Lockheed Martin To Close Bucks Co. Facility

Defense contractor, Lockheed Martin, has announced that it will close its Bucks County facility in Newtown Township by 2015. 800 employees will lose their jobs in the move. About 250 employees will continue to work for the company at a facility in Denver. The company will cut about 4,000 jobs nationwide. A top Lockheed Martin official cites government cutbacks as one of the reasons for the plant closures.

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