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Lockheed
Lockheed Martin – 740 jobs cut
Defense contractor Lockheed Martin Corp, builder of the iconic, but as yet ‘unproved’, F-35 stealth fighter, said that it has slashed its workforce by 740 as part of efforts to save costs amid challenging budget environment. The company, in a statement yesterday, said job cuts will take place in its Mission Systems & Sensors (MS2) … Continue reading
Lockheed’s warning of possible layoffs
Lockheed Martin is among a group of defense contractors who say that federal and state law would require them to tell hundreds of thousands of employees they could lose their jobs should the Obama administration and Congress fail to avert automatic defense reductions of $500 billion over a decade, starting Jan. 2… via Lockheed’s warning … Continue reading
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