BETHESDA, Md., July 19, 2018 /PRNewswire/ -- Lockheed
Martin's (NYSE: LMT) Chairman, President and Chief Executive
Officer Marillyn A. Hewson pledged
that the company will create 8,000 new apprenticeship opportunities
and invest $5 million in vocational
and trade programs over the next five years as President
Donald J. Trump signed an executive
order establishing the President's National Council for the
American Worker.
The $5 million investment in
vocational and trade programs is part of Lockheed Martin's
previously announced tax reform savings plan, which includes a
$50 million investment in support of
science, technology, engineering and math (STEM) scholarships and a
$100 million investment to expand
employee training and educational opportunities over the next five
years.
"The U.S. aerospace and defense industry relies predominantly on
an American workforce and is disproportionally impacted by the
shortage of skilled manufacturing workers to fill critical jobs,"
said Marillyn A. Hewson, Lockheed
Martin chairman, president and chief executive officer. "The
president has raised this issue to a level of national urgency and
we are ready to do our part. Lockheed Martin's pledge demonstrates
our commitment to enacting workforce solutions that keep pace with
technological innovation, preparing workers for the challenges of
the 21st Century and helping to secure American
prosperity and national security."
The president's newly formed council will develop and implement
a national workforce strategy to address the growing skills gap in
vocational workers' readiness for current jobs and careers of the
future.
Consistent with the administration's goals and Lockheed Martin's
workforce development priorities, the 8,000 new opportunities to
upskill current and future employees will include:
- Internships available to high-school students for
non-full-time aerospace and defense positions to learn and develop
job-specific knowledge
- Rotation Programs available to newly hired employees
that provide opportunities for rotational job experiences and
leadership training
- Mid-Career Development Programs that offer continuous
learning for mid-career employees to ensure their skills remain
current with evolving job requirements and emerging
technologies
- Technical Apprentice Programs that focus on a specific
trade or skill and offer credentials along with the opportunity for
employment post program completion
These initiatives will impact not only college-bound students,
but also individuals interested in entering vocational trades,
unemployed or displaced workers, and veterans, which make up 25
percent of Lockheed Martin's workforce.
For additional information about Lockheed Martin, visit our
website: https://www.lockheedmartinjobs.com/
About Lockheed Martin
Headquartered in Bethesda, Maryland, Lockheed Martin is a
global security and aerospace company that employs approximately
100,000 people worldwide and is principally engaged in the
research, design, development, manufacture, integration and
sustainment of advanced technology systems, products and services.
This year the company received three Edison Awards for
ground-breaking innovations in autonomy, satellite technology and
directed energy.
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SOURCE Lockheed Martin