Lockheed Martin is accelerating its UK space strategy by considering new manufacturing investments in the North East of England for its growing UK space business

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Lockheed Martin is accelerating its UK space strategy by considering new manufacturing investments in the North East of England for its growing UK space business

Press release from: Lockheed Martin Company
Posted: Tuesday March 1st 2022

Lockheed Martin, a world leader in the development, manufacture and services of space systems, is looking for businesses and skills organizations in the North East to support its plans to develop a bold new future for the UK space sector. Senior executives from the company are in Newcastle today to explore options for its space business, which could potentially include manufacturing as well as research and development based in the North East.

Nik Smith, Lockheed Martin’s regional director for space in the UK and Europe, said that with favorable market conditions and the government’s ambition to grow the sector, the company is looking at options for a new facility in the northeast that could create up to 2,300 jobs. It would play a vital role in supporting the government’s upgrade agenda and accelerating the UK’s national and defense space strategies by increasing the space and security capabilities available to government, commercial customers and the UK market. export. Such a facility would represent an investment of over £50 million.

“We are committed to making the UK one of the most successful and successful space sectors in the world. With its strong manufacturing heritage, highly skilled workforce and reputation for quality, we have identified the North East of England as a strong competitor for our future operations, potentially creating new high-tech engineering and manufacturing jobs for the region,” said Smith.

Lockheed Martin is already active in the UK space sector. It is currently in partnership with the British space agency and the SaxaVord space center in Shetlands, to carry out the first vertical satellite launch in Northern Europe. This is expected to create hundreds of jobs and inject millions of pounds into the Shetland Islands economy. The company is also a founding member of the UK’s new national space team, Athena, which includes Serco, Inmarsat and CGI UK, which are each world leaders in providing technology and services in defence, space, communications and information technology to governments, businesses, and other organizations. Athena is committed to using its expertise and global presence to develop the UK space sector.

“With operations in the UK for over 80 years, Lockheed Martin is proud to have supported the UK economy and today has employees based at 23 locations,” said Paul Livingston, the company’s chief executive at UK. “From postal sorting technology to building the UK’s first commercial spaceport, our innovations and partnerships are helping to solve some of the UK’s most complex challenges. We invest an average of £1.8 billion in the UK every year. Increasing our investment is a key part of our global growth strategy and will allow us to partner with the government as it seeks to realize its vision of making the UK one of the most attractive and innovative space sectors in the world.”

Globally, Lockheed Martin is one of the largest space companies in the world. He has been involved in all 22 NASA missions to Mars and has partnered with the agency to explore every planet in our solar system. Today, the company is innovating to help its customers do even more in orbit. This includes designing smarter satellites that work like smartphones in the sky, with apps that can be updated in orbit so they can adapt to changing ground mission needs and development. of the very first free-flying commercial space station, known as Starlab, in partnership with Nanoracks and space Voyager.

About Lockheed Martin

Headquartered in Bethesda, Maryland, Lockheed Martin Corporation is a global space, aerospace and security company that employs approximately 114,000 people worldwide and is primarily engaged in the research, design, development, manufacturing, integrating and maintaining advanced technology systems, products and services.

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