Posted on 05/22/2017 3:54:35 PM PDT by 2ndDivisionVet
Lockheed Martin is planning to add 500 new jobs at its Missiles and Fire Control plant in South Orlando, and the defense contractor is seeking $3.5 million in incentives for the expansion.
Lockheed will pay the 500 new employees an average salary of $87,000, according to a proposed county resolution to authorize the tax refunds. The hiring would be phased in over the next five years.
The Orange County Board of County Commissioners is set to vote Tuesday on its portion of the incentive package, $700,000. According to the resolution, other regions are competing for the Lockheed expansion, but it didn’t say where. A Lockheed spokeswoman declined to provide details.
In April, the Lockheed MFC plant in Orlando landed a military deal that could be worth $100 million for the production of air strike missiles known as Joint Air-to-Surface Standoff Missiles, or JASSM....
(Excerpt) Read more at orlandosentinel.com ...
Tuning up the resume.
Tuning up the defense stocks. :)
They don’t pay union jobs not not even near $87K. BS report.
They have to pay the stated figures to keep their incentive money from the government. Read the article.
Big place.
BS yourself - these are more than union jobs. Engineers do a lot better.
But not for OUR military.
Yes. And I’d be willing to bet the $87K includes payroll taxes, PTO, health insurance, retirement savings, overhead expenses, etc.
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