Industrial Manufacturing
Lockheed Martin Begins $51 Million Expansion in Fort Worth, Texas
Working with Burns & McDonnell (Kansas City, Missouri) as the architect and engineering firm of record, Lockheed is constructing an ...
Released Wednesday, January 31, 2007
Researched by Industrial Info Resources (Sugar Land, Texas). Lockheed Martin Aeronautics Company (Fort Worth, Texas), subsidiary of Lockheed Martin Corporation (NYSE:LMT) (Bethesda, Maryland), has begun construction on a $51 million expansion in Fort Worth, Texas, which will enable the company to apply paint and stealth coatings to the new F-35 Joint Strike Fighter for the United States government.
Construction on the project began with the initial building work on the utilities buildings in the winter of 2006, while the main building construction has begun this month. The installation of equipment is expected to begin in the early summer of 2007 and the overall project is slated for completion in the fall of 2008.
The multi-service, multi-mission F-35 Joint Strike Fighter will be manufactured for the U.S. Navy, Air Force and Marine Corps, as well as the United Kingdoms Royal Navy and Royal Air Force. The F-35 has been designed to provide an affordable, lethal, survivable and supportable stealthy tactical aircraft to these diverse defense agencies within the two governments.
Lockheed Martin Aeronautics Company is known for its production of the finest military aircraft in the world. Lockheed Martin Aeronautics Company also manufactures the F-16 Fighting Falcon, the C-130J Super Hercules, the F-117 Nighthawk, and the F-22 Raptor as well as numerous additional aircraft. Its parent company, Lockheed Martin Corporation, is known worldwide for its research, design and manufacture of aeronautics, electronic systems, information technology & global services, integrated systems & solutions and space systems. Lockheed Martin Corporation employs over 140,000 worldwide, reported sales in excess of $36 billion in 2006, and operates 939 facilities in 457 cities in 45 states in the United States as well as additional facilities in 56 nations and territories.
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