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Employment problems for Lockheed Martin

Fort Worth, USA - Lowering production activities related to the F-16 to cause 500 workers' lay off

Lockheed Martin has recently unveiled it intends to lay off at least 500 employees by the end of 2004. Such announcement appears as a consequence of a survey carried out by the analysts of this US aerospace groups, as they realized that Fort Worth's facility, where the F-16s are manufactured, is going to be forced to progressively lower its own activity due to the reduction of orders. By early June,...

AVIONEWS - World Aeronautical Press Agency - 62364

AVIONEWS - World Aeronautical Press Agency
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