Lockheed shuffles space and IS business units leadership

Moves represent step ups and new position for executive pair.

Lockheed Martin Corp. has shuffled a pair of key leadership positions in its Space Systems Company and Information Systems & Global Solutions business areas.

Rick Ambrose has been appointed to the newly created position of vice president and deputy of the Space Systems Company (SSC), reporting to Executive Vice President Joanne Maguire.

Ambrose, who currently leads IS&GS-National, will be succeeded by Tim Reardon, currently vice president of operations for IS&GS-National.

Both appointments are effective July 2, according to the June 28 company announcement.

Ambrose has 33 years of experience in the aerospace and defense industry. He previously served as vice president and general manager of SSC's Surveillance and Navigation Systems business and led Lockheed Martin's Mission Systems and Sensors Tactical Systems business.

Ambrose has a bachelor's degree in Electrical Engineering from DeVry Institute of Technology, and a master's degree in Business Administration from the University of Denver.

Reardon, who joined Lockheed Martin in 1998, was named vice president of operations for IS&GS-National in January 2011. He earlier led the former IS&GS-Global and the IS&GS-Enterprise Integration Group businesses.

Previously, he was a staff officer at the Central Intelligence Agency, focusing on national security issues.

A graduate of the University of Virginia, Reardon earned a bachelor’s of arts degree in Economics and also holds a master's degree in Systems Engineering from the George Washington University.

Lockheed Martin Corp., of Bethesda, Md., ranks No. 1 on Washington Technology’s 2012 Top 100 list of the largest federal government contractors.