• 2018’s Most Powerful. Fortune launched our 21st annual Most Powerful Women in Business list this morning. The 2018 ranking includes seven newbies; two execs who previously dropped off the list—only to return in grand fashion this year; public company CEOs who collectively control nearly $1 trillion in market cap; and, oh yes, Oprah!
But the real headline is our 2018 No. 1: Lockheed Martin CEO Marillyn Hewson. She lands in the top spot, which was held by GM CEO Mary Barra for the previous three years, at a time when geopolitical threats abound—as does the government spending for combating them. And Hewson has seized the moment, landing roughly $1 billion in contracts so far this year and boosting her company’s market value to nearly $100 billion. (Interestingly, she’s also leading a cadre of top female defense execs—read more about that in Jen Wieczner’s fascinating cover story, linked below).
Here’s the full 2018 top 10:
1. Marillyn Hewson, Chairman, President, and CEO, Lockheed Martin
2. Mary Barra, Chairman and CEO, General Motors
2. Abigail Johnson, Chairman and CEO, Fidelity Investments
4. Ginni Rometty, Chairman, President, and CEO, IBM
5. Gail Boudreaux, President and CEO, Anthem
6. Sheryl Sandberg, COO, Facebook
7. Safra Catz, Co-CEO, Oracle
8. Phebe Novakovic, Chairman and CEO, General Dynamics
9. Ruth Porat, SVP and CFO, Google, Alphabet
10. Susan Wojcicki, CEO of YouTube, Google, Alphabet
For the full list, click here.