Lockheed Martin Plans To Hire Hundreds In Orlando
Lockheed Martin is a business giant that many have heard of. Because of this, it is no surprise that it is big news that the company is planning to add more than 500 jobs to one of their plants in the South Orlando area. The plant they are hiring at is one of their Missiles and Fire Control plants. The defense contractor is also seeking more than $3.5 million in expansion incentives for the move as well.
The company plans to pay their new Orlando employees average salaries of around $87,000. This salary was revealed in a county resolution which was proposed in order to authorize these tax refunds. Lockheed said the hiring of these hundreds of workers is planned to be spread out over the next five or more years.
There is a vote to be set soon with the Board Of County Commissioners for Orange County. The vote is going to be for the portion of the incentives package the company was asking for to the tune of $700,000. There has also been word that other areas in the region are trying to compete with Orlando for the Lockheed Martin expansion. However, there was no definite word on what areas were trying to get the company to move their expansion to their cities. A spokesperson for the company had also refused to give details on this as well.
Back in April, the Orlando based MFC plant for Lockheed had secured a military deal which may be worth more than $100 million dollars. The deal is for the company to produce military air strike missiles known as the JASSMs, or the Joint Air-To-Surface Standoff Missiles. There has been expectancy in military spending in the defense industry lately to grow. The president's administration is looking to see an increase of at least 10 percent in the area of defense spending. This increase means an added $54 billion being spent.
Negotiating Deals For Saudis
This news from the president had come just a few days after his son-in-law had intervened personally in the multi-billion dollar deal with Saudi Arabia for an arms deal. He had called the CEO of Lockheed Martin during the negotiation process himself in order to ask for a better cost for the Saudis. Lockheed Martin is the largest defense contractor in the United States and they already employ more than 7,000 contractors in the Central Florida area. Their largest local location in Central Florida is their MFC plant on Sand Lake Road in Orlando. This facility makes the electro-optical targeting systems for the F-35 fighter jets. They also make other military defense system in that plant as well.
The division at MFC designs, develops and also manufactures defense systems and aerospace systems. Most of the systems are high-tech ones used in combat rockets and missiles. The company's clients typically include the Marine Corps, Air Force, Army, Navy, NASA and many other foreign allies as well. In addition to these high-tech defense and aerospace systems, they also offer a variety of other products and services for the military's green power initiatives and for the global civil nuclear and power industry.
Company Securing Big Orders From Around Globe
The Lockheed MFC plant had also recently acquired an order to build fourteen Sniper Advanced Target Pods. These are used on the military's fighter jets. The order came from the international Kuwait Air Force but was ordered through the United States' Air Force. In addition to the jobs that the company plans to add to the Orlando area, they also said they were planning on moving over 300 jobs from California to Brevard County in Florida. This move is a part of the company's ballistic missile program.
Local Leaders Excited About Expansion In Area
The mayor of Orange County is really excited about what the expansion of Lockheed Martin will mean for the community. She feels the move tells everyone around the globe that we have a very economic climate and skilled workforce in our area for high-tech manufacturing and developments. It also reveals to our local community that we are building a deep, diversified and opportunistic economy where all can thrive.
Rick Scott, the Florida Governor, is proud of the announcement as well. He is happy that the company is continuing to invest in the great state of Florida with these new jobs. Lockheed Martin is a big creator of jobs in Florida. The governor believes a big part of this is because of the state's commitment to cutting business taxes and working towards making the state very business-friendly.