UPI en Español  |   UPI Asia  |   About UPI  |   My Account
Search:
Go

Lockheed Martin furloughing 3,000 employees

  |
 
Published: Oct. 4, 2013 at 4:40 PM

BETHESDA, Md., Oct. 4 (UPI) -- Lockheed Martin, the prime contractor of the F-35 Lightning fighter, plans to begin furloughing some 3,000 workers beginning Monday, the firm said.

The aerospace and defense giant has 116,000 employees and said the partial federal government shutdown that began Oct. 1 was delaying testing and production in military programs.

"I'm disappointed that we must take these actions and we continue to encourage our lawmakers to come together to pass a funding bill that will end this shutdown," said Lockheed Martin Chief Executive Officer and President Marillyn Hewson in a statement Friday.

Lt. Gen. Chris Bogan, the general heading the F-35 program, told The Wall Street Journal Thursday, the government shutdown has delayed flight tests and deliveries of aircraft. Lockheed delivered 80 F-35 jets to the Department of Defense last month and the U.S. Marine Corps hopes to have the first combat-ready squadron of F-35s by late 2015.

Defense contractor United Technologies this week also announced furloughs because of the shutdown's effect on contract awards, payments and inspection work. Lockheed warned it may announce more layoffs weekly if the budget impasse continues in Washington.

Topics: Marine Corps, U.S. Marine
Recommended Stories
© 2013 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

Order reprints
Next Story: Crude oil posts weekly gain
Join the conversation
Most Popular Collections
New York Fashion Week 2013 U.S. Open 2013 50th anniversary of the March on Washington
Celebrity families of 2013 MTV VMAs 2013 Style Awards
Additional Business News Stories
Video
1 of 17
NLDS St. Louis Cardinals at Pittsburgh Pirates in Pittsburgh
View Caption
St. Louis Cardinals starter Joe Kelly delivers a pitch through the sunlight in the first inning of game 3 of the NLDS against the at PNC Park in Pittsburgh, Pennsylvania on October 6, 2013. The series is tied at one game each. UPI/Pat Benic
fark
There are horrible, tasteless ways to tease your newscast. And then there's this
Spending over a decade studying and training to attain one of the most respected and valued jobs...
FARK party in Chicago. Monday, October 7. Going to the Art Museum, getting pizza and drinking (OF...
Neighbors say that the arrest of a crack-dealing elderly woman has made their neighborhood a better...
Rabbit ruins man's sex life
Sexual deviancy is normal, claims sexual deviant