Unsure How Lockheed Layoffs Will Affect Owego Site
7/16/2013 (Updated 7/17/2013 8:35:28 AM)No word on how the latest round of layoffs will affect Lockheed Martin operations in Owego.
Company wide, 300 workers are expected to get pink slips.
Lockheed Martin has more than 2,700 employees at its Owego plant, and more than 18,000 in the United States, and nine other countries.
Although the company is not being specific, the impact on Owego, if any, is not expected to be severe.
Lockheed says the cutbacks are due to uncertainty in program funding, along with a delay in contract announcements.
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