Lockheed consolidating sites

Lockheed Martin said Thursday that it will close and consolidate several of its U.S. facilities and reduce its workforce by 4,000 to cut costs in response to declines in U.S. government spending. Operations will be closed in Newtown, Pa.; Akron, Ohio; Goodyear, Ariz.; and Horizon City, Texas; and four buildings on the Sunnyvale, Calif., campus, also will be closed by mid-2015. The closures will eliminate 2,000 positions. Other initiatives will eliminate an additional 2,000 positions in the Information Systems and Global Solutions, Mission System and Training and Space Systems business areas by the end of 2014. (Source: Lockheed Martin, 11/14/13) Gulf Coast note: Lockheed Martin has operations across the Gulf Coast, including Michoud Assembly Facility, New Orleans; Stennis Space Center, Miss.; and multiple offices of Lockheed Martin's Northwest Florida Operations, tied to the F-35, F-22 and other defense programs.