Lockheed Martin Moves 560 Jobs To Texas

Originally posted on CBS Dallas / Fort Worth:

ATLANTA (AP) - Officials at Lockheed Martin have announced the company is moving 560 Marietta-based manufacturing jobs to Texas.

The Atlanta Journal-Constitution Tuesday reported employees who worked on F-22 Raptor stealth fighter jets will be relocated to Fort Worth next year. About 600 Lockheed employees work on F-22 jets in Marietta.

The newspaper reports the move will save the company about $50 million annually, and the company has cut about 26,000 jobs over the past three years.

The company’s Marietta-based workforce has decreased by about 1,000 in 2012.

(© Copyright 2012 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

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