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Business/Financial

Lockheed Martin Advancing $50 Million To Suppliers As Part Of Virus Response

By Cal Biesecker

Friday, March 27th, 2020

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Lockheed Martin Advancing $50 Million To Suppliers As Part Of Virus Response

Lockheed Martin Chairman, President and CEO Marillyn Hewson. Photo: Lockheed Martin

Lockheed Martin [LMT] last Friday announced a number of initial steps it is taking to help the nation and its local communities in response to the coronavirus pandemic, including making advanced payments to its small and medium-size suppliers and offering technical help to government officials at all levels. “At Lockheed Martin, we recognize that the rapid spread of COVID-19 and its wide-ranging impacts have caused severe disruption across society and tragic loss of life around the world,” Marillyn Hewson, the…

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