Search
Close this search box.

Get our email updates

Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.

Advertisement
Advertisement

Lockheed Martin plans to move jobs to suburban Syracuse plant in business-unit consolidation

Lockheed Martin Corp. (NYSE: LMT) is set to hold a recruitment event on Thursday from 3 p.m. to 8 p.m. in the third floor Canyon area of Destiny USA. The Bethesda, Maryland–based defense contractor has more than 200 openings to fill between its Salina and Owego locations. (Eric Reinhardt / BJNN)

SALINA, N.Y. — Lockheed Martin Corp. (NYSE: LMT) announced it plans to shift jobs to its plant in Salina as part of a consolidation in one of its business units.

“In our ongoing effort to drive down costs for customers and increase efficiency and value, we are consolidating some operations in our Rotary and Mission Systems business to better align employees, technology and facilities to meet customer needs,” a Lockheed Martin spokesperson said in an email to CNYBJ. “Lockheed Martin announced that several maritime programs will relocate to other Rotary and Mission Systems facilities, including Syracuse.”

Local media reports in the affected markets had indicated that the Bethesda, Maryland–based defense contractor had plans to close two of its plants in that process, including facilities in Middle River, Maryland and Marion, Massachusetts.

(Sponsored)

The Baltimore Sun on Friday reported that Lockheed Martin plans to close its plant in Middle River, Maryland within two years and relocate the work to other company locations. That plant employs 465 people, the publication reported.

In addition, the website of WPRI-TV in Providence, Rhode Island on Friday reported that the defense contractor planned to close its plant in Marion, Massachusetts.

The jobs that Lockheed Martin expects to relocate are primarily engineering and production related, the firm tells CNYBJ. The Salina plant currently employs about 1,800, but it is not yet known how many positions Lockheed will add to the plant.

 

Post
Share
Tweet
Print
Email

Get our email updates

Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.

Essential business news, thoughtful analysis and valuable insights for Central New York business leaders.

Copyright © 2023 Central New York Business Journal. All Rights Reserved.