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Thursday, September 01, 2005

Lockheed cuts more jobs from its F-16 line (Free Registration)
Lockheed Martin Aeronautics Co. delivered layoff notices with 60-day advance warnings to about 60 workers at the F-16 factory.

Notices were posted in F-16 work areas indicating that more cuts are likely next year.

Lockheed will have cut about 950 positions from the F-16 program this year including this round.

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