Lockheed To Lay Off 600 With Cancellation Of VH-71 | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date






Airborne On ANN

Airborne 11.30.15

Airborne 11.24.15

Airborne 11.25.15

Airborne 11.19.15

Airborne 11.20.15

Airborne Hi-Def On YouTube

Airborne 11.30.15

Airborne 11.24.15

Airborne 11.25.15

Airborne 11.19.15

Airborne 11.20.15

EAA/ANN AirVenture Innovation Preview

AIP-#1 Vimeo

AIP-#2 Vimeo

AIP-Part 1 YouTube

AIP-Part 2 YouTube

Wed, Jul 15, 2009

Lockheed To Lay Off 600 With Cancellation Of VH-71

Most Cuts At Electronics Plant In Owego, NY

Lockheed Martin says cancellation of the beleaguered VH-71 program will cost the company 600 jobs at its facility in Owego, NY. The original $6.5 billion contract had ballooned to over $13 million, and the program was 6 years behind schedule, partly due to changes in the aircraft's specs. The Navy said the contract had been cancelled " “for the convenience of the government,” not contractor “default.”

A Lockheed spokesman told Bloomberg News the job cuts were announced Tuesday at the Owego facility. Troy Scully said it would amount to a 25 percent reduction in the total number of workers at the plant to about 3,000 by the end of this year, down from 4,000 in January.  Scully said it would be the last round of cuts in connection with the planned Presidential helicopter.

Congressman Maurice Hinchey (D-NY) represents the district that includes the Owego plant. He is asking the Pentagon to continue the VH-71 program because he says it would cost up to $21 billion to start from scratch, more than he estimates it would cost for Lockheed to finish the project. He said he will attempt to secure funding for the program in the 2010 Defense Appropriations bill.

"By continuing Lockheed Martin’s development of a new presidential helicopter, we can deliver a modern and secure helicopter fleet to the White House in a timely fashion without wasting taxpayer money,” Hinchey said in the e-mail distributed by his spokesman, Jeff Lieberson.

FMI: www.lockheedmartin.com


More News

Airborne 11.25.15: Blue Origin Reusable Rocket!, AMA Reacts, Transgender Pilots

Also: UK CAA, E-Fest 2015, Citizens In Space, Gulfstream G500, Dassault Falcon Jet, CFM LEAP-1A, Tuskegee's Milton Crenchaw ANN Airborne Link: /index.cfm?do=video.playVideo&vid>[...]

Klyde Morris (11.20.15)

Klyde Is SO Ready For An Upgrade... FMI: www.klydemorris.com>[...]

FlightSafety International Further Enhances Gulfstream G650 Training

Simulator Upgrades Include Autobrake Systems For Initial And Recurrent Training FlightSafety continues to enhance its Gulfstream G650 training program with upgrades to the simulato>[...]

Spirit Begins Production Of First Production RAAF P-8A

Aircraft Scheduled For Delivery In Early 2016 Spirit AeroSystems Inc. has begun production of the Royal Australian Air Force's (RAAF) first production P-8A aircraft. Spirit started>[...]

Aero-News: Quote Of The Day (11.30.15)

"ICARUS is going to revolutionize how we approach pilot training. It provides experience to student pilots that we cannot provide right now outside of a simulator. This product wil>[...]

blog comments powered by Disqus





© 2007 - 2015 Web Development & Design by Pauli Systems, LC