Lockheed Martin Corp.'s shares of International Launch Services Inc. (ILS) have been transferred to Space Transport Inc., following the announcement of the sale on Sept. 7. The ILS board of directors has also appointed Frank McKenna as the company's president.
McKenna, who has more than 30 years of experience in the aerospace industry, served as ILS' vice president and deputy for the last two years, responsible for overall strategy, partnership management and customer initiatives. He was also elected to the ILS board.
ILS provides sales, marketing, licensing and mission management for launches of the Proton vehicle to commercial customers around the world. To date, there have been 43 commercial Proton launches. Currently, ILS has 11 firm missions in backlog scheduled to launch through 2008.