Lockheed Martin To Close Plants, Layoff Workers | WAMU 88.5 - American University Radio
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Lockheed Martin To Close Plants, Layoff Workers

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Lockheed Martin says it's forced to reduce costs as federal defense spending declines. The nation's largest military contractor announced plans on Thursday to eliminate 4,000 jobs over the next year and a half. It also plans to close plants in several states including California, Pennsylvania and Ohio.
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