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Larry Stephens

Lawrence W. Stephens

Lawrence W. Stephens, BSAE '72, MSAE '79
Director of Strategic Initiatives and Affordability
Lockheed Martin Missiles and Fire Control


Distinguished Alumni Award, University of Texas at Arlington, 2006
M.S. Aerospace Engineering, University of Texas at Arlington
B.S. Aerospace Engineering, University of Texas at Arlington

Larry Stephens is the Director of Strategic Initiatives and Affordability for the Technical Operations and Applied Research department. In this role, Larry applies his experience in engineering leadership and program management to achieve organizational excellence through strategic planning and long-term continuous improvement. In addition, he strengthens the engineering proposal process by identifying and implementing best practices, and focuses on lower cost, high quality customer solutions by promoting a culture of affordability across the enterprise. He further contributes to the success of the company as a participant or advisor to technology development planning and new business efforts.

Previously, Mr. Stephens was Director of Systems Engineering leading a global department of more than 400 engineers supporting all major programs, advanced research projects and new business pursuits. He was responsible for the company’s systems engineering excellence in flight technologies, systems design and analysis, integration and test activities, and field test support operations.

Mr. Stephens has more than 30 years of experience in aircraft, space and missile systems development in engineering and project management positions. Beginning his career as a flight technologies engineer, he quickly advanced in responsibility as a designer and analyst, and later served as chief engineer or project engineer for space systems, anti-armor, and air defense weapons programs. He successfully led the technical activities for several aerospace programs, from concept studies to flight demonstrations, and later became a section manager of flight technologies personnel (aerodynamics, guidance and control, and performance analysis) and then Director of Systems Engineering.

In addition to his own leadership duties, Mr. Stephens coaches and mentors young professionals, and is actively involved in leadership development initiatives preparing the future business and technical leaders of the company. He has taught engineering and management topics in the Lockheed Martin Leadership Development Program and the Professional Development Program.

An Associate Fellow of the American Institute of Aeronautics and Astronautics, Mr. Stephens was awarded the Distinguished Service Award for his contributions to the Institute. He is a member of several professional societies, including the International Council on Systems Engineering and the Project Management Institute. He has held leadership positions in a number of community service organizations and many professional and university advisory boards and committees.