NEWS
By David Constable | October 26, 2010
U.S. industry consumes more than one-third of the energy used nationwide, according to federal government data. That statistic is sobering, but it also represents an opportunity for industry innovation and leadership. We must plan for the future with forward-thinking approaches to energy sourcing and savings. When industry makes even relatively small strides toward energy efficiency, the results are significant. At large companies, shutting off computers when they aren't in use can reduce annual carbon footprints by tens of thousands of metric tons.
BUSINESS
March 11, 2010
The U.S. Navy has awarded a $17 million contract to Bethesda-based Lockheed Martin to provide engineering design services for the MK 41 Vertical Launching System on two classes of ships. The MK 41 Launching System has been one of the main products made at Lockheed Martin's facility in Middle River. The contract includes options that could bring its total value to $104 million over four years. The work will be performed at facilities in Maryland and California. - Baltimore Sun staff
NEWS
By Mary Gail Hare and Mary Gail Hare,mary.gail.hare@baltsun.com | April 21, 2009
Lockheed Martin, one of Baltimore County's larger employers, officially opened its sixth facility Monday in Woodlawn and announced plans to add 160 information technology jobs to a work force that exceeds 1,500. The company's Information Systems & Global Services division has refurbished and rewired a nearly 42,000-square-foot brick building on Woodlawn Drive near the Social Security Administration complex. In the past year, the company has hired about 200 employees in its efforts to provide a wide variety of services to SSA, which is continuing modernization efforts.
NEWS
April 8, 2009
The radical reshuffling of America's military priorities proposed by Defense Secretary Robert M. Gates this week makes an important turn away from the wasteful spending on the kinds of wars we used to fight to better prepare for the nontraditional conflicts we are likely to face. Maryland would gain because billions in Pentagon spending would be shifted toward intelligence, surveillance and research programs headquartered here, most importantly, at the National Security Agency at Fort Meade, which intercepts and decrypts secret communications around the world.
NEWS
By David Wood and David Wood,david.wood@baltsun.com | April 7, 2009
WASHINGTON - Streamlining and restructuring military spending for conflicts like Afghanistan, Defense Secretary Robert M. Gates proposed on Monday adding special force troops, cyber-war capabilities, theater missile defense systems to protect troops and unmanned aerial vehicles while slashing some big-war, big-ticket programs such as the supersonic stealth F-22 fighter made by Lockheed Martin of Bethesda. The proposed cancellation of the F-22 production line, which had long been expected, potentially threatens about 625 jobs in Maryland at Lockheed Martin and some subcontractors, according to Lockheed.
BUSINESS
By Bloomberg News | June 20, 2008
The Supreme Court made it easier yesterday for workers to win lawsuits that claim a company policy discriminates against older employees, ruling in favor of 17 fired workers suing a Lockheed Martin Corp. unit. The 7-1 decision puts more of a burden on employers to justify layoffs and other employment practices that disproportionately affect older workers. The majority said that, under the Age Discrimination in Employment Act, the employer must show it had a legitimate reason for the challenged practice other than age discrimination.