Bouchard stepping down as CEO of Lockheed Martin Canada
April 25, 2019 By Helicopters Staff
Charles Bouchard is set to retire as chief executive of Lockheed Martin Canada, effective April 30, 2019. Lorraine Ben will serve as interim chief executive of the operation headquartered in Ottawa, Ontario, as the Canadian arm of Lockheed Martin Corp., a global security and aerospace company employing 100,000 people worldwide.
Bouchard, who was the first person to hold the role of chief executive of Lockheed Martin Canada, served in the role for nearly six years, following a 37-year career in the Royal Canadian Air Force, retiring with the rank of Lieutenant-General.
“I have thoroughly enjoyed serving Lockheed Martin Canada and Lockheed Martin Corporation and while the time has come for me to retire, I will remain an ardent supporter and advocate of the work Lockheed Martin does to deliver the best equipment to today’s modern warfighter, the F-35 being a primary example,” said Bouchard
He is an Officer of the Order of Canada; a Commander of the Order of Military Merit; an Officer of the U.S Legion of Merit, three oak leaf clusters; un Officier de la Légion d’Honeur (France); and a recipient of the Meritorious Service Cross.
Present in the country for nearly 80 years, Lockheed Martin Canada today is fully integrated within the parent company’s four core business areas: Rotary & Mission Systems, Aeronautics, Space, and Missiles and Fire Controls. The operation has more than 1,000 employees throughout locations in Ottawa, Montreal, Halifax, Calgary and Victoria, in addition to staff situated within customer locations across the country.
According to Lockheed Martin Canada’s Website, across all programs, the program manages over 1,400 contracts and, since 2008, Lockheed Martin’s business operations, investments in R&D and contracts in Canada have generated $3.8 million in GDP, led to 36,521 full time jobs in Canada, provided 170 co-op student opportunities, generated $2.5 billion in wages and exported more than $2 billion in products and services.