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Lockheed Martin Plans $50 Million Expansion at Orlando, Florida, Operations Hub

Lockheed Martin, a global security and aerospace company, will invest more than $50 million to expand in Orlando, Florida. The company plans to create 500 new jobs.

The aerospace company, which employs 14,000 associates in The Sunshine State at 73 locations, is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced, technology systems, products and services.

Frank St. John, Lockheed Martin Missiles and Fire Control Executive Vice President, said, “With this expansion, Lockheed Martin is further solidifying its already robust presence in Florida and supporting our business growth. The Research & Development II building underscores our customer commitments to provide the most modern facilities for our talented workforce to produce critical capabilities for the U.S. and allies for years to come.”

Orlando Mayor Buddy Dyer said, “More than 60 years ago, Lockheed Martin opened its first location in Central Florida, planting the roots that have transformed Orlando into the innovative city it is today and solidifying Central Florida as the world’s epicenter for modeling, simulation and training. We welcome the company’s continued investment in Orlando which is an example of our success in creating long-term partnerships that bring high quality jobs to residents, and is a testament to our dynamic business environment and our high quality of life.”

Peter Antonacci, CEO of EFI, said, “Lockheed Martin’s continued investment in Florida sends a strong message to aerospace and aviation business leaders that Florida is the most business-friendly state in the United States for aerospace and aviation companies.”

Governor Rick Scott said, “I am proud to announce Lockheed Martin is continuing to invest in Florida by creating 500 new jobs as part of their expansion in Orlando. Lockheed Martin is already a major job creator for our state, and our commitment to cutting taxes and making Florida business-friendly is making it easier for this global business to continue to create thousands of opportunities for Florida families.”

“Lockheed Martin has been an important part of Orlando’s economic growth for more than 50 years not only because of the company’s innovations in technology but because of its commitment to supporting our community’s STEM education initiatives. The Partnership is honored that Lockheed has chosen to expand in Orlando. Our region’s high-tech industry, strong engineering programs and talent pipeline highlight why this remains the ideal location for Lockheed’s continued success,” said Tim Giuliani, President & CEO of Orlando Economic Partnership.

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