This database was last updated in October 2019 and should only be used as a historical snapshot. There may be new information that is not included here.
Ellen M. Lord
Defense (joined: Aug. 1, 2017)
Under Secretary for Acquisition, Technology and Logistics | Financial Disclosure »
Bio, via Department of Defense:
Prior to this appointment, from October 2012 – June 2017, Ms. Lord served as the President and Chief Executive Officer of Textron Systems Corporation, a subsidiary of Textron Inc. In this role, she led a multi-billion dollar business with a broad range of products and services supporting defense, homeland security, aerospace, infrastructure protection, and customers around the world. Ms. Lord has more than 30 years of experience in the defense industry, serving in a variety of capacities, to include Senior Vice President and General Manager of Textron Defense Systems, now Weapon & Sensor Systems; and Senior Vice President and General Manager of AAI Corporation, now known as Textron Systems’ Electronic Systems, Support Solutions, and Unmanned Systems businesses. Earlier in her career, Ms. Lord served as Vice President of Integration Management for Textron Systems and Vice President of Intelligent Battlefield Systems for Textron Defense Systems, in addition to other business and operations positions. Ms. Lord is a former Vice Chairman of the National Defense Industrial Association, as well as a former Director of the U.S. – India Business Council. She has served on the industry steering committee for the Center for New American Security’s (CNAS) task force on “Strategy, Technology and the Global Defense Industry,” as well as CNAS’s DoD-Industry collaborative project “Future Foundry: Forging New Industries for Defense,” which was formed to examine key technological trends and challenges facing the global defense industry. Ms. Lord has also served on the Board of Trustees of the U.S. Naval Institute Foundation. Ms. Lord earned a Master of Science degree in chemistry from the University of New Hampshire, as well as a Bachelor of Arts degree in chemistry from Connecticut College.
Former Positions Outside Government
- Center for New American Security Advisor
- Family Trust Co-trustee
- National Defense Industrial Association Vice- Chair & Executive Committee Member (Executive Committee beginning 11/2014 then Vice-Chair beginning 11/2015.)
- Textron Inc. President & CEO Textron Systems
- U. S. Naval Institute Foundation Trustee
- U.S. India Business Council Board of Directors
Former Compensation Sources
- Textron Inc. President & CEO, Textron Systems
Employment Assets
| Description | Value | Income |
|---|---|---|
| Textron Inc. | $966,731 | |
| Textron Inc. Long Term Incentive Plan | ||
| Textron Inc. (Restricted Share Units -share settled) - Unvested | $500,001 - $1,000,000 | $1,001 - $2,500 |
| Textron Inc. (Stock Options) | ||
| Textron Inc. (Stock Options) - Vested | $500,001 - $1,000,000 | $73,750 |
| Textron Inc. (Stock Options) - Unvested | $100,001 - $250,000 | None (or less than $201) |
| Textron Inc. (Restricted Share Units - cash settled) | $166,189 | |
| Textron Inc. (Performance Share Units) - Unvested | $500,001 - $1,000,000 | $667,997 |
| Textron Stock Brokerage Account (Fidelity) | ||
| Textron Stock | $500,001 - $1,000,000 | $1,001 - $2,500 |
| Textron Inc. 401(k) Plans | ||
| Textron, Inc. 401k (Qualified) | ||
| Fidelity Diversified Intl K Mid-Cap | $100,001 - $250,000 | $1,001 - $2,500 |
| Fidelity Low Priced Stk K Large Cap | $15,001 - $50,000 | $1,001 - $2,500 |
| Fidelity Contrafund K | $50,001 - $100,000 | $2,501 - $5,000 |
| Vanguard Inst Index Plus | $100,001 - $250,000 | $2,501 - $5,000 |
| Textron, Inc. | $250,001 - $500,000 | $201 - $1,000 |
| Wellington Core Bond Fund | $1,001 - $15,000 | None (or less than $201) |
| Textron, Inc. 401k (Non-Qualified) | $15,001 - $50,000 | None (or less than $201) |
| Textron Inc., Defined Benefit Plan | ||
| Textron Inc. Defined Benefit Plan (Qualified) | $1,000,001 - $5,000,000 | None (or less than $201) |
| Textron, Inc. Defined Benefit Plan (Non- Qualified) | $1,000,001 - $5,000,000 | None (or less than $201) |
| IRA #1 | ||
| EXG - EATON VANCE TAX MGD DIV EQU FD | $1,001 - $15,000 | $1,001 - $2,500 |
| RSP - GUGGENHEIM S&P 500 EQU WEIGHT | $15,001 - $50,000 | $201 - $1,000 |
| IJH -ISHARES S&P MIDCAP 400 INDEX | $15,001 - $50,000 | $201 - $1,000 |
| PFF - ISHARES S&P US PFD STK IDX FD | $1,001 - $15,000 | $201 - $1,000 |
| IJR - ISHARES SP SMALLCAP 600 INDEX | $1,001 - $15,000 | None (or less than $201) |
| TIP -ISHARES TIPS BOND ETF | $1,001 - $15,000 | None (or less than $201) |
| QQQ- POWERSHARES QQQ TR | $1,001 - $15,000 | None (or less than $201) |
| VNQ - VANGUARD REIT ETF | $1,001 - $15,000 | $201 - $1,000 |
| DON - Wisdom Tree MidCap Dividend | $1,001 - $15,000 | None (or less than $201) |
| DES - Wisdom Tree Small Cap Div | $1,001 - $15,000 | None (or less than $201) |
| AEPFX - American Funds EuroPac Growth | $15,001 - $50,000 | $201 - $1,000 |
| AQMIX -AQR MANAGED FUTURES STRATEGY I | $1,001 - $15,000 | None (or less than $201) |
| BSIIX - BLACKROCK STRATEGIC INC OPP I | $1,001 - $15,000 | $201 - $1,000 |
| CMNIX - Calamos Mkt Neutral INC I | $1,001 - $15,000 | $201 - $1,000 |
| CIHIX - CULLEN INTL HIGH DIVIDEND I | $15,001 - $50,000 | $201 - $1,000 |
| DGCIX - DELAWARE CORPORATE BOND INST | $15,001 - $50,000 | $201 - $1,000 |
| LFRFX - Lord Abbett Flt Rt Fund | $1,001 - $15,000 | $201 - $1,000 |
| NQGIX -NUVEEN NWQ GLOBAL EQUITY INC I | $15,001 - $50,000 | $1,001 - $2,500 |
| PCRPX - PIMCO COMMOD REAL RET STRATP | $1,001 - $15,000 | None (or less than $201) |
| HYSZX - PRUDENTIAL SH DUR HI YLD INC Z | $1,001 - $15,000 | $201 - $1,000 |
| HIEMX - VIRTUS VONTOBEL EMRG MKT OPP I | $15,001 - $50,000 | None (or less than $201) |
| PIMSX - Virtus Newfleet Multi-Sector Short Term Bond Fund | $15,001 - $50,000 | $201 - $1,000 |
| U.S. Brokerage Account (Cash) | $1,001 - $15,000 | None (or less than $201) |
Other Income/Assets
| Description | Value | Income |
|---|---|---|
| MUAIX - MS Ultra Short Income Fund | $250,001 - $500,000 | None (or less than $201) |
| BABA - Alibaba | $1,001 - $15,000 | None (or less than $201) |
| GOOGL - Alphabet | $1,001 - $15,000 | None (or less than $201) |
| Google Inc. - Class C Capital Stock | $1,001 - $15,000 | None (or less than $201) |
| Amazon.com, Inc. - Common Stock | $1,001 - $15,000 | None (or less than $201) |
| AMT - American Tower REIT | $15,001 - $50,000 | $201 - $1,000 |
| Apple Inc. - Common Stock | $1,001 - $15,000 | $201 - $1,000 |
| BRK'B - Berkshire Hathaway B | $15,001 - $50,000 | None (or less than $201) |
| Biogen Idec Inc. - Common Stock | $1,001 - $15,000 | None (or less than $201) |
| Coca-Cola Co | $1,001 - $15,000 | $201 - $1,000 |
| Colgate-Palmolive Co | $1,001 - $15,000 | None (or less than $201) |
| Costco Wholesale Corporation - Common Stock | $1,001 - $15,000 | None (or less than $201) |
| CVS Caremark Corp. | $1,001 - $15,000 | $201 - $1,000 |
| Danaher Corp | $1,001 - $15,000 | None (or less than $201) |
| Emerson Electric Co | $1,001 - $15,000 | None (or less than $201) |
| FTV - Fortive Corp | $1,001 - $15,000 | None (or less than $201) |
| General Electric Co | $1,001 - $15,000 | $201 - $1,000 |
| General Mills Inc | $1,001 - $15,000 | None (or less than $201) |
| Gilead Sciences, Inc. - Common Stock | $1,001 - $15,000 | None (or less than $201) |
| Home Depot Inc | $1,001 - $15,000 | $201 - $1,000 |
| Johnson & Johnson | $1,001 - $15,000 | $201 - $1,000 |
| JP Morgan Chase & Co | $1,001 - $15,000 | None (or less than $201) |
| Marriott International - Class A Common Stock | $1,001 - $15,000 | None (or less than $201) |
| Mastercard Inc A | $15,001 - $50,000 | None (or less than $201) |
| Medtronic Inc | $1,001 - $15,000 | None (or less than $201) |
| Merck & Co Inc | $1,001 - $15,000 | None (or less than $201) |
| Microsoft Corporation - Common Stock | $15,001 - $50,000 | $201 - $1,000 |
| Monsanto Co. | $1,001 - $15,000 | None (or less than $201) |
| OMC - Omnicom Group | $1,001 - $15,000 | None (or less than $201) |
| PepsiCo Inc | $1,001 - $15,000 | $201 - $1,000 |
| The Priceline Group Inc. - Common Stock | $1,001 - $15,000 | None (or less than $201) |
| Ross Stores, Inc. - Common Stock | $1,001 - $15,000 | None (or less than $201) |
| Starbucks Corporation - Common Stock | $1,001 - $15,000 | None (or less than $201) |
| Stryker Corp | $1,001 - $15,000 | None (or less than $201) |
| Texas Instruments Incorporated - Common Stock | $1,001 - $15,000 | None (or less than $201) |
| Textron Inc | $15,001 - $50,000 | None (or less than $201) |
| Union Pacific Corp | $1,001 - $15,000 | $201 - $1,000 |
| United Technologies Corp | $1,001 - $15,000 | None (or less than $201) |
| Visa Inc | $1,001 - $15,000 | None (or less than $201) |
| Walt Disney Co | $1,001 - $15,000 | None (or less than $201) |
| EXG - Eaton Vance Tax Managed Dividend Fund | $15,001 - $50,000 | $1,001 - $2,500 |
| FTA - First Trust Large Cap Value | $15,001 - $50,000 | $201 - $1,000 |
| RSP - Guggenheim S&P Equal Weight | $15,001 - $50,000 | $201 - $1,000 |
| iShares S&P GSCI Commodity-Indexed Trust | $1,001 - $15,000 | None (or less than $201) |
| iShares S&P MidCap 400 Growth Index | $1,001 - $15,000 | None (or less than $201) |
| iShares S&P MidCap 400 Index | $1,001 - $15,000 | None (or less than $201) |
| iShares Barclays TIPS Bond | $1,001 - $15,000 | None (or less than $201) |
| iShares Morningstar Small Value Index | $1,001 - $15,000 | $201 - $1,000 |
| NML - Neuberger Berman MLP Income Fund | $1,001 - $15,000 | $201 - $1,000 |
| BOND - Pimco Total Return Bond | $1,001 - $15,000 | None (or less than $201) |
| VWO - Vanguard Emerging Mkts | $15,001 - $50,000 | $201 - $1,000 |
| VBK - Vanguard Small Cap Growth | $1,001 - $15,000 | None (or less than $201) |
| AQMIX - AQR Managed Futures Strategy Fund | $1,001 - $15,000 | None (or less than $201) |
| FABZX - Franklin K2 Alternative Strategies Fund | $15,001 - $50,000 | None (or less than $201) |
| MEURX - Franklin European Fund | $15,001 - $50,000 | $201 - $1,000 |
| Hartford Growth Opportunities I | $15,001 - $50,000 | None (or less than $201) |
| HEOZX - Highland Long Short Equity fund | $15,001 - $50,000 | None (or less than $201) |
| IVHIX - Ivy High Income | $1,001 - $15,000 | $201 - $1,000 |
| LFRFX - Lord Abbett Flt Rate | $1,001 - $15,000 | $201 - $1,000 |
| NBHIX - Neuberger Berman Equity Income Fund | $15,001 - $50,000 | $201 - $1,000 |
| Prudential Short-Term Corporate Bd Z | $1,001 - $15,000 | $201 - $1,000 |
| T. Rowe Price Japan | $15,001 - $50,000 | None (or less than $201) |
| PRNHX - T. Rowe Price New Horizons Fund | $15,001 - $50,000 | None (or less than $201) |
| T. Rowe Price Summit Municipal Intm | $100,001 - $250,000 | $2,501 - $5,000 |
| T. Rowe Price Tax-Free Income Inv | $15,001 - $50,000 | $1,001 - $2,500 |
| T. Rowe Price Tax-Free Shrt-Interm | $15,001 - $50,000 | $201 - $1,000 |
| PIMSX - Virtus Newfleet Multi-Sector Short Term Bond Fund | $1,001 - $15,000 | $201 - $1,000 |
| U.S. brokerage account (cash) | $100,001 - $250,000 | None (or less than $201) |
| Procter & Gamble | $1,001 - $15,000 | $201 - $1,000 |
Employment Agreements and Arrangements
| Employer or Party | City, State | Status and Terms | Date |
|---|---|---|---|
| Textron Inc. Stock Options | Providence, Rhode Island | I will exercise or forfeit my vested stock options, depending on market conditions. Pursuant to Textron's Long Term incentive Plan, my unvested stock options are not forfeited upon separation. In order to comply with Government ethics rules, my unvested stock options will vest upon separation and be settled via a lump sum cash payment using the Black-Scholes formula to calculate values as of the date granted. | Dec. 16, 1995 |
| Textron Inc. Restricted Share Units | Providence, Rhode Island | Pursuant to Textron's Long Term Incentive Plan, my unvested RSUs are not forfeited upon separation. In order to comply with Government ethics rules, my unvested shares will vest upon separation and will be converted to equivalent shares of Textron stock using historical pricing. | Feb. 15, 2004 |
| Textron Inc. -401k Qualified Defined Contribution Plan | Providence, Rhode Island | I will continue to participate in this defined contribution plan. The plan sponsor will not make further contributions after my separation. | Jan. 16, 1984 |
| Textron Inc. - Defined Benefit Plans | Providence, Rhode Island | I will continue to participate in both the qualified and non-qualified defined benefit plans. | Jan. 16, 1984 |
| Textron, Inc. Performance Share Units | Providence, Rhode Island | My vested PSUs have been cashed out. Pursuant to Textron's Long Term Incentive Plan, my outstanding (unvested) PSUs are not forfeited upon separation. In order to comply with Government ethics rules, upon separation I will receive an accelerated lump sum cash payment calculated using actual performance data for completed fiscal years and established target performance data for future fiscal years. | Feb. 15, 2004 |
| Textron Inc. -401k Non-Qualified Defined Contribution Plan | Providence, Rhode Island | Pursuant to Textron policy, I will receive a lump sum cash payment on separation. | Jan. 16, 1984 |
Liabilities
| Creditor Name | Creditor Type | Amount | Rate | Year Incurred |
|---|---|---|---|---|
| Morgan Stanley Home Loans | Mortgage on Personal Residence | $500,001 - $1,000,000 | 3.17% | 2015 |
| Morgan Stanley Home Loans | Mortgage on Personal Residence | $500,001 - $1,000,000 | 3.33% | 2015 |
Spouse's Employment Assets
| Description | Value | Income Type | Income Amount |
|---|---|---|---|
| IRA #1 | |||
| U.S. brokerage account (Cash) | $1,001 - $15,000 | None (or less than $201) | |
| IEI - ISHARES 3-7 YR TREASURY BD ETF | $1,001 - $15,000 | None (or less than $201) | |
| IVW - ISHARES S&P 500 GRWTH ETF | $15,001 - $50,000 | $201 - $1,000 | |
| IVE - ISHARES S&P 500 VAL ETF | $15,001 - $50,000 | $201 - $1,000 | |
| IJK -ISHARES S&P MID-CAP 400 G ETF | $1,001 - $15,000 | None (or less than $201) | |
| IJJ - ISHARES S&P MID-CAP 400 V ETF | $1,001 - $15,000 | None (or less than $201) | |
| DGCIX - Delaware Corp Bond | $1,001 - $15,000 | $201 - $1,000 | |
| CNSDX - INVESCO CONVERT SECURITIES Y | $1,001 - $15,000 | $201 - $1,000 | |
| LIFFX - Lord Abbett Inflation Focused | $1,001 - $15,000 | None (or less than $201) | |
| GAFYX - NATIXIS ASG GLOBAL ALTERNAT Y | $1,001 - $15,000 | None (or less than $201) | |
| TGBAX - Templeton Global Bond | $1,001 - $15,000 | $201 - $1,000 | |
| RSDYX - VICTORY INCORE LOW DUR BD Y | $1,001 - $15,000 | None (or less than $201) | |
| IGLIX - Voya Global Real Estate | $1,001 - $15,000 | $201 - $1,000 |
Do you know something about Ellen M. Lord? Send us an email at [email protected] or send a Signal message to 347-244-2134.
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