Capital Business Blog: Lockheed Martin


Posted at 10:21 AM ET, 10/08/2012

Lockheed splits electronic systems business in two
By Marjorie Censer
New units will be Missiles and Fire Control and Mission Systems and Training. About 200 jobs will be cut.

By Marjorie Censer  |  10:21 AM ET, 10/08/2012 |  Permalink  |  Comments ( 0)
Categories:  Movies | Tags:  Lockheed Martin, defense contractor, government contracting, SAIC, divest, split, Marillyn Hewson

Posted at 11:52 AM ET, 10/01/2012

Lockheed will not issue layoff notices to employees
By Marjorie Censer
Firm will skip a move it had said it could be required to make given the threat of sequestration.

By Marjorie Censer  |  11:52 AM ET, 10/01/2012 |  Permalink  |  Comments ( 0)
Tags:  Lockheed Martin, WARN Act, layoff notices, defense contractors, government contracting, sequestration

Posted at 05:56 PM ET, 07/10/2012

Lockheed cuts employees in mission systems and sensors unit
By Marjorie Censer
One D.C.-based unit has cut its workforce by 740 employees — 432 voluntarily and 308 involuntarily.

By Marjorie Censer  |  05:56 PM ET, 07/10/2012 |  Permalink  |  Comments ( 0)
Tags:  Lockheed Martin, government contracting, layoffs