Lockheed Martin Space Division Expands Operations in Colorado Counties
- Reports
- 2
- Developments
- 2
- Repetition
- 0%
New informationRepeats or wire copies
What happened
Lockheed Martin announced that its space division would expand operations at facilities in Douglas and Jefferson counties. The expansion will add up to 1,250 new positions, including roles for cybersecurity engineers, software engineers, technicians, and administrative services. Governor Jared Polis announced the expansion, noting that it strengthens Colorado's aerospace industry.
From denverpost.com, krdo.com
Why it matters
The expansion strengthens Colorado's nation-leading aerospace industry and economy. Lockheed Martin, which is already the largest primary employer in Jefferson County, is adding to its existing presence in the state.
From denverpost.com, krdo.com
Who's involved
- Lockheed MartinUS aerospace and defense manufacturer expanding its space division operations
- Jared PolisAmerican politician who announced the job creation resulting from the expansion
- ColoradoState of the United States where the aerospace industry is strengthening
- Colorado Office of Economic Development and International TradeGovernment organization involved in the announcement of the corporate investment
- Douglas CountyCounty where Lockheed Martin is expanding operations and adding jobs
- Jefferson CountyCounty where Lockheed Martin is expanding operations and adding jobs
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Douglas CountySpeculative
The county might see increased local revenue and job growth from the investment.
- Jefferson CountySpeculative
The county might see increased local revenue and job growth from the investment.
- ColoradoSpeculative
The state's aerospace industry could see increased demand and investment.
- BoeingSpeculative
Competitors in the aerospace market might face increased competition for contracts and supply chain coordination.
Possible ripples
Who this could reach next, traced step by step from the reporting. Possibilities worth considering, not forecasts.- Lockheed Martin expansion could boost Jared Polis's economic profileLockheed Martin's job expansion strengthens Colorado's economic profileLikely
- Lockheed Martin expansion could boost Jefferson County's economyJefferson County may see increased jobs and investment from Lockheed Martin's expansion.Likely
- Lockheed Martin expansion may intensify competition for General DynamicsIncreased competition for defense contracts and skilled labor may challenge General Dynamics.Possible
- Boeing may face increased competition from Lockheed Martin in ColoradoBoeing may face increased competition for contracts and skilled labor in ColoradoPossible
How it developed
Newest first. Tap a step to see who reported it.Boeing and Orion spacecraft design contribute to the strengthening of Colorado's aerospace industry.1 source
Lockheed Martin is expanding operations in Douglas and Jefferson Counties, creating new jobs.1 source
Keep exploring
The entities involved
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Colorado
state of the United States of America
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Lockheed Martin
US aerospace and defense manufacturer
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Related events
- Jared Polis used his position to sign legislation in Colorado, involving the state's Division of Insurance and reports from Colorado State University.
- Advance Colorado advocates for energy policy in Colorado, involving ruling Democrats like Jared Polis and Julie McCluskie.
- The use of voting machines, including those from Dominion, in Colorado elections is being reported.
- A potential tax hike in Colorado may drive businesses to relocate to Texas or Florida.
- Polis issued an executive order to help Coloradans amid rising oil costs linked to the war with Iran.