Friends of Manufacturing

Colorado OKs $12.6 million in incentives for 550 Lockheed Martin jobs in Jefferson County

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Lockheed Martin in February said it would relocate 650 jobs from its fleet ballistic missile program in Sunnyvale, Calif., to Colorado and Florida, without specifying who would get what.

Colorado, already home to 8,600 Lockheed Martin employees, now looks set to get the lion’s share. The Colorado Economic Development Commission on Thursday approved $12.6 million in job growth incentive tax credits in return for the company bringing 550 new jobs to Jefferson County over an eight-year period.

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