Vance D. Coffman

DEFINITION of 'Vance D. Coffman'

A former president, CEO and chairman of Lockheed Martin, and an astronautical engineer. Coffman joined the company in 1967 and developed a satellite-positioning system, the Hubble telescope and the MILSTAR communications satellite. He became president and COO in 1996, CEO in 1997, and chairman in 1998.

BREAKING DOWN 'Vance D. Coffman'

Born in 1944 in Kansas, Coffman earned his bachelor of science in aerospace engineering and his Ph.D. from Stanford University in aeronautics and astronautics. He retired from Lockheed in 2005 after working with the company for 38 years.



RELATED TERMS
  1. E. Linn Draper Jr.

    A former chairman, CEO and president of Ohio-based public utility ...
  2. Jamie Dimon

    The chairman, CEO and former president of JPMorgan Chase & ...
  3. William E. Mitchell

    A chairman and CEO of Arrow Electronics. William E. Mitchell ...
  4. Phil Condit

    A former CEO and chairman of Boeing. Condit is best known for ...
  5. Alston D. Correll

    A former CEO and chairman of Atlanta-based paper and building ...
  6. Julian C. Day

    The CEO and chairman of technology retailer Radio Shack since ...
Related Articles
  1. Stock Analysis

    Why Lockheed Martin Will Always Be Good Bet

    A breakdown of the business of one of America's most mysterious yet successful companies: Lockheed Martin, the largest defense contractor in the world.
  2. Stock Analysis

    Is Lockheed Martin Stock Suitable for Your IRA or Roth IRA? (LMT)

    Discover if Lockheed Martin is an ideal stock for your traditional IRA or your Roth IRA. Learn about the company's future prospects.
  3. Personal Finance

    Space Workers

    These jobs may seem like science fiction, but in the not-too-distant future these will be some of the most sought after careers.
  4. Investing

    Lockheed Martin P/E Ratio: A Quick Analysis

    A quick analysis of Lockheed Martin's P/E ratio.
  5. Active Trading Fundamentals

    Lockheed Martin's 3 Key Financial Ratios (LMT)

    Learn about Lockheed Martin's business by investigating three important financial ratios that determine profitability, return and reinvestment needs.
  6. Entrepreneurship

    Lockheed Martin Is Tight With The US Government

    The relationship between Lockheed Martin and the U.S. government is long-standing and the company's biggest revenue source, but it may be deteriorating.
  7. Active Trading Fundamentals

    Analyzing Lockheed Martin's Return on Equity (LMT)

    Learn about Lockheed Martin's return on equity (ROE). Find out how DuPont analysis explains ROE relative to Lockheed's aerospace and defense industry peers.
  8. Professionals

    America's Top CEOs and Their College Degrees

    You might expect all of America's top CEOs to have a business degree from an Ivy League school, but they hail from a variety of academic backgrounds.
  9. Stock Analysis

    Lockheed Martin's 5 Most Profitable Lines of Business (LMT)

    Learn about the drivers of Lockheed Martin's profitability. Management is taking steps to boost margins via acquisitions and potential sales or spin-offs.
  10. Personal Finance

    Lockheed Martin Corp.

    Total Contracts: $17,438,128,000
RELATED FAQS
  1. What is the difference between a president and a chief executive officer? Can there ...

    In general, the chief executive officer (CEO) is thought of as the highest ranking officer in a company while the president ... Read Answer >>
  2. Why is it less than ideal for a CEO of a company to also hold the position of COO?

    Learn the difference between a company's CEO and COO, and understand the division of labor that should be present between ... Read Answer >>
  3. Why is trading volume usually higher when the price of a security is changing?

    Understand the basic day-to-day responsibilities of a COO. Learn why specific types of COOs are brought on to fill specific ... Read Answer >>
  4. What are examples of major companies in the aerospace sector?

    Learn about the major companies in the aerospace sector, their key business areas and how they compare to one another in ... Read Answer >>
  5. How does a change in CEO impact stock price?

    Learn what effect hiring a new CEO has on the value of a company's stock. Explore which factors are most likely to influence ... Read Answer >>
  6. What is Tim Cook's career and educational background? (AAPL)

    Discover where Tim Cook studied and worked before joining Apple and what roles he played in the company before taking over ... Read Answer >>
Hot Definitions
  1. Law Of Demand

    A microeconomic law that states that, all other factors being equal, as the price of a good or service increases, consumer ...
  2. Cost Of Debt

    The effective rate that a company pays on its current debt. This can be measured in either before- or after-tax returns; ...
  3. Yield Curve

    A line that plots the interest rates, at a set point in time, of bonds having equal credit quality, but differing maturity ...
  4. Stop-Limit Order

    An order placed with a broker that combines the features of stop order with those of a limit order. A stop-limit order will ...
  5. Keynesian Economics

    An economic theory of total spending in the economy and its effects on output and inflation. Keynesian economics was developed ...
  6. Society for Worldwide Interbank Financial Telecommunications ...

    A member-owned cooperative that provides safe and secure financial transactions for its members. Established in 1973, the ...
Trading Center