Lockheed Martin stands to earn as much as $52.5 million in 2011 if it can meet five key benchmarks associated with the Joint Strike Fighter's development schedule, the company's chief executive officer said today. Speaking via teleconference about the company's first-quarter earnings report, Robert Stevens, Lockheed Martin's CEO, said the company has been challenged by the F-35 program to achieve five major developmental milestones in 2011 under a new incentive-compensation system. To earn the entire $52.5 million, the company must...
