Mr. Augustine is a regent for the University System of Maryland. After completing his graduate work in Aeronautical Engineering at Princeton University, Mr. Augustine spent time in the federal government and private industry. He served as Assistant Director of Defense Research and Engineering for the Office of the Secretary of Defense and as Undersecretary for the Army. He has served as CEO and chairman of Martin Marietta and Lockheed Martin. He was awarded prestigious honors, including the National Medal of Technology, the Public Welfare Medal from the National Academy of Sciences, the Distinguished Service Medal from the Department of Defense, as well as numerous awards from the Army, Air Force, NASA, Treasury Department, and the CIA. He has served as the chairman and President for numerous organizations such as the American Red Cross, Association of the U.S. Army, National Academy of Engineering, and others.