City Of London
Lockheed Martin May Build UK Satellite Facility, Telegraph Says
An artist's rendering of a Lockheed Martin GPS II-R satellite.
Source: Lockheed Martin
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Lockheed Martin Corp. has outlined plans to build a satellite factory in the UK, which would be its first such facility outside of the US, according to a report in the Telegraph.
The Maryland-headquartered defence company has been looking into suppliers around the northern city of Newcastle, an emerging hub for space technology, said the company’s UK Chief Executive Paul Livingston.