Lockheed Martin to move 560 jobs to Cowtown

FORT WORTH – Lockheed Martin is set to move 560 Marietta, Ga.-based manufacturing jobs to Texas.

Employees who worked on F-22 Raptor stealth fighter jets will be relocated to Fort Worth in 2013. About 600 Lockheed employees work on F-22 jets in Marietta, and earn between $20 and $26 an hour. The move will save the company about $50 million annually.

Lockheed has cut about 26,000 jobs over the past three years. The company’s Marietta-based workforce has decreased by about 1,000 in 2012, included the newest move.

Read more at the Atlanta Journal-Constitution.