| CEO Name | Paul Lemmo |
| Nationality | United States |
| Net Worth Estimation | $10 million |
Paul Lemmo's estimated net worth of around $10 million derives primarily from his executive compensation as CEO of Sikorsky Aircraft Corporation, a subsidiary of Lockheed Martin, including salary, bonuses, stock awards, and long-term incentives. Additional assets may come from investment returns and prior roles within Lockheed Martin's leadership structure.
Paul Lemmo, CEO of Sikorsky Aircraft Corporation, has an estimated net worth of $10,000,000, which is at the minimum of the typical CEO net worth range ($10,000,000 to $70,000,000) in the aerospace business category. His net worth represents approximately 14.3% of the maximum estimated CEO net worth for this sector.
Business Category: Aerospace
Minimum Net Worth (estimation): 10000000 USD
Maximum Net Worth (estimation): 70000000 USD
Paul Lemmo Performance in Sikorsky Aircraft Corporation
Paul Lemmo, CEO of Sikorsky Aircraft Corporation, demonstrates decisive leadership by spearheading innovation in helicopter technology and streamlining operations. His strategic decision-making has enhanced production efficiency and fostered key defense partnerships, strengthening Sikorsky's market position. Lemmo's impact is evident in achieving robust financial performance and advancing sustainable aerospace solutions.
Latest News
Sikorsky Aircraft Corporation Secures $11 Billion Multi-Year Contract and Advances Helicopter Modernization
Sikorsky, led by Vice President and General Manager Rich Benton, won a historic $10.9 to $11 billion contract to produce up to 99 CH-53K heavy-lift helicopters for the U.S. Marine Corps, stabilizing its workforce and supply chain through at least 2033. Concurrently, Sikorsky is modernizing Black Hawk helicopters with new digital systems and preparing autonomous UAS drone families to strengthen military capabilities. Benton highlighted this as a monumental win that secures years of work at Sikorsky and its Connecticut supply partners.
Source: http://hartfordbusiness.com/article/sikorsky-lands-10-9-billion-multi-year-helicopter-contract/