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LOCKHEED MARTIN TO BUILD $350M FUTURISTIC SATELLITE FACTORY

LOCKHEED MARTIN TO BUILD $350M FUTURISTIC SATELLITE FACTORY Lockheed Martin is spending big money to build the next generation of satellites. The defense and aerospace company announced Wednesday that it has started building a $350 million facility on its Waterton Canyon campus near Denver, Colorado. It's a new 266,000-square-foot "factory of the future" that Lockheed Martin says will allow it to make satellites faster and for less money. The company is a stalwart presence in the satellite and space industries. Right now, for example, it's making GPS III satellites for the U.S. Air Force and a Mars lander for NASA.   More



(Source: PA home page - Aug 4)

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