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Lockheed Martin Refocuses Product Portfolio In Training And Logistics Business

Cal Biesecker By
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Lockheed Martin Refocuses Product Portfolio In Training And Logistics Business
F-35 Lightning II pilot training system. Part of the SciosTrain product suite within Lockheed Martin's Training and Logistics Solutions business. Photo: Lockheed Martin

Lockheed Martin [LMT] on Monday said it is transforming its approach to its products in its Training and Logistics Solutions business by refocusing them within five areas to save money and increase efficiency.“We are restructuring our approach to better leverage internal resources to bring greater innovation and affordability to the market,” Dave Scott, vice president of Business Development for Training and Logistics Solutions, said in a statement.Lockheed Martin said the move will “save millions of dollars in engineering, development and…

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