• Episode 1: Paul Lemmo, Lockheed Martin — Rethinking the Defense Business Model
    May 13 2026

    CDF Founder and Chairman Rich Carroll sits down with Paul Lemmo, VP and General Manager of Lockheed Martin's Sensors, Effectors and Mission Systems line of business, for a conversation on the business models reshaping defense. Rich and Paul talked about R&D funding, new munitions deals pairing industry capital with multi-year government commitments, and how primes are partnering with non-traditional autonomy companies to scale.

    Chapters
    • (00:00:11) - Richard Carroll on Innovation and National Security
    • (00:01:41) - Lockheed Martin's Sensor, Effectors and Mission Systems Division
    • (00:02:58) - Defense Budget Officer on Self-Driving Programs
    • (00:04:47) - Defense Contracting: Fixed Price vs Cost+
    • (00:11:16) - Lockheed Martin Exploring Unmanned Surface Vehicles and Undersea
    • (00:15:51) - Paul Feist on Defending autonomy in the Defense Budget
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    17 mins