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  • Friday, April 26, 2024

Lockheed CEO Stevens: Normal Employee Pay During Shutdown

If the federal government indeed shuts down, Lockheed Martin (NYSE: LMT) CEO Robert Stevens indicated his firm would continue with business as usual.

“If the government does shut down, you can rest assured that we will continue to conduct business with a constancy of purpose, a steadfast commitment to you, and a continuing focus on serving our customers, ” Stevens wrote in a memo to the firm. “Our facilities will remain open. We will continue to pay you. Your benefits will remain in force. We currently have no plans to furlough anyone.”

Stevens noted that individual employees’ roles during the shutdown would vary based on a variety of circumstances.

 

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