Lockheed Martin Vice President Tom Burbage Receives U.S. Naval Academy and Harvard Business Review Leadership Excellence Award

FORT WORTH, Texas, July 19 /PRNewswire-FirstCall/ -- Lockheed Martin (NYSE: LMT) F-35 vice president Tom Burbage is the recipient of the 2007 Leadership Excellence Award, presented by the Stockdale Center for Ethical Leadership at the United States Naval Academy and the Harvard Business Review. The prestigious award was presented in ceremonies in Annapolis, Md. on July 18.

The Leadership Excellence Award honors top executives for principled leadership, exceptional achievement and a commitment to developing employees. Burbage, who incidentally is an Annapolis graduate, is executive vice president and general manager for program integration of Lockheed Martin's F-35 Lightning II multinational, multivariant fighter aircraft program.

Retired U.S. Navy Vice Admiral Michael Haskins, dean of the Stockdale Center, said recipients of the Leadership Excellence Award "exemplify the best of what American business has to offer ... They deliver outstanding results and adhere to the highest ethical standards, raising the bar for all business leaders."

Burbage joined Lockheed Martin in 1980. His previous assignments include vice president for Washington operations; vice president for Business Development and Product Support; vice president and general manager for Navy Programs; F-22 program vice president and general manager; president of the company's operations in Marietta, Ga. Burbage was serving as executive vice president and general manager of the Joint Strike Fighter (JSF) program when Lockheed Martin was awarded the F-35 contract in 2001, and was appointed to his current position

From 1969 to 1980, Burbage served on active duty in the U.S. Navy. After completing the Navy's Navy Test Pilot School in 1975, he accumulated more than 3,000 hours in 38 types of military aircraft. He retired from the Navy Reserve in 1994 as a captain.

Headquartered in Bethesda, Md., Lockheed Martin employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2006 sales of $39.6 billion.

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