Search

Lockheed Martin Sees 25,000 Jobs On The Line In F-22 Battle

By Marina Malenic MARIETTA, Ga.--Approximately 25,000 jobs could be lost if President Barack Obama decides not to continue F-22 Raptor production, industry executives said here yesterday. Prime contractor Lockheed Martin [BA], subcontractor Boeing [BA], engine producer Pratt & Whitney [UTX] and their direct suppliers employ about 25,000 people on F-22-related refining, machining, fabrication and assembly, said Larry Lawson, Lockheed Martin's executive vice president for the F-22 program. In addition, some 70,000 "indirect" suppliers contribute to the effort. "The total consequential…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.



Congress Updates

Dem Lawmakers Want To Codify Trump’s Push For More Defense Contractor Accountability

A group of four Congressional Democrats want to codify President Donald Trump’s push to hold defense firms accountable for prioritizing production investments over paying out stock buybacks, and are seeking […]


In Response To Flag Concerns, DoD Looks To Reduce Drone Prices, As Order for 30,000 Looms

The Pentagon is bargain shopping for Group 1 drones, as other countries, including Ukraine and China, have taken advantage of consumer electronics-level prices to bolster their stables. “In last spring’s […]


Amid Questions On Weapons Stockpiles, Caine Says U.S. Has ‘Sufficient’ Munitions For Iran Operation

Pentagon leaders on Wednesday sought to quell concerns over the rate at which the U.S. is employing critical munitions in its military strike campaign against Iran, with lawmakers also pressing […]


SASC Leaders Criticize Trump’s Defense Strategy, Press Colby On Policy Shifts

Senate Armed Services Committee (SASC) leadership on Tuesday criticized the Trump administration’s new National Defense Strategy (NDS) and pressed the Pentagon’s top policy official to explain the document’s priorities. SASC […]