Lockheed Martin to relocate Relocate Fleet Ballistic Missile Program by 2024
NewsFebruary 24, 2017
SUNNYVALE, Calif. Lockheed Martin officials will relocate the Fleet Ballistic Missile (FBM) program within its Space Systems business area to co-locate employees in facilities with common skills and resource requirements. The government approved the move, which is expected to deliver cost savings while centralizing mission expertise in key locations.
The relocation will take place over the next eight years. The company plans to move approximately 650 positions from its Space Systems facility in Sunnyvale, California, to other Lockheed Martin locations in the U.S. Sites in Florida and Colorado, which have complementary facilities and employee skill sets. Most employees will be offered the opportunity to retain their current positions and relocate to the receiving facility.
"We value the deep expertise of our employees, and we're working diligently to shape a transition that leverages the knowledge of this team," says Rick Ambrose, executive vice president, Lockheed Martin Space Systems. "Reshaping our Fleet Ballistic Missile program will help us take full advantage of our engineering and manufacturing facilities and centralize key skills, saving costs for the Navy on this critical national security program."
The relocating positions are FBM program jobs, as well as functional and program management support roles. The company will be working closely with the U.S. Navy to ensure a smooth transition as people, facilities, and equipment move in phases over the next eight years.
