SHUTDOWN

Lockheed reduces furloughs, but not by much

Lockheed Martin will still be furloughing 2,400 employees, a reduction of 600 from the company’s originally plan.

The 600 are back to work thanks to Defense Sec. Chuck Hagel’s decision to recall some 350,000 Defense Department workers.

“The Department of Defense’s decision will not eliminate the impact of the government shutdown on the company’s employees and the business,” the company said in a statement Monday morning.

Of the 2,400 furloughed employees, 2,100 work on civilian agency programs and 300 work on defense programs.

Affected Lockheed employees are located in 27 states, but the majority is in the Washington, D.C., area, the company said.

About the Author

Nick Wakeman is the editor-in-chief of Washington Technology. Follow him on Twitter: @nick_wakeman.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
close
contracts DB
SEARCH

Trending

  • Dive into our Contract Award database

    In an exclusive for WT Insider members, we are collecting all of the contract awards we cover into a database that you can sort by contractor, agency, value and other parameters. You can also download it into a spreadsheet. Our databases track awards back to 2013. Read More

  • Navigating the trends and issues of 2016 Nick Wakeman

    In our latest WT Insider Report, we pull together our best advice, insights and reporting on the trends and issues that will shape the market in 2016 and beyond. Read More