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Fri, Jun 27, 2003

Upgraded: 'Pete' Aldridge

Please Repeat: "There is No 'Military-Industrial Complex'"

E.C. "Pete" Aldridge, Jr. has been elected to the Lockheed Martin Board of Directors, effective June 26th. Mr. Aldridge, 64, retired from his job running DoD procurement, just last month.

Aldridge is the recent/former Under Secretary of Defense for Acquisition, Technology, and Logistics. In this position, he was responsible for all matters relating to U.S. Department of Defense acquisition, research and development, advanced technology, international programs, and the industrial base.

Prior to this appointment, Mr. Aldridge served as CEO of the Aerospace Corporation, president of McDonnell Douglas Electronic Systems, Secretary of the Air Force, and numerous other prestigious positions within the Department of Defense.

Aldridge holds a B.S. degree from Texas A&M University and an M.S. from Georgia Tech, both in aeronautical engineering.

FMI: www.lockheedmartin.com

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