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Lockheed Martin to eliminate 4,000 jobs; none at space center - The Galveston County Daily News : Space

October 24, 2014

Lockheed Martin to eliminate 4,000 jobs; none at space center

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Posted: Friday, November 15, 2013 12:15 am | Updated: 5:56 pm, Fri Nov 15, 2013.

JOHNSON SPACE CENTER — Defense and space programs contractor Lockheed Martin announced Thursday it plans to cut 4,000 jobs, about 3.5 percent of its workforce, within the next two years.

None of those cuts will affect the company’s staff or operations in the NASA Johnson Space Center community, a company spokesman said.

“In the face of government budget cuts and an increasingly complex global security landscape, these actions are necessary for the future of our business,” CEO Marilyn Hewson said in a statement.

About 2,000 of the job cuts will come from Lockheed’s space systems, information systems and global solutions, mission system and training units by the end of 2014, the company announced.

“For Lockheed Martin Space Systems, this announcement includes planned actions affecting our Newtown, Pa., Sunnyvale, Calif. and Denver, Colo., facilities only,” company spokesman Chip Eschenfelder said.

Lockheed Martin is the primary contractor for the Orion space capsule, which is on schedule to launch for its first mission in about a year.

Across-the-board spending cuts by the federal government have helped trim U.S. budget deficits. Budget negotiators in Congress are holding talks on finding ways to cut spending and on tax breaks.

Lockheed Martin Corp., maker of Patriot missile defense system and the F-35 and F-16 fighter planes, will close plants in Goodyear, Ariz.; Akron, Ohio; Newtown, Pa.; and Horizon City, Texas; as well as four buildings at its Sunnyvale, Calif., campus by mid-2015, eliminating 2,000 jobs.

Lockheed Martin, which is based in Bethesda, Md., said it would shift work and some employees to facilities in Denver and Valley Forge, Pa. The company also is reviewing other possible plants to which it could move programs, including facilities in Owego, N.Y. and Orlando, Fla.

Lockheed Martin said it has cut its workforce to 116,000 employees from 146,000 since 2008.

Last month, the company said revenue would decline “slightly” next year on likely federal budget cuts.

 

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