Spending slowdown prompts Lockheed to cut 600

Lockheed Martin is cutting about 600 workers nationwide as it deals with a continued slowdown in government spending. The defense firm will make the cuts to employees in its Mission Systems and Training unit, which focuses on drone production. "Our greatest worry is that important skills and capabilities will be lost as workers transition to other industries as a result of these layoffs," said Dan Stohr, spokesman for the Aerospace Industries Association.

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