Global Partnerships for
the 21st Century

Remarks by CEO and President
Marillyn A. Hewson

 

American Chamber of Commerce
Singapore, August 21, 2013

 

Well, good morning everyone. And thank you, Ray [Corrigan], for that kind introduction. And to the American Chamber of Commerce, I’d like to thank you all for this opportunity, and for all that you’re doing to provide business with insights, advocacy, and exposure that helps to benefit our businesses both in Singapore and in the United States. We appreciate your support and your forward-thinking initiatives.

It’s wonderful to be here in Singapore. We at Lockheed Martin are very proud of our 30-year partnership with the Singapore government and industry. And with three decades of success to build on, I’d like to spend a few minutes with you today looking ahead and talking about the technologies and the priorities that will shape the future for our company and our relationship with Singapore.

We see a lot of exciting opportunities for partnership in each of the areas that I’ll talk about. In fact, we’re actively looking to strengthen our partnerships with local industry and with universities here with a goal of bringing forward innovation. And that innovation we hope then will help to create a more secure and prosperous and sustainable future for Singapore.

Let me first begin with a little bit about our background at Lockheed Martin for those of you who don’t know us very well. Lockheed Martin is an aerospace, global security, and information technology company. We’re a global enterprise. We have 116,000 employees, and we have operations in over 70 countries.

You may know us best for our world class aircraft. You saw the F-35 on the video, but we also produce the F-16 and the C-130J. You may also know us for the Littoral Combat Ship. USS Freedom is actually deployed here in Singapore. The LCS: it’s a fast and flexible multi-mission ship.

What makes the LCS special is its flexibility. It’s built with innovative, interchangeable mission modules so that the Navy can address any mission that it has. And she can handle a wide array of high priority missions – things like hunting mines or defending coastlines or actually neutralizing pirates and smugglers. So we’re very proud to see the first LCS, the USS Freedom, serving with distinction on her first tour to Southeast Asia.

That’s one of the things you probably know about Lockheed Martin. What you might not know is just how diversified we are. Many of you may not know that we’re a leader in missile defense. In fact, we invented the technology known as “hit to kill.” This is where a defensive missile takes down an incoming missile by striking it nose to nose. And today we offer our customers mature, proven missile defense systems, like the PAC-3, the THAAD, and the Aegis Weapon System.

We’re also a top provider of information technology to governments around the world. Our air traffic management systems handle 60 percent of the world’s air traffic. And our IT portfolio also includes systems for biometrics, for command and control, for cyber security, and for healthcare. We’re also a leader in satellites and space exploration – from GPS to communications to climate monitoring. We build the spacecraft that will help us connect and protect as well as explore the world.

We take on the complex global challenges of the world that help our customers to strengthen global security, to advance scientific discovery and to deliver essential services to citizens. That’s our process; that’s what we do. But it’s also our purpose. And that purpose then drives our innovation.

Singapore and the companies that are based here have long understood that innovation can change the world. And you’re successfully accelerating that innovation both here and abroad. Over the past decade, Singapore has emerged as one of the most competitive economies in Asia, one of the easiest places in the world to do business and as a home for innovation. In fact, innovation is now a growth industry in Singapore. You have strong innovation footholds in manufacturing, in biomedical research, in energy production, in information technology, and in sustainable resource development.

So as representatives of Singapore’s government, technology and business sectors, I commend you for your foresight and for your ongoing pursuit of partnerships that encourage and accelerate innovation internationally. And I want to assure you that we at Lockheed Martin look forward to expanding our 30-year relationship with Singapore. And we look forward to collaborating in areas that are critical not only to our business and to the societies in which we operate, but to the long-term security and prosperity of both Singapore and the United States and other countries in the region.

So we want to explore research and development activities. We want to work with you on new ventures and on strategic initiatives that will harness our collective innovation to the fullest extent. Like Singapore, Lockheed Martin understands the importance of transforming innovation through strong partnerships across the globe. In fact, partnerships are the very foundation of our success. We’re proud to have more than 1,000 partnerships with suppliers, with businesses, and with universities all around the world, including here in Singapore.

And when we do business internationally, we recognize that local partners are vital to our success. Our partners know the landscape. They understand the market, and they offer unique capabilities and expertise. Our goal is to offer our international customers holistic solutions and the best of what Lockheed Martin and the in-country industry have to offer.

Global partnerships are crucial to achieving that goal. As just one example of how Lockheed Martin is responding to global challenges and opportunities to partner with governments, industries, and academia around the world, we recently launched a new organization, Lockheed Martin International. Lockheed Martin International is dedicated to strengthening global partnerships, from the F-35 and the C-130J, to integrated air and missile defense, to commercial satellites, cyber security, and clean energy.

Lockheed Martin International is devoted to helping customers achieve their missions with proven performance, key industry partnerships, and an expanded base of operations. Given the importance of innovation to both Singapore and Lockheed Martin, this morning I want to speak about three specific areas in which we’re looking to partner with businesses in Singapore and across the Association of Southeast Asian Nations, so that together we can deliver a shared future of world-class innovation.

The first area is aerospace and global security. As we look ahead, there are a few technological areas that we believe will shape the future. One of those areas is advanced manufacturing of aerospace and global security products. The more precise and automated we can make our production operations, the better the results for our customers. So with advanced manufacturing, we can deliver high-quality systems faster and more efficiently.

One great example is the Littoral Combat Ship. You know we learned a lot of lessons building the first ship, and we’ve worked hard to turn those lessons into improvements and efficiencies on the second ship. Incorporating improvements as early as the second ship in a new class of ships and delivering that ship two months early is unprecedented in shipbuilding.

Another great example is the F-35 Lightning II. More than 20,000 parts come together to produce the F-35. Our production line in Fort Worth, Texas is a mile long and incorporates some of the most advanced manufacturing processes and technologies in the world. Using lasers, robotics, and precision machinery, we’re able to drive down costs as well as touch labor, while at the same time driving productivity and quality up.

From firsthand experience, I can tell you that when you see this almost endless production line for the first time, it’s a sight that you’ll never forget. And every time you go to Fort Worth, it looks different as we load that production line and ramp up our production. We’re looking for productive partnerships in this area, opportunities to drive innovation into our manufacturing, and to deliver value to customers.

Another technology area that we believe will shape the future of aerospace and global security is advanced materials and nanotechnology. Lockheed Martin and Singapore’s Nanyang Technological University, NTU, recently announced a memorandum of understanding to explore the science of nanotechnology, with a special focus on nanocopper and related technologies for the commercial market.

Nanocopper is the main ingredient in a revolutionary new electrical interconnect material, or solder, known as the CuantumFuse™ solder. This material is expected to produce joints with up to ten times the electrical and thermal conductivity of the tin-based materials currently in use. Advanced manufacturing and advanced materials such as nanotechnology are exciting opportunities where Singapore industry and Lockheed Martin can partner for prosperity.

The second area which I see as a deeper and more enduring partnership opportunity with Singapore is in cyber security. Some of today’s fiercest battles are being fought with bits and bytes. Lockheed Martin has witnessed firsthand the dangers of what’s known as “advanced persistent threat.” These cyber attackers are well funded, they’re well trained, and they’re well organized. In the face of an advanced persistent threat, Lockheed Martin focuses on intelligence-driven responses.

We innovate significant investments in people, processes, and technologies to ensure the resiliency of our systems and our ability to meet security challenges of our government and commercial customers. When it comes to cyber security, Lockheed Martin is battle-tested. We bring the same technology, strategies and expertise that safeguard our own state-of-the-art products to our customers. Cyber security is an area that will only grow in importance, and with the innovative minds and technologies right here in Singapore, I’m confident that there are great opportunities to collaborate on stronger cyber security technologies to defend networks and infrastructure across the region.

The third area in which Singapore and Lockheed Martin can grow a deeper partnership is sustainability. Our future depends as much on sustainability as it does on security. Lockheed Martin is working aggressively in this area. And we would enthusiastically welcome partnerships with Singapore. For example, we’re working on seabed harvesting and harnessing wave and tidal energy.

Recently the UK Seabed Resources, a wholly owned subsidiary of Lockheed Martin UK, in partnership with the UK’s Department for Business Innovation and Skills, received a license and contract to explore 58,000 square kilometers of the Pacific for harvesting mineral-rich poly-metallic nodules. These tennis-ball-sized nodules can provide millions of tons of copper, nickel, and cobalt, as well as rare earth minerals. These materials and metals are used in aerospace, alternative energy, construction, communications, and other industries. And we’re proud to be working with Singapore’s Keppel Corporation Limited on this exciting new opportunity.

Likewise, tremendous potential exists for clean energy in our oceans’ almost limitless waves and tides. Wave power generates electricity using special buoys that use the rise and fall of ocean waves to generate electricity. Tidal power uses underwater turbines designed to capture the kinetic motion of ebbing and surging ocean tides to produce power. Once again, Singapore is on the leading edge of innovation in this area. We’re proud to be providing design and manufacturing support to Singapore-based Atlantic Resources Corporation, which has tested its one-megawatt tidal turbine in Scotland.

Aerospace and global security, cyber security, and sustainability: these are the three areas in which I believe Singapore and Lockheed Martin can partner for the benefit of people and governments throughout the world.

In conclusion, I am confident that while Singapore and Lockheed Martin have an enduring history of working together for the betterment of our two countries and for the world at large, our shared future is bright. Together we can explore research and development activities, new ventures, and strategic initiatives that will harness our collective innovation and technology to the fullest extent. We want to focus on the opportunities for collaboration in areas critical to both of our societies and our mutual long-term economic growth.

We stand ready to demonstrate our commitment to Singapore’s continuing success by aligning our core capabilities and technologies with Singapore’s most pressing challenges. Security, prosperity and sustainability: these are the goals that are within our reach as we partner together and work toward a shared vision. I’m here today to affirm our commitment to that vision, and I look forward to a brighter future together.

Thank you very much.

hewson-220

Chief Executive Officer and President Marillyn A. Hewson

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Did You Know?

  • Lockheed Martin has a 30-year partnership with the Singapore government and industry.
  • Lockheed Martin and Singapore’s Nanyang Technological University recently announced a memorandum of understanding to explore the science of nanotechnology.