Fortune 500 loses another woman CEO: Lockheed Martin’s Marillyn Hewson
The number of women running Fortune 500 companies has never been large. And now it’s gotten even smaller. After seven and a half years at the helm of Lockheed Martin (LMT), CEO Marillyn Hewson stepped down Monday in a planned transition announced in March. She becomes executive chairman of the board. James Taiclet, formerly head of American Tower Corp., takes over as CEO. – CNN Business
Airbus lays off 26 Mobile employees amid coronavirus pandemic
Airbus announced Monday it’s laying off 26 employees who are sub-contracted engineers and temporary support staff. Company officials say the economic downturn is responsible for these cuts. “As a result of the financial impact to our customers as a result of the COVID-19 pandemic, Airbus has had to assess the impact to the engineering services and support that will be required going forward. In many places around our global engineering network, we are stopping the placement of engineering work to external suppliers, and reducing the size of our internal subcontracted staff,” an Airbus spokesperson said in a statement. – NBC-15
Davidson Tech awarded $20.7 million increase for missile defense contract
Huntsville-based Davidson Technologies was recently awarded a $20.7 million increase to a multi-year contract for the Missile Defense Agency at Redstone Arsenal. “This is a great step forward for Davidson,” Major Gen. John Holly (Ret.), president of Davidson Technologies, said. The contract covers ongoing efforts to provide a cyber-secure information technology infrastructure developed by Davidson. – AL.com
Grip it and rip it: Topgolf re-opens in Birmingham
Late Sunday night, Jared Murrell of Birmingham was counting down the hours. “I thought, only eight more hours until Topgolf re-opens,” he said. The driving range and entertainment venue welcomed back visitors today, more than three months after closing due to the coronavirus pandemic lockdown. Murrell was one who was greeted at the top of the front steps by an employee who offered him a face mask before entering. – AL.com
State accepting heritage, bicentennial farm applications
The Alabama Department of Agriculture and Industries is accepting applications Friday for the annual Century and Heritage Farm and Bicentennial Farm programs. The purpose of both programs is to recognize family farms that have played a significant role in Alabama’s history. A Century Farm is one that has been in the same family continuously for at least 100 years and currently has agricultural activities on the farm. The farm must include at least 40 acres of land and be owned by the applicant or nominee. – AL Political Reporter
