Lockheed to end manufacturing at Middle River
Dozens of layoffs loom at Lockheed
Posted: 11/18/2010
Defense contractor Lockheed Martin says it will end manufacturing operations at its Middle River site by the end of next year, laying off 60.
The company said the site, which specializes in producing a missile launch system used on Navy ships, will employ 470 people after the cuts. Remaining employees work in program management, engineering, research and design.
Bethesda-based Lockheed Martin said production of the launch system at the Middle River site has continued to decline over the last five years while costs have risen. The company said work on future contracts will be done elsewhere.
(Copyright 2010 by The Associated Press. All Rights Reserved.)
Copyright 2010 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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