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Lockheed Layoffs

Lockheed Martin is laying off 65 employees at its Owego facility.
Lockheed Martin is laying off 65 employees at its Owego facility. The announcement was made Wednesday afternoon.

Company-wide, Lockheed is laying off 587 people in its Mission Systems and Training business. Lockheed says the move is needed to address challenges in its business environment, including uncertain program funding, delays in contract awards and a competitive market.
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