March 7, 2013
US Navy Decision to Award Lockheed Martin Aegis Contract Acknowledges New Jersey
as National Leader in Science and Technology
Governor Chris Christie
recently congratulated Lockheed Martin on
winning the US Navy’s Aegis Combat
System Engineering Agent program
contract. Lockheed Martin is the
Navy’s current manufacturer and
provider of onboard ship radar
systems, which are produced
primarily at the company’s
Moorestown facility. The company
employs about 4,000 workers in
Moorestown and more than 1,300 at
other New Jersey locations.
“With more scientists and engineers
per square mile than anywhere in the
world, it makes sense that the Navy
will want to keep the development
and manufacturing of its Aegis
system right here in New Jersey,”
said Governor Christie. “This is
very good news for Lockheed Martin
and for New Jersey, which is proving
again its place as a leader and home
for innovation and growth for great
companies with top-notch employees.”
In December 2011, Governor Christie
wrote to the Navy admiral in charge
of Integrated Systems, noting the
long history of Lockheed in New
Jersey, and the company’s
decades-long role in the Navy’s
Aegis program, as well as the
state’s commitment to the
defense-related business community.
Lt. Governor Kim Guadagno noted
that, as part of New Jersey’s
ongoing commitment to help New
Jersey businesses succeed, the New
Jersey Business Action Center
provided a comprehensive incentive
proposal to Lockheed Martin. To
support Lockheed Martin’s bid, the
New Jersey Economic Development
Authority last year approved a $40
million Grow NJ incentive grant for
new machinery and equipment and
modifications and infrastructure
improvements to Lockheed Martin’s
Moorestown facility.
“New Jersey was committed to
Lockheed Martin, its employees and
the Aegis program and is extremely
proud of the Christie
Administration’s role in helping
Lockheed position itself to win this
critically important contract,” said
Lt. Governor Guadagno. “New Jersey
can be proud of its place as a
leader in science and technology and
in keeping jobs right here.”
New Jersey is also working with
Lockheed Martin to create a New
Jersey Advanced Research Technology
and Talent Center, a partnership
among the state, Lockheed Martin,
and the state’s higher education
community. The center will enable
academic researchers and Lockheed
Martin’s technologists to
collaborate in developing advanced
technologies, training and
educational experiences.
“The collaboration with Lockheed
Martin is a perfect example of how
industry and higher education can
work together on crucial projects,”
said Secretary of Higher Education
Rochelle Hendricks. “The New Jersey
Advanced Research Technology and
Talent Center will attract and
retain top talent and enhance our
State’s capacity to perform cutting
edge research while increasing the
potential to develop new commercial
products. We look forward to future
partnerships with the EDA and other
key state agencies, so our colleges
and universities can conduct
research to drive innovation and
benefit our State’s economy.”
“New Jersey has been a global leader
in technology and innovation, and
Lockheed Martin’s decision to
establish this R&D and talent center
in our state is testament to the
importance of collaboration between
industry, government and academia,”
said Tracye McDaniel, president and
CEO of Choose New Jersey. “Building
those bridges is crucial to
successful economic competitiveness
and job creation today. It is
partnerships like these that help
companies like Lockheed Martin win
important contracts and retain
high-value jobs that are so vital to
New Jersey.”
Lockheed Martin’s Moorestown
facility is their largest in New
Jersey. In addition, the company has
several other locations in the
state, including Atlantic City,
Cherry Hill, Edison, Egg Harbor
Township, Hightstown, Marlton, Mays
Landing, Mount Laurel,
Pleasantville, Teterboro and Tinton
Falls. The company’s facility in
Cherry Hill also serves as
headquarters for the Advanced
Technology Laboratories.
|
 New Jersey Business |
 |
- N.J. Assembly passes bill to streamline business tax incentive programs
Also today, the state Senate Community and Urban Affairs Committee advanced a bill (S2595) that would provide assistance to municipalities that lose a source of revenue when a major business leaves for another state.
Monday, May 20, 2013
- State to boost counseling for homeowners facing foreclosure
There are about New Jersey 243,000 homes in preforeclosure, according to njlispendens.com, which tracks court filings.
Monday, May 20, 2013
- Small company stock index hits record, outpaces Dow and S&P 500
It's been a big day for small companies on Wall Street
Monday, May 20, 2013
- FDA review says Merck's insomnia pill could have troubling side effects
Regulators said patients taking high dosages of suvorexant showed increases in daytime drowsiness, suicidal thinking
Monday, May 20, 2013
- Yahoo's Tumblr purchase marks CEO Mayer's boldest move yet
While hailing Tumblr as a fount of creativity that attracts 300 million visitors each month, Mayer told analysts Monday that she is "making a sincere promise to not screw it up."
Monday, May 20, 2013
|
|
|
|
