Lockheed's Aeronautics Unit to Cut Jobs
Lockheed Martin's aeronautics unit said on Thursday that it plans to cut about 1,500 jobs to reduce costs.
The aeronautics unit, which produces the F-16 multi-role fighter jet, C-130 military transport aircraft as well as the F-35 Joint Strike Fighter, said some salaried workers would be offered voluntary layoffs to minimize the number of involuntary layoffs that would occur.
