We welcome you to JobBank USA and hope your job hunting experience
is a pleasant one. We hope you find our resources useful.
August 24, 2006
Lockheed Martin says it will cut about 300 jobs in the next few months, now that much of the design work on a fighter jet is complete.
A formal note to employees was issued Wednesday at the Lockheed Martin Aeronautics assembly plant in Fort Worth.
A Lockheed spokesman says the company will offer career-transition assistance to employees affected by the reductions.
The layoffs, which include employees and contractors, will probably occur through the first quarter of next year.
The F-35 Lightning Two fighter jet program was launched in 2001 after the Pentagon awarded a team of aerospace companies headed by Lockheed the prime contract for development of the next-generation fighter and attack jet.
In the following months, Lockheed added many of the 4,000-plus people now working on the program.
The first test flight, once scheduled for late summer, is now expected to take place by mid-November.
Email This Page!