BETHESDA, Md., April 3, 2020 /PRNewswire/ -- Today,
Lockheed Martin is announcing a number of additional steps we are
taking to continue supporting our employees, vulnerable companies
in our supply chain and those on the front lines of the medical
crisis impacting our local communities and the nation.
- In addition to continuing to support our key government
customers, we recognize that providing jobs during this period of
economic downturn is also critically important. We are
committed to continue hiring during this crisis and have added
close to 1,000 new employees over the past two weeks in addition to
advertising for 5,000 open positions.
- Recognizing that our workforce is our most valuable asset in
supporting our national security mission, we are extending awards
of up to $500 to our employees who
are regularly required to work at, or travel to, a designated
Lockheed Martin facility or customer site during this crisis.
- To continue supporting the small businesses and supply chain
that power our U.S. defense industrial base, we are increasing our
previous commitment of $53 million in
accelerated payments by another $53
million, totaling more than $106
million for this purpose.
- To support our first responders and health care workers on the
front lines of this crisis, we are committing to donate
$2 million in urgently needed
personal protective equipment items.
- In addition, we have donated personal protective equipment
(PPE) for urgent need at local hospitals and have also initiated
limited PPE and medical device production (face shields). We are
also providing engineering support for select initiatives to
accelerate production of PPE equipment.
As we all deal with the challenges of the health crisis, we will
continue to perform and deliver critical products and capabilities
for the United States and our
allies, support job creation and help those in need wherever we
operate.
Marillyn Hewson
Chairman, President and CEO
Lockheed Martin Corporation
About Lockheed Martin
Headquartered in Bethesda, Maryland, Lockheed Martin is a
global security and aerospace company that employs approximately
110,000 people worldwide and is principally engaged in the
research, design, development, manufacture, integration and
sustainment of advanced technology systems, products and
services.
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SOURCE Lockheed Martin