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. Closures will eliminate 2,000 positions, and other initiatives will eliminate another 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) Note: Lockheed Martin has operations across the Gulf Coast, including the Space and Technology Center at Stennis Space Center, Miss.