• Free for qualified executives and consultants to industry

  • Receive quarterly issues of Area Development Magazine and special market report and directory issues


Lockheed Cutting 1,200 Jobs

Lockheed announced in November its plans to combine two units in its electronics systems business - the former Maritime Systems & Sensors business, based in Washington, D.C., and its Systems Integration unit in Owego, N.Y. The newly combined unit, Mission Systems & Sensors, will provide services to maritime forces. It currently employs about 16,000 workers. Its headquarters is in Washington, but workers are spread at many locations including Baltimore, Md.; Syracuse, N.Y.; Akron, Ohio; and others.
Lockheed spokeswoman Anne Marie Squeo said the cuts would not be confined to any one location and the facility in Owego would remain open.

Exclusive Research