The Business Magazine - B2B Business News - Site Logo
The Business Magazine March 2024
Read now
PICK YOUR EDITION

Whiteley: Lockheed Martin to create up to 300 new jobs

5 March 2014
Share
Lockheed-Martin,-Solent

Up to 300 jobs could be created in Hampshire thanks to the expansion of defence giant, Lockheed Martin UK.

The company, which already employs around 200 people at its Whiteley base, is looking to take on hundreds more staff over the next two years. They would work at the firm’s Solent Business Park base mainly in software systems engineering and integration.

Recruits would be a mix of workers already experienced in those areas along with people the company could train.

In the past year, the business has grown extensively, partly due to the acquisition of business technology solutions company Amor Group, which employs 550 people.

Mark Cooper, managing director, said that although the company has been very defence orientated in the past and its IT services were “a well-kept secret”, he was planning to expand that side of the business.

In the next few years the company, which currently employs around 600 people in Hampshire, hopes to become more focused on commercial projects to the point where it is 45% commercial and 55% defence.

Cooper said, with defence budgets being cut, it was more prudent for them to look at IT and air traffic management systems.

The company is currently growing 15% year on year and turns over around £1 billion a year.

It is looking to double the size of the business in the next four to five years.

Primarily a global security and aerospace company with business activities which cover both defence and commercial business sectors, Lockheed Martin employs more than 3,000 people in the UK. It has bases in London, Manchester, Glasgow, Edinburgh, Aberdeen, Dubai and Houston.

 


Related topics

Related articles

Upcoming events

view more
01
May

South Coast Property Forum: Networking Lunch

Ennios Ristorante
Southampton
More info
06
Jun

South Coast Property Awards 2024

Hilton Southampton
Utilita Bowl
More info
12
Jun

Leadership Roundtable: Developing strategies for financial returns over the next decade

Herrington Carmichael, Farnborough Aerospace Centre, GU14 6XR

More info
18
Jul

Thames Valley Tech & Innovation Awards 2024

Reading FC Conference & Events
Select Car Leasing Stadium, Reading
More info
12
Sep

Thames Valley Property Awards 2024

Ascot Pavilion
Ascot Racecourse
More info
03
Oct

South Coast Tech & Innovation Awards 2024

Hilton Southampton
Utilita Bowl
More info
07
Nov

Thames Valley Deals Awards 2024

Reading FC Conference & Events
Select Car Leasing Stadium, Reading
More info
21
Nov

Hampshire Business Awards 2024

Farnborough International
Exhibition & Conference Centre
More info

Related articles