Lockheed Martin names company veteran Evan Scott as new CFO

A sign for Lockheed Martin Corp. stands outside the company’s headquarters in Bethesda, Maryland, U.S., on Friday, Nov. 16, 2012.  Photographer: Andrew Harrer/Bloomberg via Getty Images

WASHINGTON — Defense juggernaut Lockheed Martin has named company veteran Evan Scott as its new chief financial officer effective immediately, the company announced today.

Scott will replace Jesus “Jay” Malave, who has “advised the company that he is pursuing other opportunities,” Lockheed said in a news release.

Throughout his 26 years at Lockheed Martin, Scott has largely held positions in the finance realm, including as the company’s treasurer and as chief financial officer of two business units. Most recently, he was CFO of the company’s missiles and fire control business, a role he began in January 2024, according to his LinkedIn profile.

“Evan has earned the utmost respect as an experienced finance and operations leader, with deep understanding of our business and mission. I am confident he is the right choice to drive our continued growth and lead our finance organization with excellence,” said Lockheed CEO Jim Taiclet.

Malave was named to the CFO job in February 2022. Unlike Scott, Malave came from outside Lockheed, most recently holding the position of CFO at L3Harris.

Lockheed is set to detail its financial results for the first quarter of 2025 on April 22. Investors hoping for more information about how the company’s financial outlook has been altered by a loss on the Air Force’s sixth generation fighter program and President Donald Trump’s tariffs may be disappointed, as Lockheed executives “will reaffirm the company’s previously-issued 2025 guidance, exclusive of the evolving impacts of tariffs and the recent Next Generation Air Dominance announcement,” Lockheed said in a statement.