FORT WORTH, TX—Lockheed Martin delivered its 66th F-35 this month, hitting its delivery target for the year and boosting its production level by more than 40 percent compared with last year. Lockheed is ramping up production of the F-35 and plans to hire an additional 1,800 workers by 2020.
CAMDEN, NJ—The New Jersey Economic Development Authority has awarded defense contractor Lockheed Martin another $107 million in tax credits over the next 10 years. The defense contractor will use the tax savings to defray costs of two R&D labs the company has proposed to open here.
WASHINGTON, DC—Lockheed Martin’s missile and fire control assembly plant in Grand Prairie, TX, is one of four organizations to win this year’s Malcolm Baldrige National Quality Award from the Commerce Department.