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Lockheed Martin to cut 300 jobs

Posted on: Aug. 24th, 2006 || Source: dfw.com | E-mail Article | Print Article

Lockheed Martin to cut 300 jobs
Now that much of the design work on the F-35 Lightning II fighter jet has been completed, Lockheed Martin has begun to lay off some of the engineers and other technical workers assigned to the development program.

Over the next few months, Lockheed spokesman Joe Stout said Wednesday, about 300 positions are expected to be declared surplus and eliminated, including employees and contractors.

Not all of the affected workers will necessarily be laid off, Stout said, but some have already been notified in recent weeks.

The planned layoffs had not been disclosed, but a formal note to employees was issued Wednesday at the Lockheed Martin Aeronautics Co. plant in west Fort Worth. One employee notified the Star-Telegram in an e-mail.

“With the majority of F-35 engineering design elements complete, the program has begun to shift from development to production, with some employees and contractors who supported the F-35’s peak design period now transitioning off the program,” Stout said.

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