Case Study about Active Risk Manager: Lockheed Martin
The Challenge: Lockheed Martin is a global security, aerospace and information technology company. It is the largest provider of IT services, systems integration and training to the US Government. The Lockheed Martin aeronautics operating unit alone had sales of $14.3 billion in 2011, this included tactical aircraft, airlift and aeronautical research and development lines of business. The tri-variant F-35 Lightning II represents the pinnacle of more than 50 years of fighter development technology. The F-35 combines radar evading stealth, supersonic speed and extreme agility with the most powerful and comprehensive integrated sensor package of any fighter aircraft in history. When first awarded, the F-35 was the largest defence contract in history.
The Solution: The size and complex nature of the F-35 program led Lockheed Martin to select Active Risk Manager (ARM) to provide a common system to comprehensively manage risks. ARM is a web-based solution which enables the integration of all risk-related data into a common system. This meant Lockheed Martin’s partners and suppliers could be involved in the risk process to help provide a more complete picture. ARM’s security features meant each player could access only the data and parts of the process relevant to them. This was essential on a national security program of this size and scope.
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