NEWCASTLE, UK, March 1, 2022 (Lockheed Martin PR) – Lockheed Martin, a global leader in space systems development, manufacturing and services, is looking for North East businesses and skills organisations to support its plans to develop a bold new future for the UK’s space sector. Senior executives from the company are in Newcastle today to explore options for its space business, which could potentially include manufacturing as well as research and development based in the North East.
Nik Smith, Lockheed Martin’s UK and Europe regional director for Space, says that with favourable market conditions and the government’s ambition to grow the sector, the company is exploring options for a new facility in the North East which could create up to 2,300 jobs. It would play a critical role in supporting the Government’s Levelling Up agenda and accelerate the UK’s National and Defence Space Strategies by increasing the space and security capabilities available to government, commercial customers, and the export market. Such a facility would represent an investment of over £50 million.
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