Wait, don't miss out on the latest GovCon industry news!

Sign Up Now! GovCon Wire provides you with Daily Updates and News Briefings

*By clicking "Join us now" you agree to receive email, promotions and general messages from GovCon Wire, In addition, you also agree to GovCon Wire Privacy Policy and Terms & Conditions.

X Remind me Later

President Trump Visits Milwaukee Facility of Lockheed’s Derco Subsidiary

Jeff Brody

President Donald Trump highlighted F-35 support activities during his recent visit to a facility operated by Lockheed Martin's (NYSE: LMT) Derco Aerospace subsidiary in Milwaukee.

Derco plans to expand its facility to accommodate warehousing and sustainment efforts for aircraft components that will be shipped to various international locations, Lockheed said Friday.

The company also plans to include more suppliers to help build repair technology platforms for the program. The F-35 supply chain in Wisconsin contributes an estimated $1.2M to the state economy, according to Lockheed.

Derco was named to the top workplaces in Milwaukee list for four consecutive years and aims to expand its workforce by 15 percent by the end of the year.

GovCon Wire Logo

Sign Up Now! GovCon Wire provides you with Daily Updates and News Briefings about Technology

Related Articles