Lockheed Martin plans to cut about 800 jobs at its space systems division by the end of the year due to anticipated flat space program budgets. The company will offer a voluntary buyout plan this month to space systems employees. The cuts will include technical, managerial and administrative positions at facilities in Denver and Sunnyvale, Calif. (Source: Washington Post, 08/18/09)
Gulf Coast note: Lockheed Martin has a space and technology operation at Stennis Space Center, Miss.