Lockheed Martin Aeronautics announces voluntary layoff program

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Lockheed Martin’s Aeronautics business area announced a voluntary layoff program that is targeted to reduce employment by approximately 1,000 positions at locations in the United States.

The voluntary program is available to mid-level employee groups in Fort Worth, Texas; Marietta, Ga.; Palmdale, Calif.; Meridian, Miss.; Clarksburg, W.Va.; Patuxent River, Md.; and Edwards Air Force Base, Calif.

The action is necessary to position Lockheed Martin Aeronautics to be competitive in the future marketplace, secure future business opportunities, and keep an infrastructure appropriately aligned with customer demands.