Manifest Space: World's Top Weapons Maker Doubles Down on Space with Lockheed Martin Space EVP Robert Lightfoot 4/20/23
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 20 April 2023
⏱️ 20 minutes
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| 0:00.0 | Igniting Innovation. That's the push Lockheed Martin's making with its new Ignite Unit. A skunkworks like team tasked with rapidly realizing new space technologies. |
| 0:12.0 | We've got several missions that we do for the government, |
| 0:16.0 | we have several partners that we work with, |
| 0:18.0 | but what they're looking for is they're looking for us to be innovative |
| 0:21.0 | because of the threat vector that's out there, they're looking for us to be innovative because of the threat vector that's out there. |
| 0:24.0 | They're looking for us to go fast, faster than we may have in the past. |
| 0:27.5 | And really how do we transform ourselves after six decades of operating a certain way? |
| 0:32.3 | Ignite is the brainchild of Robert Lightfoot, |
| 0:34.4 | the executive vice president of Lockheed Martin's space |
| 0:37.0 | and a former acting administrator of NASA. |
| 0:39.8 | He oversees the entire space portfolio |
| 0:42.2 | for the top weapons maker, |
| 0:43.7 | a more than 11 billion dollar business last year |
| 0:46.7 | that continues to grow, with sales jumping 16% |
| 0:50.0 | last quarter contributing to an earning speed. I spoke with Lightfoot at the |
| 0:53.6 | Space Symposium, a big industry conference where Lockheed announced the |
| 0:57.4 | successful demonstration of its new tech to service satellites on orbit. On this |
| 1:02.1 | episode we discuss Ignite as well as the company's |
| 1:05.6 | big bet on the moon. I'm Morgan Brennan and this is Manifest Space. Robert Lightfoot of Lockheed Martin, Thank you so much for joining me today. |
| 1:15.3 | I'm thrilled to speak with you. So we're here at the Space Symposium, one of the biggest |
| 1:18.8 | space conferences of the year. Your message or what you're planning to share about Lockheed Martin |
| 1:25.8 | specifically here at this event. Yeah for Lucky Martin space is pretty |
... |
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