Lockheed Martin to cut 550 jobs at Marietta plant as C-130 production slowdown

The Atlanta Journal-Constitution reports that Lockheed Martin will cut about 550 jobs at its Marietta plant as it slows production of the C-130.

Lockheed spokesman Peter Simmons said the move is necessary as production of the C-130J has plunged by one-third from 2011 to 2013.

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