Lockheed Martin will invest more than $50 million to expand its Orlando, FL operations, creating 500 new jobs. The global security and aerospace company currently employs over 14,000 workers at 73 locations in Florida.
“With this expansion, Lockheed Martin is further solidifying its already robust presence in Florida and supporting our business growth,” said Frank St. John, Lockheed Martin Missiles and Fire Control executive vice president. “The Research & Development II building underscores our customer commitments to provide the most modern facilities for our talented workforce to produce critical capabilities for the U.S. and allies for years to come.”
Maryland-based Lockheed Martin employs approximately 100,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced, technology systems, products and services.
“I am proud to announce Lockheed Martin is continuing to invest in Florida by creating 500 new jobs as part of their expansion in Orlando,” said Governor Rick Scott. “Lockheed Martin is already a major job creator for our state, and our commitment to cutting taxes and making Florida business-friendly is making it easier for this global business to continue to create thousands of opportunities for Florida families.”
“More than 60 years ago, Lockheed Martin opened its first location in Central Florida, planting the roots that have transformed Orlando into the innovative city it is today and solidifying Central Florida as the world’s epicenter for modeling, simulation and training,” said Orlando Mayor Buddy Dyer. “We welcome the company’s continued investment in Orlando which is an example of our success in creating long-term partnerships that bring high quality jobs to residents, and is a testament to our dynamic business environment and our high quality of life.”
“Lockheed Martin has been an important part of Orlando’s economic growth for more than 50 years not only because of the company’s innovations in technology but because of its commitment to supporting our community’s STEM education initiatives,” said Tim Giuliani, president and CEO of the Orlando Economic Partnership. “The Partnership is honored that Lockheed has chosen to expand in Orlando. Our region’s high-tech industry, strong engineering programs and talent pipeline highlight why this remains the ideal location for Lockheed’s continued success.”
Expanding Your Business In Florida
Considering Florida for your company’s relocation or expansion project? Check out Business Facilities’ Florida Incentives and Workforce Development Guide.
