Lockheed Martin Is Cutting Jobs

Lockheed’s space systems unit to cut jobs, Reuters
“Defense contractor Lockheed Martin Corp said on Monday its space systems division plans to cut 800 jobs, or about 4.5 percent of the unit’s workforce, in response to soft demand. Lockheed, based in Bethesda, Maryland, said the space systems job cuts would affect all levels and disciplines, including technical, managerial and administrative posts, mainly at facilities in Denver and Sunnyvale, California.”