A global aerospace company is considering the North East for a 2,300-job factory that aims to take advantage of new opportunities for businesses in space.
Lockheed Martin, which has more than 100,000 employees and is one the largest defence contractors in the world, says it is “exploring options for a new facility in the North East” in a move that would represent a £50m investment into the region.
The company says the North east is a “strong contender for our future operations”, with the potential to create high-skilled technology and engineering jobs as it targets the emerging space sector.
