Richard Ambrose Biography and Net Worth

Rick Ambrose is Executive Vice President of Lockheed Martin Space and an officer of Lockheed Martin Corporation. Space is a more than $11 billion enterprise that employs nearly 22,000 people and provides advanced technology systems for national security, civil and commercial customers. Chief products include major systems for satellites, human space flight, strategic and missile defense, satellite command and control, sensor and data processing including predicative analytics and big data applications, space observatories and interplanetary spacecraft and a range of sensing, communications and exploration payloads.

With over four decades of experience in the defense and aerospace industry, Ambrose has led a significant number of programs in support of military, commercial and national security missions. Previously, he was President of Lockheed Martin’s Information Systems & Global Solutions-National business, responsible for leading a 6,500-person organization serving the U.S. intelligence community and international partners.

Ambrose also served as Vice President and General Manager of the Surveillance and Navigation Systems line of business within Space and prior to that, he led Mission Systems and Sensors Tactical Systems as Vice President and General Manager. He began his career with Lockheed Martin as Vice President of Ground Systems and Regional Executive of the Rocky Mountain region for the company’s Management and Data Systems and Astronautics Operations.

Before joining Lockheed Martin in 2000, Ambrose was Vice President of Space Systems for Raytheon’s Command, Control and Communications business segment and formerly served as President and General Manager for Space Systems, Hughes Information Technology Systems.

Ambrose serves on the Denver Museum of Nature & Science Board of Trustees and is a National Association of Corporate Directors Governance Fellow, a Fellow of the American Institute of Aeronautics and Astronautics, and an International Academy of Astronautics Full Academician. He was honored with the 2020 Denver Business Journal C-Suite Lifetime Achievement Award; named a 2019 LinkedIn Top Voice in Technology; and is a recipient of the Aviation Week Network 2018 Laureate Award for Space: Leadership, the 2017 National Defense Industrial Association Space Division Peter B. Teets Award, and a five-time recipient of the Wash100 award by Executive Mosaic.

He has a bachelor’s degree in electrical engineering technology from the DeVry Institute of Technology and a master’s degree in business administration from the University of Denver.