  0000936468-25-000026
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lockheed Martin appoints Evan Scott as CFO, replacing Jay Malave who departs
----------------------------------------------------------------------------

- Jay Malave leaves as CFO to pursue other opportunities, not related to any financial or accounting issues.
- Evan Scott, 26-year company veteran and former CFO of Missiles & Fire Control, appointed effective April 17, 2025.
- Scott's base salary set at $850,000, target annual incentive at 125% of base; eligible for 2026 long-term incentive.
- Lockheed Martin reaffirms 2025 guidance, excluding tariff impacts and NGAD announcement; Q1 earnings webcast on April 22.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/936468/000093646825000026/0000936468-25-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/936468/000093646825000026/lmt-20250416.htm
  HTML page:      https://secwatch.observer/filing/0000936468-25-000026

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer