Lockheed Martin accelerates $307 million to suppliers

Lockheed Martin accelerates $307 million to suppliers

Hosts small business supplier webinars, hires more employees, continues COVID-19 relief efforts.

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In the past week, Lockheed Martin continued support to critical industrial base suppliers, front-line medical workers, and local communities for COVID-19 relief and response.

Supply chain commitment

  • Accelerated $307 million to 1,900 supply chain partners to promote a healthy defense industrial base.
  • Hosted a webinar for more than 400 small business suppliers with the U.S. Army and have engaged with 8,600 small business suppliers in recent weeks to help navigate key resources to support and sustain their operations.

Workforce

  • Lockheed Martin has hired more than 3,600 new employees across the United States since the COVID-19 crisis began. The corporation remains on track with plans to hire 12,000 employees during 2020.

COVID-19 relief efforts

  • Continues to donate corporate air support to the U.S. Department of Health and Human Services (HHS). To date, Lockheed Martin has completed seven missions to support the federal government’s COVID-19 response and relief efforts, completing the fourth bone marrow transfer flight to and from Germany.

Helping communities

  • Following Lockheed Martin’s announcement to donate $5 million to state and local organizations that support communities where it operates, several of those organizations announced those contributions, including in the Pennsylvania/New Jersey area (Cooper Hospital Foundation and Metropolitan Area Neighborhood Nutrition Alliance), California (Antelope Valley Hospital), Connecticut (CT Food Bank), and Texas (JPS Foundation).
  • Across the country, produced more than 55,000 protective gowns and nearly 28,000 face shields and have donated PPE at more than 125 locations where frontline medical workers are caring for COVID-19 patients, and those at risk, including medically vulnerable seniors.
  • Provided nearly 47,000 meals to the needy in local communities surrounding eight Lockheed Martin locations.
  • Lockheed Martin has finalized $1 million grant agreements with the Army Emergency Relief, the Navy and Marine Corps Relief Society, and the Air Force Aid Society to provide emergency assistance to make an immediate impact on servicemembers, veterans, and their families affected by the coronavirus pandemic, particularly where servicemembers’ basic living expenses and needs have been impacted by travel restrictions, loss of access to education and dependent care, and the economic downturn.