Lockheed Martin Opens New “Green” Facility In San Diego

SAN DIEGO, CA, 04/24/2009 --

Lockheed Martin [NYSE:LMT] held a ribbon cutting ceremony recently to mark the opening of their new campus at Scripps Ranch in San Diego. Mayor Jerry Sanders of San Diego and Lockheed Martin Maritime Systems & Sensors President Fred Moosally spoke at the event.

The three newly constructed buildings at the Horizon Tech Center campus are considered one of the top "green" projects in San Diego County. The uniquely designed 158,000 square foot campus is registered LEED (Leadership in Energy and Environmental Design) Silver Certification and incorporates state-of-the-art strategies for energy efficiency, water conservation and numerous other leading-edge "green" technologies.

The new facility will house several advanced laboratories and workspace for nearly 500 Lockheed Martin and government employees and contractors, and has additional space to add future workforce as the business expands.

"We're looking forward to continuing our mutually beneficial relationship with Lockheed Martin," said Mayor Sanders. "The company's major investment in this new facility demonstrates their commitment to growing and prospering in the San Diego community."

"We are extremely pleased to continue to grow our presence, as well as our service to our San Diego customers," said Moosally. "This marks an important day for our employees, our customers and our business. The consolidation of facilities and employees strengthens our ability to collaboratively support our customer and positions us to support anticipated growth."

San Diego Gas & Electric (SDG&E) presented Lockheed Martin and real estate developer Opus West Corporation with a "Sustainable Communities Champion" award. In addition, Opus West Corporation presented a $134,000 check to Lockheed Martin for its share of an energy efficiency incentive. This incentive, provided by SDG&E, was for incorporating sustainability measures in their tenant improvements. The three building campus is cited as example of how to promote green development endeavors throughout San Diego County.

Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 146,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2008 sales of $42.7 billion.