Lockheed Plans Layoffs In Aeronautics Unit

SLICING OVERHEAD: Lockheed Martin is planning to cut 1,500 of 28,000 workers from its aeronautics division, which operates largely in Fort Worth, Marietta, Ga. and Palmdale, Calif. The move is intended to lean out the company and comes on top of recently announced plans to slice 1,200 workers from...

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